Pile, releve, saute. Ballet enables one to not only strengthen their core, but to also build muscles and flexibility.
While tutition centres are booming in Singapore, another viable business option that one can consider going into is a ballet academy / studio.
Ballet academies and studios are places where people go to have fun. They can also learn a new skill, and get healthier.
Singapore is renowned for its hectic lifestyle. Hence, ballet academies are a great place to unwind and squeeze in some necessary exercise. It can also be a great place for children to have an afterschool activity. Such afterschool activities can also enable one to discover their passion for ballet.
SBL Singapore has an expert research team and has been on the market for a decade. To perform in this crowded market, you’ll have to push your business towards profit.
You’ll need to think competitively, to find an open niche and to cater to your customers’ needs. That requires more than just goodwill and a passion for your trade. As you probably already know, nothing can be achieved without a reliable plan backed by a well-spent budget.
To help one cope with the financial issues, SBL Singapore has specially tailored Ballet Academy / Studio Business Loans.
A few months back we at SBL Singapore helped Mrs Jasmine Low follow her lifetime dream and open a ballet academy in a low-income part of the island.
Mrs Low was a ballerina herself. However, due to a knee fracture, couldn’t follow her dreams of becoming a professional. She found a job in consulting and then, together with her husband, decided to be a stay-at-home mom.
As her two daughters grew up, Mrs Low wanted to follow her childhood passion and open a ballet school. Knowing the plight of stay-at-home moms, she wanted to open an affordable dance school for mothers, which gives them the opportunity for social interaction and some healthy exercise. This way, they’ll also gain more confidence as they become better at ballet and fitter in the process.
We helped Mrs Low with the necessary funds, and she rented a homey studio with all the equipment she needed. She is now the only teacher but is planning to expand her business hours and hire at least another teacher.
SBL Singapore can also help you follow your dreams with our easy-to-customize and affordable Ballet Academy / Studio Business Loans. We can help you cover the expenses for:
- Ceiling to floor mirrors
- Advertising, marketing, and PR campaigns
- Upkeep costs
- Music licenses
- Balls, rollers, and resistance bands
Launched in February 2018, SBL Singapore aims to provide financial assistance to all companies including those in the Childcare Enrichment Business industry. We also gather mentors in the education and enrichment sector through our Coach-and-Go programme for our clients to attain more information and knowledge on business management. Our objective is to help local Singapore brands grow and enter the overseas market.
With a Ballet Academy / Studio Business Loan, you pay for an inexpensive and reasonable rate of interest on monthly repayments, ensuring that you have enough capital to remain competitive and grow your business. In addition to funding, you will also obtain the mentor-ship and operation assistance that you require.
- Max Loan Amount$1,000,000
- Min Years to Qualify0.5
- Min. Annual Turnover< $100,000