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CASH IS KING! 5 WAYS TO SURVIVE THESE CRAZY TIMES
Grasping for air (cash)? You are not alone, it is tough out there, and it is safe to say that we all need to throw away our preconceptions of what does and doesn’t work when generating revenue. Like any other business, the most important thing for your Art studio to survive is…MONEY. To have enough funds to keep your Art Studio afloat you must find a way to make money and save money.
Facebook lives are a great way to connect with your potential Students, as they get to know you “in person”, have a peak into your environment and the way you teach. “Lives” let them into closer to you. The thought of making a live video for the first time can be scary. But I am sure this is not the first scary thing you had to do lately. Think of what you do (painting, pottery, sewing, etc.) and go for it!
You have to think of so much when you are opening your Studio again. You need to step out of your comfort zone and adapt to the new situation with fewer students in the class, more cleaning, and no hugs or high fives (it sounds hard, right?). If you focus on these 5 things, your transition will be much less unpredictable.
You have a business that needs to make enough money to keep your doors open, and pay yourself a decent wage. Thus charging enough for your classes is crucial. Find out with these 3 EASY CALCULATIONS what is the MINIMUM you need to charge for your classes.