grow-your-music-studio

Without delegation, your business won’t grow (I know it’s a cliche’, stick with me here).

One of the very first roles you should delegate (other than teaching) is actually around your school’s cash and finances.

No – I’m not talking about billing and invoicing.

I’m talking about bringing on someone who can be an advisor and a partner in your school’s financial bucket.

In this episode, we give practical tips in delegating the financial wing of your school…

We reveal what part of your school’s finances should be delegated and which can NEVER be delegated…

Common reasons why school owners avoid taking ownership of this part of their business…

How to overcome low margins and poor financial results…

And much much more.

If you want to get control of your finances and run a financially mature music school…

Click below to listen to the episode.

Or, check out the video version of the podcast:

Here’s what we cover in the episode:

• A crucial first hire you should make while scaling your studio – your “part-time CFO”
• How Nate’s first hire helped him save administrative time while working alone
• 5 things a money team can do at your music school
• Virtual vs. local accountants
• How an accountant can be an advisor & partner in your music school
• 10 common reasons why school owners avoid taking ownership of their financial wing
• What to analyze in your music school’s money matters – and what to do with the information you find
• Advanced concepts for school owners who already are financially fluent
• Bonus ideas for those who don’t yet have a bookkeeper

Do you have questions about the financial wing of your business?

Questions about how to analyze your school’s finances… and what to do with that information?

Reach out to us! We like helping school owners, so just click here to contact us.

Have a great week!

Very best,
Daniel and Nate

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