If you’ve been teaching guitar lessons for a while and you’ve reach a certain level of success, the question of moving into commercial teaching space is always in the back of your mind. If you’ve outgrown your home studio and it’s time to move up, should you RENT that new commercial space or should […]
STG 063 : How Using A Budget Can Save Your Teaching Business From Total Destruction
Hands down, the biggest reason why every kind of small business goes belly-up (including guitar teachers) is because of MONEY. Not staying on top of your income and expenses can get you into all kinds of trouble, including tax problems, not being able to pay your bills and not being able to keep your […]
STG 053 : Accounting Basics For Guitar Teachers
Accounting and bookkeeping for your teaching business doesn’t have to be BORING or OVERWHELMING! It can actually be a valuable tool to help you grow and manage your business more effectively. In this episode, I’ll explain 5 key accounting concepts you need to understand to be able to speak your accountant’s “language”, 3 key financial […]
STG 033 : Protecting Your Teaching Business With An LLC
In this episode, I’ll tell you all about LLC’s and other business entities you could use to protect your guitar teaching business from lawsuits and excessive taxes. There are TONS of benefits you can get by using a formal business entity to operate your teaching business, and also TONS of problems you can face by […]
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donp: We\'ll don\'t fool yourself! Take this from a Meta...
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