Month: September 2018

The profit and loss (P&L) statement is a very important document that lists in a very logical order for you, the martial arts business owner, the income and expenses of your business.

The first thing that the P&L needs to show is your sales, cost of sales and gross profit. That is, the total income derived from sales less the cost of these sales leaving the gross profit. The sales includes all money you have received through your POS from the sale of goods and services. In a martial arts business this includes training fees, uniforms and equipment sales and sales from food and drinks. The cost of sales is exactly what it says – the money you had to spend in order to purchase these items to sell. Cost of sales applies only to goods that you sell, for example uniforms and kick paddles. You may purchase the kick paddle for $15 and sell it for $45. The cost of sale in this instance is $15. And finally, the gross profit is the total sales less the cost of sales. Gross profit does not have the day to day expenses like electricity, motor vehicle, postage and so on taken out at this stage.

The next area of the P&L is the expenses, and this is where the day to day expenses are listed. Some items you may pay for on a daily basis, whilst other items are paid for on a weekly and monthly basis. The things here should be grouped under subheadings like general and administration expenses, advertising, motor vehicle, operating expenses, occupancy costs, and employment expenses.

The gross profit described above less the total expenses gives the nett profit (or loss). This final figure is very important to know each week. It tells you if you have spent more than you have earned, which is a position no one in a martial arts business wants to be in. Many business owners leave this to prepare every three months when their Business Activity Statement (BAS) is due to the Australian Taxation Office, however this is very poor business practice. A few businesses do this monthly, and that is still too infrequent. The reason for this is that you need to be able to track on a weekly basis how your sales and expenses are traveling to make sure you do not get to the end of the month and discover that you have overspent and gone way over budget. It may take months to haul in such a mistake and, as history shows, some businesses never recover from this kind of thing.

In order to produce this profit and loss statement you need to enter the information weekly, and I recommend that this be done on a set day each week, just as your accounts must be paid on a set day each week, and not on an adhoc or random basis. You may employ a bookkeeper to enter the income and expenditure or you may in fact do this yourself. I recommend doing this yourself at first as you then learn how a profit and loss comes together. Once you income improves from your martial business you may then choose to hand the task over to a paid or volunteer bookkeeper

The primary task of the bookkeeper, apart from entering the income and expenses into the accounting package, is to reconcile the bank statements. That is, perform a formal auditable reconciliation of the expenses as shown in your tax invoices against the bank statements. Remember, all accounts must be paid from your bank account so there is a clearly recognisable and auditable path for all income and expenditure. This is a “not negotiable” when it comes to running a martial arts business.

Enrolling your child in kids karate and childrens martial arts classes in Phoenix AZ can benefit your child in numerous ways. Your child will develop coordination, balance, confidence, discipline, and technique. Aside from that your child will have the ability to gain self-respect. While having your child attend kids karate and childrens martial arts classes in Phoenix you will notice a variety of changes in the way your child is acting. He/She will be a strong individual with a positive attitude. They will be more focused and will have gained leadership and confidence. Kids karate and childrens martial arts classes in Scottsdale gives children an amazing opportunity to change their entire outlook and aspects on that specific kind of training.

Respect, esteem for or a sense of the worth or excellence of a person, a personal quality or ability, or something considered as a manifestation of a personal quality or ability. Martial arts begins and ends with respect. Kids karate and childrens martial arts classes in Phoenix AZ fully believe in self-respect. To have self-respect is one of the most important things in a childs life. Kids karate and childrens martial arts classes in Scottsdale can help a child gain this. A childs awareness is developed with three primary areas; respect, discipline, and self-control. These are three of the most important terms a child will come familiar with while taking such classes like kids karate and childrens martial arts in Phoenix.

During these classes there is a great deal of encouragement from teachers to their students, students to fellow students, etc. Children become aware of their surroundings and familiar with everyone and everything around them. Children taking kids karate and childrens martial arts classes in Phoenix, AZ work harder and harder each day to achieve the goals they are signed up for. They build up confidence and stamina and focus entirely on the class itself.

The respect that is built from taking a kids karate class and childrens martial arts class in Phoenix is remarkable. Children learn from their teachers and the teachers at these classes are amazing role models that will by all means make sure your child is not only learning karate and martial arts, but learning how to be a coordinated, confident, respectful, and disciplined young individual.

Martial arts is a physical activity that just about anybody can benefit from. But with peer pressure and unrealistic images in the media, martial arts can be extremely beneficial for girls in their formative years. Heres why.

1. Its sustained vigorous physical activity. Martial arts is a physical activity that involves the entire body. Kicking, punching, forms and sparring all require the entire body to complete the movement. Movements are done over and over again to practice them, and as a result, endurance and strength improve, which improves overall fitness. This boosts the metabolism, vital in assisting weight control.

2. It helps with flexibility. The benefits of improved flexibility may not be immediately apparent, but they do make a sincere impact on self esteem. Improved flexibilty can prevent injuries, facilitate circulation and most importantly, promote better posture. Research has found that better posture can have a positive effect on self esteem. This is due to the relationship between how we carry our bodies and how we feel. Think about it: how do you feel when you hunch over your shoulders and slouch? If you stand up straight with your spine aligned properly, it may improve your mood – and flexibility can help you do this.

