Studio Booking Software Articles

businessplan
Every Successful Business Has a Business Plan.

That being said, I have to admit that when I began my home piano studio, I did not write out a formal business plan or even a startup plan! I did, however, create professional documents such as a studio policy, studio brochure, business cards, tuition statements, and many other documents necessary for running my studio. I also had a lot of goals for my business but they were mostly in my head. In spite of not writing out a business plan, my business has flourished and I am now in my ninth years with a full studio and a waiting list. As I become more and more educated on the business end of things, I realize the need for a business plan. It’s never too late to write one. In fact, to insure that my business continues to be successful, it is absolutely essential.

Why Write a Business Plan?

Putting everything on paper is powerful. Similar to writing weekly assignments for our students and asking them to document their practice for the week, writing a business plan aids in solidifying goals and recognizing both strengths and weaknesses. The United States Small Business Administration stresses the importance of writing a business plan for the following reasons: to obtain outside funding and credit from suppliers, to manage operation and finances, to promote and market your business, and to achieve goals and objectives. A standard template for a business plan usually includes:

Having been a piano teacher for nine years now, I have learned how very important it is to maintain contact with my clients.  I believe that keeping the lines of communication open with my customers results in a better lesson experience for all involved, and I’ve also learned that it helps my students and their families to feel as though they are important and not becoming “lost in the shuffle”.  Regular contact with stucommunicatedents makes them feel that I am accessible and they, in turn, are very open to coming to me with questions, concerns, and positive feedback.  Below are a few simple ideas to encourage interaction between you and your studio’s customers:

E-mail

The Internet has made communicating simple and effective.  When I think of how my own piano teacher growing up had to make phone calls whenever there was a schedule change or send letters home with students about upcoming events (and rely on us actually giving them to our parents…), I realize how lucky I am to be running a studio in the age of the Internet.  I use e-mail to communicate nearly everything that happens in my studio–upcoming recitals, workshops, lesson reminders, etc.  Not only does this simple and efficent way of communicating make life easier for me, but busy parents appreciate the quick, non-intrusive updates.  I also use e-mail to tell students about events in the community.  For example, if there is an upcoming symphony performance or a great sale at our local piano store, I will send a brief e-mail to my piano families to let them know.

Newsletters

I have found newsletters to be a great way to not only get studio information into my clients hands, but also to provide motivational and educational tips and articles to my families.  This has also been a wonderful tool to promote the benefits of music education. 

Our team at Studio Helper is continuing to work hard to make Studio Helper even better. Here is a list of the updates we released in July, 2011. If you have ideas for how we can improve Studio Helper, please let us know on our Feedback page, or vote for ideas that have already been submitted. Thank you and have a great day! The Lessons Taught...

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