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Salt Lake City Bookkeeping Blog

How to Open a Yoga Studio: Advice from a Bookkeeper

Posted by Matt Roberge on Dec 5, 2019 6:51:00 PM


We have helped plenty of small business owners with opening a yoga studio but mostly from a business perspective.  Yoga studio bookkeeping is one of our industry specialties due to how many yoga studios we have done bookkeeping and business consulting for.  

The one thing I have noticed about all the yoga studio owners we have worked with is the passion they have for yoga.  I'm sure you don't want to get into yoga for business management; you just want to run a studio because you love what you do.  

No matter what business you are in having a true passion and love for what you do is what leads to running a successful business.  If you are wondering how to open a yoga studio I have plenty of advice from a business perspective based upon my past experience.

Here we will discuss my top tips for those wanting to open their own yoga studio. 

  1. Find a CPA and Lawyer
  2. Choose an Entity Type
  3. Yoga Studio POS System
  4. Bookkeeping For A Yoga Studio
  5. Payroll and Independent Contractors
  6. Financial Reporting
  7. Filing Taxes
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Topics: Yoga Studio Bookkeeping, Mindbody Bookkeeping

Want to Grow Your Small Business? Spend More Time on Yoga

Posted by Leanne Armstrong on Aug 2, 2017 9:00:00 AM

When it comes to engagement, creativity, and productivity, there’s a strong correlation between a positive mindset and improved business performance. In fact, according to New York Times bestselling author Shawn Achor (The Happiness Advantage), it’s clear that “increasing your happiness improves your chances of success.”

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Topics: Yoga Studio Bookkeeping, Growth Coach

Mindbody Bookkeeper For Yoga Studio Bookkeeping

Posted by Matt Roberge on Jun 12, 2013 7:00:00 AM

Mindbody is a popular online business management software in the health and wellness industry.  Mindbody clients include yoga studios, fitness gyms, salons and spas just to name a few.  Yoga bookkeeping is one of our industry specialties at Salt Lake City Bookkeeping.  We also service a few other industries that use Mindbody including the fitness industry.  The software is easy to use and overall our clients seem happy with both its functionality as well as the customer service.  Having a bookkeeper consult you that has experience using Mindbody will ensure that your bookkeeping is being handled properly.  If you are using Mindbody for your business software here are a few tips for bookkeeping using Mindbody.

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Topics: Yoga Studio Bookkeeping, Mindbody Bookkeeping

Yoga Studio Bookkeeping - What You Need To Know

Posted by Matt Roberge on May 31, 2013 7:30:00 AM

Handling the bookkeeping for a yoga studio may be a foreign task for a studio owner.  However, we have been doing yoga studio bookkeeping for years for studios all around the country.  Typically the owner is really good at running the studio and getting new business, however many struggle with handling the bookkeeping.  Typically the bookkeeping is just something that the studio owner doesn't want to deal with or simply doesn't have the time to handle.  Running a yoga studio has so many other important tasks that outsourcing the bookkeeping is usually the best solution.  Here is a list of bookkeeping related issues that you may want to consider when starting a new yoga studio.

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Topics: Small Business Bookkeeping, Yoga Studio Bookkeeping, Mindbody Bookkeeping