Some businesses are an interesting opportunity purely because you spot an opening in the local market. With other ventures – like a dance franchise – you are probably motivated by a passion for the niche and the potential for profits. So it's hard to imagine starting a successful dance franchise without a dance background and an authentic love for the art. If you can bring together your history in dance with an ability to run an efficient business, this type of business opportunity could be perfect. Read More »
It's Still a Business
Having a passion for dance helps make this business work, but it's important to remember that this is still a business. If you think of this business venture as a hobby or even a charity, it will be destined to fail. If you don't have any experience running a business, it might be worth pursuing basic business operations and strategy education to get on the right track. Also, such training might be available through the franchise you choose to work with, so consider that possibility as well.
Connect with Your Community
Some businesses are all about the people behind them, and a dance franchise fits firmly into that category. Those who engage with your business will want to know you and form a connection with you and others in the local dance community. Without that connection, something will be missing, and it might be hard to maintain revenues over the long run. You should be committed to getting to know as many people as possible and making yourself available to form relationships and help in any way you can. It will be helpful to start with some connections in the local dance scene, but you may be able to make it without that head start if you work hard and commit to being involved.
