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.
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.
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.
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.
Omnichannel selling is not just for the big guys. Here’s how one local dance retailer interweaves three sales channels—in-store, pop-ups and e-commerce—to move her fledgling business forward.
The harsh reality of the real estate market in certain urban centers can limit the growth of dance schools at just the time when customer demand is at its highest. Here’s how one popular Brooklyn community dance center found a solution.
That’s because this “lean” planning method is a no-fuss tool you’ll want to use to make sure your dance business can adapt and thrive.
Selling your dance store could be your ticket to moving to a new town, starting a different business—or transitioning to a comfortable retirement. Here’s what you should do now to make sure that exit strategy is open to you.
Start this 5-step disaster preparedness plan today so you’re ready should a disaster strike—whether it’s a hurricane or a leak from a burst pipe in the space above your studio or store.
With talk of a possible recession in the air, it pays to bolster your business now. Not only will it help you weather a downturn, you’ll be positioned to take advantage of opportunities when the economy improves.