Posts Tagged ‘financial’

Words of Wisdom

A 23-columnist salute to 11 years of ideas, insight, and inspiration by Tamsin Nutter Some days you just need a little advice and encouragement—whether on preschoolers, degagés, or taxes—to pin on the staff bulletin board or mull over in the bathtub at night, from a trusted friend who’s been there, done that, and understands exactly…

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Dollars, Cents, and Due Diligence | Common Mistakes New Small Businesses Make

by Michelle Cote So you’re opening a new dance studio, you’re excited, and you’re sure the location and space will work. In my work as an accountant, I’ve seen small-business owners—both new and existing—make various financial mistakes. Here a few common mistakes to watch out for: Undercharging. New business owners frequently undercharge for services, hoping…

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July 2017 | Ask Rhee Gold | Competition Programs

Advice for dance teachers | Competition Programs Dear Rhee, At what age do you believe a child should begin a competition program? We’ve always started at 10; now parents are asking me if I will accept kids as young as 6. I don’t know if the children and their parents are prepared for the amount…

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March-April 2013 | Bright Biz Ideas | Business No-Brainer

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.

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Trim and Financially Fit

Looking for ways to trim costs? These simple solutions will help you put money where you need it most—in your bank account.

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