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Will You Add? - Improving Your Studio's Business Through Serving Your Community
Your people are invaluable to you. They are the lifeblood of your business or organisation. And yet, in many situations, managers take little time to truly find out what makes each of their people special. Makes them unique.But why would this be important to know?When people bring their special blend of skills to your workplace, it’s important to know about it. And not just because you might be able to get more out of them. When you know what turns your people on, they work happier and contribute more; sometimes, much more than you might expect from them. When they are working in their ‘flow’, they are on top form, in overdrive. And then remarkable results flow.So, how do you find out what your people are best at, and also where they struggle?Many organisations now use a variety of techniques to get to the bottom of who their employees truly
Whether you rent the space for your studio, or pay a mortgage, the space is y
When we were young children, our parents were the most powerful figures in the universe.When a parent talked, we listened. Or at least we were supposed to.Parents are a bridge between generations. Parents are supposed to hand down valuable teachings and cultural guidance.Unfortunately, most parents don’t teach their children the language of business. Most parents don’t even know about the “Language of Success.”How could they know? Their parents didn’t teach them, and it certainly isn’t taught in our schools.When it comes to effective communication, the training our parents were equipped to give us may have actually put up a roadblock to business success.Let me explain.There are three rules of communication that we were taught by our parents. In any language, these three rules contain the same cultural message. They are intended to keep a chil
At the same time, you need to earn enough to pay the bills and hopefully make a reasonable living, because if you don't, you won't be able to stay in business. And if you can't keep your business open, then how many people will you serve?
A critical part of the business of yoga is about doing what we do in a way that people are glad to pay for what they receive – no tricks or deception. Just honestly providing something that give people real value.
This month, we'll focus on making passive income from your studio. How would you like to increase your studio's revenue by $2,000 or more each month while helping people at the same time?
Passive income is money that you earn by essentially not directly working for it yourself, but instead using some other resource you have, like your studio space, that people will pay for. The people you serve will be grateful for your assistance, and you will earn extra income – it's totally a win-win arrangement.
If this sounds good to you, read on…
Improving Your Studio's Business Through Serving Your Community
Running a studio is hard work. Lots of it. For most studio owners and directors, it's largely a labor of love – or at the very least, that's why they started doing what they do. For some studio owners, cash flow can be an ongoing problem, (though for others, it's just nice to have an additional stream of revenue). Can you relate to this?
Whether you rent the space for your studio, or pay a mortgage, the space is y
Customer service is a component of every business whether your business is a small retail shop, a personal service company, a manufacturer or a non-profit organization.Customer service encompasses any type of contact with your customers - telephone, fax, Internet, face to face, walk-ins, appointments, written communications, verbal communications, advertising and your employees.Even your company policy affects customer satisfaction – exchanges, returns, payment options, fees, hours of operation, organizational structure and rules that can frustrate customers.Some factors affecting customer satisfaction are not so obvious:Is your business environment safe for your customers?Is your business clean and inviting (inside and outside, including the parking lot)?Is there enough parking? Is it free?Do you have enough product on hand to meet your cus
A critical part of the business of yoga is about doing what we do in a way that people are glad to pay for what they receive – no tricks or deception. Just honestly providing something that give people real value.
This month, we'll focus on making passive income from your studio. How would you like to increase your studio's revenue by $2,000 or more each month while helping people at the same time?
Passive income is money that you earn by essentially not directly working for it yourself, but instead using some other resource you have, like your studio space, that people will pay for. The people you serve will be grateful for your assistance, and you will earn extra income – it's totally a win-win arrangement.
If this sounds good to you, read on…
Improving Your Studio's Business Through Serving Your Community
Running a studio is hard work. Lots of it. For most studio owners and directors, it's largely a labor of love – or at the very least, that's why they started doing what they do. For some studio owners, cash flow can be an ongoing problem, (though for others, it's just nice to have an additional stream of revenue). Can you relate to this?
