Two members.
I would not call what is taught there Smooth Jive. Case of jumping on a bandwagon. I would also say that person is not that well known nationally. I reckon 90% of the forum has not heard of her
Of course they knew. Had around 15 in which is the rough number was hoping for. Got alot of calls and emails from people saying that they couldn't make the first week and asking if it mattered if they made the first one.
Almost all of the people that came were new to dance which I think is a good thing.
I think the max can get in the hall is 100. Would be happy to build up 5 people a week. Gives me a chance to iron out teething problems (like wireless mic dying ) and to get some people up to scratch. Also a little rusty on the teaching front so good to build up slowly.
Think the only way to make a living from dance is to have around 10 odd venues. Advertising is alot and prob the biggest outlay. Needs to be spread.
MMmm According to their websites it's three, maybe Leroc fed don't know about one of them Affiliated members of the LeRoc Federation
The Battle opening night was of an already established club though that has been going years at another venue. It's building it from scratch without the support of the other venue operators that is the problem. I will get there with numbers. Softly softly, catchy monkey (or something)
Is it possible to make a living from dance?
Ask again in 2 years time
--ooOoo--
Age is a question of mind over matter, if you don't mind, it doesn't matter
Leroy (Satchel) Paige (1906-1982)
Mickey Mouse's girlfriend, Minnie, made her film debut, along with Mickey, in "Steamboat Willie" on November 18, 1928.
That date is recognized as her official birthday.
I wonder how many forumites would invest in a dance business or venue?
Would it be possible to run a venue as a member owned cooperative?
Could we learn anything from working mens clubs?
I must be careful what I write on here ..........
My cryptic comment was misread - a few people have PM'd me on this with the same thought
No, not starting anything myself - what I meant, if you can survive two years in profit you can start thinking about giving up your day job
I am quite happy enjoying dancing and doing my list.
--ooOoo--
Age is a question of mind over matter, if you don't mind, it doesn't matter
Leroy (Satchel) Paige (1906-1982)
Mickey Mouse's girlfriend, Minnie, made her film debut, along with Mickey, in "Steamboat Willie" on November 18, 1928.
That date is recognized as her official birthday.
I asked a similar question 30 years ago about a passion of mine
Could I make a living out of flying Hot Air Balloons?
30 years later I can give you an answer
The answer is no, but you can have a lot of fun trying
Running your own business is not easy but it does has its rewards
One word of warning, in turning your hobby into a business you lose your hobby
I no longer fly balloons for fun, my “hobby” is dancing and I would never dream of turning it into a business
Good luck.
There is a group round here who operate as a cooperative (I think), Mottram Jive. Nice venues, friendly people ... dancing is nothing special but its there for the masses rather than the superstars. Quite a success story methinks.
Re making a living from it ... well, I think it depends if you follow all the legal and tax requirements properly. To make a net income (salary) of about 30k you'd need to have a turnover of about 60k .... with that level of business you then have to charge VAT as well as the standard niggles of insurances, employing your staff, paying NI etc. Once you have to pay VAT I think that the current model doesn't work .... as taking 17.5% off your income effectively removes your profit margin.
I must admit I'm unclear as to how the bigger operators manage to get round this. I think that if you teach all the lessons yourself it counts as 'educational' and is therefore VAT exempt (or zero-rated?) but as soon as you use someone else that all goes out the window .... but I'm 10 years out of date on VAT. Anyone got a better view on this thorny subject?
The current VAT threshold 67K
http://customs.hmrc.gov.uk/channelsP...08650#P25_1931
Associate companies divide the limits set for corporation tax. For example a Limited company:
First £300,000 - 21% Corporation tax
Next £1,200,000 - 29.75% Corporation tax
Over £1,500,000 - 28% Corporation tax
If there is a associate company, then those limits are divided by the number of companies in total. So if there are 2 other associate companies meaning three companies in total then you'll be paying tax at 28% on profits over £500,000 instead of £1,500,000 and so forth.
As what an associate company is, that will take far too long to explain. Though simply it's when the same person or connected persons own more than one business. What is a connected person...this could go on...but I'll stop!
And of course, Ceroc venues are franchises...
Not sure what you mean. Self employed people are taxed on their profits. It doesn't really matter if they run one business or twenty.
Anyways, not looked into it but is Ceroc a Limited company?
Yes you can make a living out of teaching dance, and many people do.
In 1996/1997 I ran dance classes etc. in the UK and made 35k net per annum. I also kept my daytime job, which gave me 65k, and I lived off property investing as well... but of course if I wanted, I could have given up the day job, and lived reasonably. (even if I did not have multiple properties)
So in summary, I could have lived off just dance (and for some, 35k would be an ok wage), and I know many who just live from teaching dance.
Just given up the day job (but started PT web design from home)
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