1. Low start-up costs – The cost of starting a surfing school is relatively low compared to other businesses. You’ll need basic equipment like surfboards and wetsuits, but the cost of these items can be kept down with good research and thriftiness.
2. Low overhead – Since your classes will be outdoors, you won’t need to worry about renting a physical space or buying furniture and other equipment. The only expenses you’ll have are for creating promotional materials and advertising your services.
3. High demand – Surfing is becoming increasingly popular in many parts of the world, so there is likely to be a steady demand for your services. Additionally, you can offer private lessons and corporate packages increase your revenue sources.
1. Unpredictable weather – Since your classes will be held outdoors, you’ll need to factor in the potential for bad weather when planning your business. If the weather turns sour during a session, you may need to cut it short or cancel altogether.
2. Limited customer base – While demand for surfing classes is increasing, your potential customer base will likely be limited to those who live near the beach. You may need to consider opening multiple locations in order to reach more people.
3. High liability risks – As with any business involving physical activities, you’ll need to make sure that your instructors are properly trained and certified. Additionally, all of your equipment must be regularly inspected for safety.
4. Intense competition – If there are already a lot of surfing schools in the area, you may have difficulty standing out from the crowd. You’ll need to be creative and offer unique services in order to make your school stand out from the competition.