🔹 Membership Income: $5,000 (40%) - The primary source of revenue comes from membership subscriptions, contributing significantly to financial stability.
🔹 Private Sessions: $3,000 (24%) - One-on-one training sessions generate nearly a quarter of the revenue, reflecting strong demand for personalized coaching.
🔹 Drop-in Classes: $2,000 (16%) - Occasional attendees account for a fair share of revenue, showing the importance of flexible options for clients.
🔹 Online Classes: $1,500 (12%) - Virtual sessions contribute to a diversified income stream, indicating a shift toward digital accessibility.
🔹 Workshops: $1,000 (8%) - Special events and workshops provide additional revenue, enhancing member engagement and learning opportunities.
🔹 Instructor Payroll: $4,000 (44%) - The largest expense, reflecting the importance of high-quality instructors for the studio.
🔹 Studio Rent: $2,500 (27%) - A significant portion allocated to maintaining a dedicated space for classes.
🔹 Marketing & Advertising: $1,200 (13%) - Investment in promoting classes and attracting new students.
🔹 Software & Subscriptions: $800 (9%) - Essential tools for managing bookings, payments, and virtual classes.
🔹 Cleaning & Maintenance: $600 (7%) - Ensuring a clean and safe environment for all participants.
🔹 Total Expenses: $9,100 (73%) - The combined total of all operational costs incurred by the studio.
🔹 Net Profit: $3,400 (27%) - The remaining profit after all expenses have been deducted from total revenue.