How to Open a Yoga Studio Part 5: To Partner, Or Not to Partner
Determining the right legal structure for your studio is a process of understanding your options, goals, and needs. Learn the ABCs of sole proprietorships, partnerships, and nonprofits so that you can make the best decision for your business.
There is no one setup that is best for all yoga studios. Whether you're better off launching your own business or co-founding one, and whether you choose a simple or more complicated organizational structure, will depend on many factors. Again, your best bet is to do some soul searching. Then speak with a professional who can help you to sort out the particulars.
Constance Loizos is a San Francisco-based writer whose work has appeared in more than a dozen magazines, including Inc., Fast Company, and San Francisco Magazine. She is currently writing a book about businesswomen.
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