Episode Details
Back to EpisodesThe Four Stages Every Studio Must Pass Through: The Wonder Stage, Opening {or Reinventing} Your Studio for Max Profitability, and Peace of Mind
Episode 201
Published 8 years, 2 months ago
Description
In this episode you'll learn:
- What is the "wonder phase"
- How to get your baseline operation costs right - from the beginning
- What is a pro forma and how to use it effectively
- The power of an average client monthly value and how you can use that to calculate a profitable business
- What to look out for when negotiating real estate
- Why you should have your sales and marketing systems ready before you even open your doors