Budgeting to pay yourself is a primary function of a financially healthy business. I’ve been there, I know that the desire to see your business succeed, especially when you’re just starting out or experiencing a major transition. The problem is that thinking is unsustainable.
Read More“If we’re overwhelmed by our anxiety, that’s where it may lead us to avoid thinking about finances or trying to avoid thinking about taxes,” says psychologist, Dr. Tanya Farber.
Read MoreKey Performance Indicators are metrics that help SOs determine if what they’re doing is working. Want to know if your dance room is making money, or what your revenue per student is? Use your numbers to idenitfy the KPIs that will directly affect your decision making.
Read MoreAs a studio owner, you want interested students to access and take full advantage of the competition experience. The trouble comes when comp fees and add-ons become a roadblock to that access. With costs on the rise, how do you ensure families can continue to afford attendance?
Every studio owner wants their business to thrive, but they don’t always know how to make it happen. Assuming you’ve hired great teachers and offer a great service, where should you focus your energies to bring your business to the next level?
Read MoreDeveloping skills, welcoming feedback, learning from failure, are tenants to growth. If you find yourself struggling to accept change, shutting down at the thought of having to learn a new method or approach to a task, you may need to challenge your ‘fixed’ mindset to effectively pursue new levels of success in your personal and business life.
Read MoreWhatever stage of the business you’re in, these 10 strategies will equip you to run your BEST business.
Read More