3. It makes you stronger. Martial arts utilizes your own body weight to improve strength. This, in turn, helps to make you stronger and you can even incorporate some weightlifting to accelerate results. A strong mind equals a strong body!

4. It teaches you respect. In structured martial arts classes, particularly in more traditional styles like kung fu and karate, there is a clear distinction between teacher and student, as well amongst peers. You are taught discipline and humility. The entire class structure is based on respect for all, including yourself. You respect and are respected. This is beneficial for self esteem and self confidence.

5. It makes you view the world differently. The world isnt viewed on appearance alone. Rather than seeing things superficially and judging them by their looks only, an appreciation for what others do and say is developed. Respect is based on the merit of anothers actions, and this alters your world view.

Each of these points shouldnt be taken alone. They are intimately related to one another. While there are several other benefits of taking martial arts, these five points are perhaps the most important for a girl developing in this society.

All of us have seen those amazing feats of mind over matter, where a martial artist is breaking a stack of bricks as tall as he is. Most of us assume that he’s made of something different than we, super human perhaps. And while it may be true he has a higher tolerance for pain than many, it isn’t true that these skills are natural or in bred. They can be achieved by anyone willing to put the time in.

So exactly how does a person go from ordinary to indestructible? The key lies in hand conditioning. Hand conditioning is the secret tool used in many martial arts to prepare the body for very high impact and for combat. It conditions the bone and the nerves to withstand great trauma without sustaining injury. But it must be trained gradually and methodically if great gains are to be made.

Hand conditioning has two physiological consequences. The first is a deadening of the nerves. Pounding bone on a hard object repeatedly eventually kills the feeling in that part of the body. So when expert breakers claim to have no pain during a break that is why. They can’t feel anything but pressure. The second change that occurs is actually a strengthening of the bone itself. When bone is cracked your body released calcium to that region which later hardens and becomes new bone. This often results in big thick fat knuckles, the trademark of a conditioned striker.

So for those interested, what is the best way to train for this sort of extreme skill? Hit stuff, plain and simple. Old school Karate practitioners would smash their knuckles with a hammer and then punch a wall until they passed out. This would turn the hand into more of a mangled club, good for little else but smashing. But this is unnecessary. Most hard core breakers take a long term and dedicated approach with a little each day mentality.

If you’re learning to strike with the fore fist, or the first two knuckles, you might start with lightly punching wood a hundred times a day or so. Go until the sting is too much to bear, rest, and repeat. Eventually your hands will harden and the nerves will deaden. You’ll know when its time to move onto brick or steal, a surface that won’t be so forgiving. But keep in mind, in training; you don’t need to be using great force. Keep relaxed and go for repetition.

This training is not recommended for everyone, but if this is your art and you’re dedicated, you can make great gains in just a few months. A few minutes a day will result in a rock hard punch after just a few months. But if anything feels off consult a doctor and use common sense.

Sparring is something that all martial arts classes utilize. There are various combat sports, such as boxing and wrestling that use sparring as well. It is a very useful tool, aiding students become better by having their combatting techniques as well as additional skills they have studied. By practicing against other individuals, students learn the system quicker and become more accomplished at performing the methods rapidly as well as effectively.

If you are studying martial arts in a dojo, you ‘ll discover sparring to be extremely fantastic as well as useful to your instruction. The instructors are going to be overlooking proceedings as well as guiding students, making sure that no one becomes hurt. Students generally apply safety equipment, including headgear, to make certain the sparring session is safe throughout practice.

Depending on the talent level and the particular martial art class you are attending, you might end up sparring without protective gear. When students get to a sophisticated stage and are extremely skilled they will not normally want protective equipment. At this phase, their sparring abilities as well as approaches are such that they can easily go a few rounds by having more skilled students as well as not make any detrimental contact at all.

Martial arts such as Brazilian Jiu-Jitsu, that focus on grappling, make substantial usage of sparring, as it is needed to correctly execute the procedures against a resisting opponent. Martial arts that focus mainly on grappling use joint locks as well as submission methods, which will certainly desire to be extensively practiced before they can be utilized effectively during a rivalry or in a self defense situation.

Throughout sparring, students go back as well as forth, remaining competitive with each additional and testing talents. Timing of the rounds will differ, although most last several minutes. Students will even obtain guidance as well as insight from their instructors to allow them recognize how they are doing and if they need to alter just about anything. This also provides instructors a prospect to see simply exactly how well you are progressing in instruction as well as what areas you want to function on.

In some cases, sparring can easily be done by yourself, without anybody else working by having you; shadow boxing! If you are sparring by yourself, you might utilize equipment such as punching bags, tackling dummies, or other forms of hardware that will certainly help you by having the martial art. The foam or rubber dummies are most frequently utilized by having grappling approaches or for ground as well as pound drilling, as they render the opponent that you are attempting to pummel into entry.

Sparring is an impressive much to practice the skills you have learned against hardware or other students. Students are fun to spar against, specifically if they are at a greater level of skill than you. You can easily use sparring to your benefit, studying what others do as well as how they react to the movements and approaches. The longer you spar as well as practice your moves – the better you will certainly get in the instruction, speed as well as the execution of the skills. Martial Arts classes are unfinished without this excellent instruction device.