In this episode, we talk about pricing, profit, expenses, and roles that you need to make summer your MOST PROFITABLE quarter of the year.
If you already have a camp, or you want to begin one… this is a must-hear episode!
Here’s what we cover in the episode:
- Outlining the process for creating a profitable and sustainable camp business
- Setting a price – Comparing to other camps
- Setting a price – Building a member discount
- Building inventory – Deciding how many group classes & students you need
- Building inventory – Filling up your classes gradually
- Building inventory – Moving the pieces around to form your perfect camp
- Generating revenue – Adding extended days & early drop-off
- Generating revenue – Adding in-camp private lessons
- Analyzing your profit margins and the true cost of implementing a camp
- Analyzing expenses – Discovering your people-power expenses and hiring your camp team
- Analyzing expenses – Learning about all the extra costs you may not even think about
- Creating a simple, easy budget for your summer camp
- Target percentages for profitability in your summer camp
Not only that we talk at length about the roles for which you need to hire.
Click below to listen to the episode.