Tag Archives: accounting and finance

To Rent or Not to Rent (Music Studio Space, that is)

Is it time to take the plunge and rent music studio space for your private teaching studio? Or is it time to move your rented teaching studio back into your living room? If you teach from home, you’ve probably thought about renting studio space. If you teach in a rented space, you’ve probably thought about … Continue reading To Rent or Not to Rent (Music Studio Space, that is)

Studio Management Tools for Independent Music Instructors

Yes, now I am going to talk about and compare Music Teacher’s Helper   and My Music Staff If you’re a MTH or MMS fan, I’m sorry.  I think these programs both try to be a “Jack of All Trades”—but the rest of the saying also applies: they are “Master of None”.  They do a … Continue reading Studio Management Tools for Independent Music Instructors

Insurance for Independent Music Instructors

As a natural born worry-wart, I am sometimes perversely interested in really boring topics.  But today’s riveting topic is essential even for non-worrier self-employed music instructors: …Drumroll… INSURANCE! [Trumpet fanfare] Why buy insurance? To protect you from the unexpected, like: Your studio gets burglarized or vandalized. Someone slips on the unshoveled walk outside your studio and … Continue reading Insurance for Independent Music Instructors

Accounting Software Survey for Music Studios

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

Finance and Accounting 101 for Music Teaching Studios

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