In this episode of the Dance Principles United Podcast,we tackle a common challenge for studio owners: the January cash flow blues.

We share our personal life updates, including a recent trip to the Showcase National Dance Championships, before diving into practical tips to help studio owners manage cash flow more effectively.

We discuss the importance of knowing your class numbers and avoiding overstaffing to save on unnecessary expenses. We also highlight the significance of proactive financial planning, particularly for taxes, and recommend the book Profit First by Mike Michalowicz as a game-changer for managing cash flow and profitability.

Tune in to learn how to set your studio up for financial success and avoid the cash flow crunch next January!

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