Read good books like
Don Peterson's master studio book. I bought mine last week for $3.
I'm looking to buy a second house for a studio soon...so I know the feeling. (that means getting a seconed job which I applied for today...) I simply want to make it as a photographer. Oh, and my city only has 35,000! plus two long standing studios already in the town. It's hard to tell if another studio will saturate the market or not. I believe it depends on the approach and the service+quality that is given to each customer. I'm always curious to how many people on here have running studios or not...isn't there a thread where everyone comments on where they are in the photography businesS? If not, there should be one!!
-joshua