The longer a balance is left unpaid the harder it is to collect, especially when a student has been allowed to participate in classes or competitions past your stated policy for accounts overdue. Our personal connection to our dance families can make these type of conversations uncomfortable however, learning to run a business and holding people accountable financially is important for the future success of your studio. In this podcast get tips on how to properly charge fees to cover the cost of competition events as well as how to be pro-active in your payment collection with Suzanne Blake Gerety.