grow-your-music-studio

What would someone pay you to buy your music school?

In this practical episode, we invited Jeff Homer back on to the podcast.

Jeff is an expert in our industry… as he has bought 40+ music schools over the past five years.

In this episode, he gives a simple formula for calculating the value of your school.

Then, he takes the time to dig into that formula and show what could increase the value of your 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:

• Understanding your school’s earning power
• Factors influencing your school’s value
• Tools to measure retention in your school
• Instant strategies to increase school value and success
• Ensuring consistent year-on-year growth for your school
• Recognizing when you’re overvaluing your music school
• Key universal factors for music school success

I’ve talked to and coached many school owners over the years.

Many times I hear these owners say: “I just am not really great at the business part of owning the school. I feel disorganized and I don’t understand what steps I should take to make things better.”

If that resonates with you… you must listen to this episode!

Jeff gives a clinic on basic valuation and financial fluency principles that will change your perspective and (potentially) your school’s future.

If this episode is valuable to you, drop us a note, share with a friend, leave a review, or share on your social platform of choice!!!!

SPONSOR

This episode is sponsored by GroupLessons.com… The only group piano method in the world that allows students to enter a class or level up at any time. (No more scheduling headaches for you!). Visit GroupLessons.com to book a virtual or live demo and learn how we’ve helped hundreds of studios get parents on board with group piano lessons.

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