Today's Top TipOnline business plan scams are alive and doing very well. There's even a new wrinkle: the "crowd funding". Trust me, no one makes money but the promoters in this scheme.
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Well, lots and lots of them, from professional dance schools to ballet instructors to hip hop dance teams.
Nobody is going to question that you know your craft, whether that is tango or tae kwan do. Your expertise is a given. Show off your awards within the context of "this is how I will attract clients", but don't expect it to impress your lender much.
There are other, far more important things that your lender will want to see in your dance studio business plan, such as
FULL DEMOGRAPHIC INFORMATION
You may believe that there are sufficient potential clients to operate your business profitably. After all, you love what you do and expect that others will too. What is harder is proving that the client base exists. To find your client base, you will likely need to get a bit creative. For example,
Really strut your business savvy by having a Plan B ready, just in case something goes wrong along the way, and maybe even a Plan C. Few entrepreneurs do this, and most should.
SUCCESS BREEDS SUCCESS
If you've operated a successful studio before, don't be shy about it. Show how you overcame obstacles and made it a success. Demonstrate how you will build on that success now to make it an even bigger success.
In fact, brag a bit about all the entrepreneurial success you have enjoyed. Having had successful businesses in other areas will definitely help you here.
And if there have been no successes anywhere? Well, you are likely to have a tough time.
OK. Your ducks are in a row. Now what? Well, grab a copy of the 7 Step Dance Studio Business Plan and start pulling it all together.
Your dance studio business plan will catapult your funding efforts and will be unique, reflecting your very own style. So here they are ... all three components that you need to create a great mail order business plan for your business.
| Your workbook.
| Your business plan template,
In the midst of planning your dance studio business, the promotion, the products, the staffing, the build out ... in the midst of all of that comes your financing.
Your dance studio business plan will come together quickly with all the resources that we have included.
I wish we could sit at your elbow and help each and every one of
you create a great dance studio business plan. But
since that isn't possible, this is a pretty darn good option.
You are unique, and if that is not fulfilled, then
something been lost.
MARTHA GRAHAM, Premier Dancer to the World
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