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Despite industry growth, smaller yoga studios face economic struggles

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Small Business 뉴스

Yoga,San Francisco

Small businesses like independent yoga studios are grappling with rising costs and numerous challenges in a post-COVID economic climate.

There's less foot traffic in cities as work from home patterns continue. Industries like yoga are seeing growth, but its mom-and-pop shops face a mounting threat to their survival.Nicole Cronin began her yoga journey as a student, while working in the restaurant industry. She's now a teacher and co-owner of the Pad Studios in San Francisco. 'Both teaching it and practicing it has always awakened in me this feeling of clarity,' said Cronin.

In just the northern part of San Francisco, it has now expanded to nine studios. Small businesses say it's like corporate book chains squeezing out indie bookstores decades ago. Robert Chapman-Wood is a professor at San Jose State University's School of Management. 'It's natural there's going to be big companies taking some of that business. What we don't want is big companies just dominating,' said Chapman-Wood.

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