Most studio owners are passionate about dance and teaching, not accounting or financial planning. “The dance side” of the studio, as we are wont to say, is what we love, and live for. “The business side,” however, is what we grudgingly plod through because it allows us to do what we love. From daily accounts receivable and accounts payable, to monthly account reconciliations, to marketing, to data entry, to preparing annual tax returns—the business side requires diligent attention if we want our studios to succeed.Read More
Taking students to competitions is an expensive endeavor. Explaining the costs involved to parents is important, and ensuring that parents follow through on their financial commitments can be difficult. Three studio owners devised plans for making the interactions surrounding competition costs as painless as possible, and they might work for you too.Read More
After months of attending conferences and giving speeches across the United States and Canada, I’ve discovered that there is always more to appreciate about our dance education community.
We are witnessing a time in dance history when many school owners have become smart small business owners who offer quality dance education to every child—and they are being rewarded with financial success. For dance teachers, there have never been more opportunities to teach, not only at these schools but also in a new field that has evolved, in which master teachers travel throughout North America to teach and choreograph at small-town studios. And everywhere they go, they inspire young people to pursue their dance dreams.Read More
by Teri Mangiaratti Presenting families with a full season schedule at registration makes a fantastic first impression. Putting all of your season’s dates on a calendar now will help dancers’ families and your staff plan their year, and they will absolutely appreciate it. So pour yourself a cup of coffee, print out a calendar, and…Read More