Originally Posted by
sk girl
Yes Thank you. He lied saying we would make money from there schools. We only made money for ussd.
50 hours, $ 300 a week no taxes taken out sucks! Plus you can never own a school 100%
$250,000 for 33% of a school and all the rest of the money goes back to ussd! Come on how is anybody gonna make a living off that?
Plus a $1,000 a month for black belt manuals.
It would take 30 years just to get your money back from ussd.
Wow!!! Guess inflation has caught up with USSD. When I owned a school, the franchise fee for a turn key school was $80K.
There was also a group liaibility insurance paid qrtrly(This was minimal, like $200 for a $10Mil policy).
Plus minimum of 10 manual purchased every month($500)
Plus you had to buy all your gear at Bushido
Plus the annual charge for marketing(about $5K)
Plus give up on all the Brown and Black belt testing. 100% goes to corporate.
Plus an annual franchise fee(dont recall what it was, I believe it was around $10K).
And then of course I had to pay rent and utilities out of all the cash I give to USSD. Also I had to get my own health coverage. Nevertheless, I had control of what to charge. The DM for the area pretty much sets a minimum so that you do not undercut a franchise in your town. There were 2 of us in Mission Viejo at the time. But I could charge $200 a month if I wanted to. Or as little as the minimum. Of course if you did not make your fees, corporate had the right to bring in their own chief instructor and you would have to pay them a salary. As well as shut you down and you lose all your investment. I knew one instructor that just broke off and just went independent. He was then harrassed and ended up suing USSD and Mattera which he won.
After all was said an done I was averaging a take home of $3-5K a month pre tax. Of course I owned and taught myself. I had 2 asst. instructors that came in and I did not pay them. Basically just exchanged lessons and private classes for their time. One was a black belt and the other a green belt. The other good thing was if I wanted to take a vaca, there were black belts from other schools that would cover.
Guess they have re-structured it a bit since I left the system.
Master of Shaolin I-Ching Bu Ti, GunGoPow and I Hung Wei Lo styles.
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