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#6 | WAIT! Don't Open That 2nd Location Until You Listen to This Podcast!

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Manage episode 487941392 series 3659262
Content provided by Jimmy Hong. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy Hong or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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Should you open a second martial arts school location? This question haunts ambitious school owners looking to expand their impact and income.
The path to successful expansion requires meeting several critical conditions. Your first location must be truly thriving, not just surviving. Your staffing structure needs depth beyond just one or two good instructors – you need "bench strength," a pipeline of talent ready to step up without compromising your flagship location. Never move your primary instructor or yourself to the new location.
Contact Black Belt Banter

Please rate and review our podcast! Thanks for listening!

  continue reading

Chapters

1. Should You Open a Second Location? (00:00:00)

2. Staffing Requirements for Multiple Schools (00:04:07)

3. Financial Considerations and Market Analysis (00:10:00)

4. Finding the Right Location Strategy (00:18:10)

5. Student Value and Business Models (00:23:48)

6. Practical Advice for Expansion Success (00:32:01)

7. Key Takeaways and Final Thoughts (00:39:15)

7 episodes

Artwork
iconShare
 
Manage episode 487941392 series 3659262
Content provided by Jimmy Hong. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jimmy Hong or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Should you open a second martial arts school location? This question haunts ambitious school owners looking to expand their impact and income.
The path to successful expansion requires meeting several critical conditions. Your first location must be truly thriving, not just surviving. Your staffing structure needs depth beyond just one or two good instructors – you need "bench strength," a pipeline of talent ready to step up without compromising your flagship location. Never move your primary instructor or yourself to the new location.
Contact Black Belt Banter

Please rate and review our podcast! Thanks for listening!

  continue reading

Chapters

1. Should You Open a Second Location? (00:00:00)

2. Staffing Requirements for Multiple Schools (00:04:07)

3. Financial Considerations and Market Analysis (00:10:00)

4. Finding the Right Location Strategy (00:18:10)

5. Student Value and Business Models (00:23:48)

6. Practical Advice for Expansion Success (00:32:01)

7. Key Takeaways and Final Thoughts (00:39:15)

7 episodes

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