profit Tag

heaven on earthI own and operate a small piano studio out of my home, and the summertime is always a bit of a financial struggle for me.

When I took piano lessons growing up, we always continued our lessons during the summer.  They were a bit more sporadic, since my teacher usually took a vacation and my family usually took a vacation, but it certainly wasn’t as though we took the summer off.

When I began teaching piano in Milwaukee, I was surprised to discover that teachers in the area gave summers completely off from piano lessons.  Most of my students expected that I would be doing this same thing.  My first year of teaching, though it went against my instincts and desires, I decided to appease the masses and gave my students the summer off.

I will never do it again. 

Now is the time to take active steps to add students for your teachers. Acting now gives you time to implement solutions based on what responses you get to 'The Four Asks.' What are these mysterious questions? 1. Ask teachers if they want more students. It's possible your teachers would like to expand the number of students they teach. If so, adding time slots to their schedule in...

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Inventory is a part of many studio operations. Knowing more about retailing can help your bottom line. In many cases your students need supplies, uniforms or equipment. Let's  focus on ways to control overhead and maximize use of finances. Outsource entirely It's ideal to have a local vendor willing to stock items. How can you help build the best relationship? Keep them informed of your schedule so...

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Growing a studio can be challenging This post is the first of two covering creative thoughts to help build your studio. Perhaps they’ll get your own creative juices going on marketing ideas. Studio Helper can help you manage the studio as it grows so all aspects stay under control. Controlled growth is always a good thing, right? The traditional method for studio growth was to let students...

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