It takes me about 2 hours per month to do all my bookkeeping and billing. I have a studio of about 30 students that I run from my home. How long does it take you? If 2 hours a month sounds like heaven to you, it’s time to choose (or change) your accounting program. What … Continue reading Accounting Software Survey for Music Studios
If you’re a geek like me, tax prep time is your favorite time of year. Just kidding. I’m fairly certain I am one of the few self-employed music instructors out there who actually enjoys putting stuff together for my taxes. The reason I enjoy it is because I like to be organized and I have … Continue reading Choosing an Accounting Program for Your Studio
Or, Do You Know What You Don’t Know? I’m a really lucky girl. I have a really awesome mom and dad who were independent business owners for most of my childhood. My dad is also awesome because he has quite possibly the most meticulous and well organized finances that I know of. He is SO meticulously … Continue reading Finance and Accounting 101 for Music Teaching Studios
A special post today – not part of the Business End Series, but deeply related to it. Below is a re-post from Frances Wilson’s blog, the Cross-Eyed Pianist. Frances recently undertook a study of piano teachers in the UK to see how they viewed their jobs and how they thought others viewed their jobs. This post … Continue reading An Image Crisis in Independent Piano Teaching (Repost)
or “There’s an App for That!” Every time I talk to my phone, and it answers me, I think to myself, “I love living in The Future!” Technology is a truly wonderful thing, and makes it possible for you, as an independent music teacher, to run your own business with only a couple outside professionals … Continue reading Running a 21st Century Music Studio
Here’s a brief list of the things that come to mind when I think of the “Business End” of things: Business end of a skunk (the stinky part) Business end of a scorpion (the pokey part) Business end of a dog (the bitey part) Business end of a snake (the poisonous part) Business end of … Continue reading Managing the “Business End” of a Music Teaching Studio
Have you seen the quotation from Shakespeare’s A Midsummer Night’s Dream: “though she be but little, she is fierce” (Act 3, Scene 2, line 325)? It’s been on all kinds of websites and memes about girl power, and I identified with it a lot. Because though I am but little, I am fierce. Just to … Continue reading Are You Fierce?
I may be completely dating myself here, but do you remember those old personals ads, SWF seeks a partner for fun, dates, and possible LTR? When I first got into teaching piano, I was told (in my Simply Music training program) that I was embarking on a long term relationship with teaching music. Like any … Continue reading MF Seeks LTR: Managing a Long Term Relationship with Teaching Music
I know what you’re thinking, “You’ve got to be joking. Retire? ME?” You may feel like a retirement plan is a total non-sequitur for you as an independent music teacher. Maybe you’re pretty sure that the only retirement plan you can afford is to have your kids take care of you when you’re old. I’m … Continue reading No 401(k)? No Problem!
Have you heard the corporate buzzword “Value Added?” When I worked in HR, I had only the vaguest idea of what it meant. In staff meetings, the bigwigs would start to talk about “adding value” and my eyes would glaze over. In fact, I had to start my own business to understand what “adding value” … Continue reading Add Value to Your Music Teaching Studio