It’s 8:00 a.m. Coffee in hand and laptop in tow, Michelle Spezio arrives at the theater to begin onstage preparations for her 2010 recital, “Get Up and Dance.” With an army of 13 teachers, 40 volunteers, a full technical crew—plus a coffee pot—she’s ready to get down to business. “
Do you struggle to make ends meet during certain times of the year? Does the seasonal nature of our industry make cash flow a headache? Perhaps more important, are you paying yourself last, if at all? If you answered yes to any of these questions, chances are you’re not working with a budget. Whether you are in your first year of business or your 15th, developing a budget should be an annual priority. Here’s how to make it painless.
Looking for ways to trim costs? These simple solutions will help you put money where you need it most—in your bank account.
Recital season comes with what most school owners consider to be one big headache: costumes. If the mere mention of the word makes you want to hide in the nearest closet, it’s time to revamp your approach to purchasing and distributing costumes. With some forethought and organization, outfitting your students for your school’s annual show can be a pleasure and not a pain.
When it comes to recital time, do you dream about putting on that perfect fantasy production? Well, think again—it might actually be the right time to consider cutting back. “Cut back!” you say. “Forget it! Last year’s recital was really good and I am going to have to do something to top it.” But cutting back on recital expenses might be the best business move you could ever make.