Week 3 – Reiki as a Business Level IV - Reiki Master Teacher - Shihan -Week 3 Day 1- Business Considerations You have received your Reiki Master Teacher Certificate, so now what? Should I jump right in and set up my own Reiki business, or am I ready, really ready to start a business? Decisions, Decisions, Decisions. I think I’ll divide this into two parts with a common thread – Experience. I’ll share my personal experience with business, maybe you will what I did right and what I did wrong. I’m a pretty fair computer technician, with a few years experience. I was introduced to the world of computers in 1964; after 24 years, I retired from the Air Force, so now what? I worked in several areas; cashier to TV. Then I started thinking, “Why not put all that computer experience to good use?” So I quit my job and repaired computers working from my home, built a few along the way. I was making pretty good money $1,000 - $2,000 each week. I had no overhead so I could keep my prices low, the lowest in town. Then I got another idea, I’m doing good now, so bigger is better right? So I moved my computer from my home to a nice little store front, lined the shelves with computer software. Built counters along both sides of the, added some computers with internet at no charge for public use. Also added a coffee & tea bar – the Cyber Rock Internet Café. I set my prices at 8% above wholesale. Yes my little store became very popular. Brought in more than a million dollars each year for five years, however my monthly take home pay was $650, so millions came in but no profits. I didn’t consider rent, utilities, the free Internet café, or payroll, when setting my prices. I finally had to close, I failed. Do you see why? If you decide to open a Reiki business after setting your intention, make a checklist of things you need to consider in preparation to start. Here are a few pointers; Start small. For a home-based business it usually takes a few years to build your clientele. How do you prefer to work? Alone, with a partner or in a Group How many days per week are you willing to commit to your business, how many hours per day. Some legal considerations You may need a business license check your local tax officials first. If you decide to make house calls, you may need another license for that. Check insurance requirements for your area also. Equipment (doesnt really apply if you work with the internet) Reiki or Massage table Freshly cleaned linens Blankets Pillows Tissues Maybe a swivel chair with rollers Possible a cooler for bottled water Although this is not a complete list by any means, it does provide a good framework some of the decisions you need to make before actually starting a business. We will continue tomorrow.
Posted on: Mon, 01 Dec 2014 00:39:34 +0000