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Martial Arts Instructor

Real-Life Activities

Real-Life Math -- Solution

Income:

Kids = (200 children's classes x 15 students per class) x $15 per class

Kids = 3,000 x 15
Kids = $45,000

Adults single = 350 adult classes x $25 per class

Adults single = 350 x 25
Adults single = $8,750
Adults group = (100 adult group classes x 8 students per class) x $12 per class
Adults group = 800 x 12
Adults group = $9,600

Total income = $45,000 + $8,750 + $9,600
Total income = $63,350

Expenses:

Housing = ($300 rent per month x 12 months per year) + ($250 utilities x 12 months)

Housing = $3,600 + $3,000
Housing = $6,600
Instructors = 2 x (200 x 8)
Instructors = 2 x 1,600
Instructors = $3,200

Total expenses = $6,600 + $3,200
Total expenses = $9,800

Grand total = $63,350 - $9,800
Grand total = $53,550

Yes, you should get the money. Your estimates show a gross profit of $53,550.

Jodi Forlizzi has practiced martial arts for over 15 years. "You can be a great martial arts teacher but a horrible businessperson. A lot of times, people will hire a third party just to manage their business," she says.


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