Whether you rent the space for your studio, or pay a mortgage, the space is y
There are three basic types of logos: text, symbol, and combination logos. The type of logo that will work best for your company depends on a number of considerations, such as the size of your company, the uniqueness of your name, and a variety of other factors.Text logoA text logo (also sometimes called a logotype or word mark) is a logo largely made up of the text of the company’s name. This type of logo can have some graphic elements – lines, boxes, borders – that interact with, surround, or even form the letters. However, the graphic elements should be used as an accent to the text, not as a major or equally-weighted part of the logo.A text logo works well when:• You have a multi-word business name. If your business name is made up of many words, that are not commonly or easily abbreviated, or when an abbreviation may not be appropriate developing a text logo
Passive income is money that you earn by essentially not directly working for it yourself, but instead using some other resource you have, like your studio space, that people will pay for. The people you serve will be grateful for your assistance, and you will earn extra income – it's totally a win-win arrangement.
If this sounds good to you, read on…
Improving Your Studio's Business Through Serving Your Community
Running a studio is hard work. Lots of it. For most studio owners and directors, it's largely a labor of love – or at the very least, that's why they started doing what they do. For some studio owners, cash flow can be an ongoing problem, (though for others, it's just nice to have an additional stream of revenue). Can you relate to this?
Whether you rent the space for your studio, or pay a mortgage, the space is y
While it is very common to see home-based businesses promoted throughout the internet, most of us are aware of the fact that many if not most of those opportunities are either bogus or far too difficult to capitalize on. Count me in as a skeptic when I found a website touting my ability to start my own home-based photography business. I love my digital camera, but I did not want to take photographs at weddings or parties, as I had already seen numerous opportunities like those cross my desk. Luckily for me, I read long enough to see just how different and incredible this offer was, and I hope you finish reading this article because I can guarantee you will be as amazed as I still am.
If you have reliable transportation, a phone or cell phone, internet access on your computer, and a digital camera, you can become part of a growing industry that few of us even knew existed. You w
If this sounds good to you, read on…
Improving Your Studio's Business Through Serving Your Community
Running a studio is hard work. Lots of it. For most studio owners and directors, it's largely a labor of love – or at the very least, that's why they started doing what they do. For some studio owners, cash flow can be an ongoing problem, (though for others, it's just nice to have an additional stream of revenue). Can you relate to this?
Whether you rent the space for your studio, or pay a mortgage, the space is y
Christmas parties are a great time to get everyone together, and have a great time, imbibing massive amount of liquor, destroying piles of food, and dancing enough to kick up a storm. When it comes to setting the party up, there is the debate of whether to let the guests sit down and be served, or to give them a buffet line.Each has its pluses and minuses. The buffet allows people to serve themselves and decide what they want with little waste on their plates. They can decide their portions, and how much they wish to eat. Also, set up can be as little (just put plates and silverware in a central location), or as much (with full setting) as you like. Drinks are also debatable, as you can have a central location, wait staff to serve drinks, or just have drinks available on the table. A good compromise, especially if you are serving champagne, is to have drinks available at a central lo
Whether you rent the space for your studio, or pay a mortgage, the space is yours 24 hours a day. Even if you only use it for 6 of them, you still pay for the remaining 18 hours. An excellent way for studios to earn reliable passive income is to rent out as much of the space as possible when you're not using it.
Consider a studio that has two spaces they can rent out, a smaller one for $10 per hour and a larger one for $15 per hour ($25/hr. total). If they find people to rent these spaces for just 3 hours each day, 6 days a week (72 hours/month) that's an extra $1800 per month of income for virtually no extra work.
What's more, this is usually dependable income that doesn't change month to month (if you pick the right kind of renters). Now consider that it's often possible to rent for far more than just 3 hours per day, and many studios have spaces that will rent for more than $25/hr. It's quite reasonable for a studio to earn an extra $3,000 to $5,000 per month in passive income this way. So, how do you do it?
The key is to pick the right renters (see “Do's and Don'ts” list below). Some studio owners have horror stories about how they rented their space out to someone who never paid their rent, or who had a rock band practice there and the neighbors called the police about noise…Forget about all that – we're going to get you good renters. There are usually two types of space a studio has available. One is the yoga class area,
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