![Tools for Financial Freedom in Your Music School (w. Alyssa O’ Toole) [7FMS Ep. #114]](https://growyourmusicstudio.com/wp-content/uploads/2024/04/Ep.-109-thumb-1080x675.png)
by Daniel Patterson | Apr 3, 2024 | Blog, Financial
In this week’s episode, we invited Alyssa back to talk about one of her favorite topics… Money, debt, financial tools, and why business owners tend to avoid these topics. Alyssa opens up and shares her story… At times scary… and at times HEROIC… About how she...
![How to Predict Your School’s Results a Year in Advance [7FMS Ep. #52]](https://growyourmusicstudio.com/wp-content/uploads/2022/12/Ep.-52-thumb-1080x675.jpg)
by Daniel Patterson | Dec 7, 2022 | Blog, Financial
What if you could predict next year’s results now? How many new students you’ll get, what your expenses will be… even how much revenue your school will make! In the final 7-Figure Music School episode of 2022… we talk about how Nate has been predicting his...
![What % of Tuition Should Teachers Keep? [7FMS Ep. #49]](https://growyourmusicstudio.com/wp-content/uploads/2022/11/Ep.-49-thumb-1-1080x675.jpg)
by Daniel Patterson | Nov 16, 2022 | Blog, Financial
What percentage of lesson fees should your teaching team keep? Or – an even better question – should you pay them a percentage… or an hourly rate? What about benefits? Should you pay teachers to attend meetings and training? It turns out that the...
![Successfully Delegate Your School’s Finances [7FMS Ep. #44]](https://growyourmusicstudio.com/wp-content/uploads/2022/10/Ep.-44-thumb-1080x675.jpg)
by Daniel Patterson | Oct 12, 2022 | Blog, Financial
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...
![Remaining Rational During Tough Economic Times [7FMS Ep. #27]](https://growyourmusicstudio.com/wp-content/uploads/2022/05/Ep.-27-thumb-1080x675.jpg)
by Daniel Patterson | May 18, 2022 | Blog, Financial
Many say a recession is coming… And we are currently living in inflationary times. How should a music school owner respond? In this episode, we examine how to remain rational and calm in an economic downturn… as well as how to make “numbers” based decisions to...
![Money, Measurement, and Preventing Burnout [7FMS Ep. #16]](https://growyourmusicstudio.com/wp-content/uploads/2022/03/Ep.-16-thumb-1080x675.jpg)
by Daniel Patterson | Mar 2, 2022 | Blog, Financial
What does it mean for a music studio owner to “get control” of their finances or become financially fluent? How do you forecast for future growth? What the heck should we be measuring in our studios anyway? Financial control is more than keeping track of your...
