Do you ever feel like you don’t have any CONTROL over your teaching business? Almost like your driving down the highway with your EYES CLOSED…HOPING you’re heading where you want to go?
Well, you don’t have to WONDER and GUESS any more! Tracking a few key BUSINESS METRICS for your teaching business will help you feel more IN CONTROL and CONFIDENT about how your business is doing. This is the stuff that real business owners understand and practice, and it doesn’t have to be complicated or confusing…in fact, there are really only 4 KEY METRICS you need to worry about at first.
In this episode, I’ll tell you what the 4 key business metrics you need to track are all about. I’ll tell you how to COMPUTE them, where to find your DATA and how to INTERPRET it so that you can spot trends in your teaching business…both positive and negative. I’ll even throw in a FREE EXCEL SPREADSHEET that’s already set up to track these metrics…you just enter your own numbers and the spreadsheet will do all the heavy lifting for you. It’s time to start taking control of your teaching business and driving it where you want to go…using metrics will give you the DASHBOARD you need to get there!
This PREMIUM episode of the Start Teaching Guitar Podcast is available exclusively for STG All-Access members!
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Items Mentioned In This Episode:
Software – QuickBooks
Software – Music Teacher’s Helper
Software – Aweber