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Tag: managing change

Managing a Dance BusinessPosted onMarch 26, 2020May 7, 2020

Stay Strong: A Letter From the Editors

We want you to know that we are here for you. We’ll do our best to be a support in the weeks and months to come—bringing you news and business ideas you can use, links to business relief resources, and yes, inspiration and ideas from your fellow dance retailers and studio owners, on how to move forward.

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Owning a Dance StudioPosted onMarch 18, 2020April 15, 2020

COVID-19 Update: Action Dance Studio Owners Can Take Now

On March 17, longtime studio owner Misty Lown hosted a virtual gathering of more than 130 dance industry leaders to discuss COVID-19: State of the Industry. Here are six takeaways from the presentation.

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Dance RetailersPosted onMarch 11, 2020April 15, 2020

Time to Clean Up!

Dance retailers know that cleanliness is a key tactic in their visual merchandising strategy, but with the disquieting spread of coronavirus, it’s also an essential ingredient to keep your staff and customers healthy.

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Managing a Dance BusinessPosted onFebruary 12, 2020April 15, 2020

How You Talk About Change (and to Whom) Can Make or Break Your Dance Business

Change is unavoidable in today’s business environment. Sometimes you initiate the changes; sometimes they’re beyond your control. But one thing you can successfully manage is the way you communicate about them. Arts consultant David Gray tells what he’s learned from experience about managing the message.

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Small-Business News & TipsPosted onJanuary 15, 2020April 15, 2020

8 Numbers That Tell You How Well Your Dance Retail Business Is Really Doing

Customers keep coming through the doors, and you’re continually reordering pointe shoes and leotards. Does that mean your business is profitable? That you’re growing? These eight key financial numbers will tell you how you’re really doing.

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Owning a Dance StudioPosted onJanuary 15, 2020April 15, 2020

How’s Your Dance Studio Really Doing? These Numbers Tell the Story

Use these “key performance indicators” to get the financial details on how your dance studio business is doing—and where you could make improvements.

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Small-Business News & TipsPosted onJanuary 1, 2020May 26, 2020

When You Need to Get Out of Your Dance Business Lease

There are many good reasons that might trigger a decision to move your dance business. If you need to get out of a lease early, consider these options.

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Owning a Dance StudioPosted onDecember 16, 2019April 15, 2020

Exit Strategy: Handing Off the Nonprofit Dance Studio You Founded

Start well in advance, because not only will you be seeking new executive leadership, you’ll want to lay the groundwork for them to be successful. Here’s how Dance Place in Washington, DC, did it.

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Owning a Dance StudioPosted onNovember 20, 2019April 15, 2020

Exit Strategy: Two Dance Studio Owners Sell Their Businesses

Whatever second (or third) act you’re ready to embark on, your legacy and financial security will be affected by the successor you choose—and the deal you make. Here’s how two dance studio owners navigated the passage.

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Owning a Dance StudioPosted onNovember 13, 2019April 15, 2020

6 Do’s and Don’ts for Selling Your Dance Studio

Don’t keep your studio’s financial information solely in your head—or worse, a secret. That’s just one of the pieces of good advice this former studio owner and a business broker have to offer.

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