![]() ![]() This data shows that a large number of students isn’t required to justify the value and return from using software to manage your business. The results from TutuTix’s 2021 Dance Studio Management Software Survey reveal interesting data regarding the cost of management software in comparison to the revenue generated by student fees and tuition.Īccording to the survey’s responses, over half of dance studios charge monthly fees in the range of $61-100 per student while almost half of dance studios pay less than $80 per month for their studio management software. Creating new revenue streams like selling gift cards for studio merch, live-streaming classes, or hosting special events like master classes, guest teachers, and parents’ night out.Reporting made easy with an at-a-glance dashboard and full reporting suite that includes must-have enrollment and financial reports.Implementing an automated billing process to minimize late payments while maximizing monthly revenue collected on time.Setting up a parent portal or custom mobile app for families to manage student and parent information, pay fees, enroll in classes, schedule future absences and makeups, etc.Partnering with comprehensive management software designed specifically for dance studios helps you automate the many non-creative management tasks, including You do need to manage your dance studio, however, you’ll get the highest return on your time when you spend it on tasks like choreography, networking in the community, and mentoring staff and students. Keeping the weight of manual tasks on your shoulders costs you in terms of time and energy that could be spent on the creative aspects of your studio. When you compare that to the time and effort saved with the features of dance studio management software, the outcome is hard to deny.Īs a business owner, your time is valuable. Moments like this should have you considering ‘is the free price tag worth the time, money, and sanity spent to save money on dance studio management software?’ Weigh the cost savingsĪs we’ve mentioned, there are plenty of hidden costs that come with free tools and software. Jumping from tab to tab or program to program will have you feeling dizzy in no time. With information in multiple places, you either end up with inconsistent data or you’ll spend extra time doing manual updates that could be avoided. Before you know it, you’re managing multiple spreadsheets – from payroll and expenses to revenue and family information. While you aren’t completely wrong, spreadsheets are basically the 2022 version of paper. After all, you’re using software instead of pen and paper, right? Your operations are small and manually entering registration and financial data into a spreadsheet feels quicker and like a better use of your time. When you’re getting started, it’s easy to just throw information into Excel or Google Sheets. ![]() Let’s look at a few things to consider when you are weighing the cost of free software systems vs. Both carry price tags (monetary and non-monetary) that add up quickly and can create additional challenges as you juggle all of the responsibilities that come with opening your dance studio. After all, free tools to manage your studio help you avoid one more expense.īut does it actually save you money? Or are you paying for a variety of hidden expenses when you rely on “freeware” to manage your studio?įree software that’s not specifically designed to manage a dance studio not only lacks industry-specific functionality but also requires a lot of time and manual input. The plethora of free online studio software options out there can seem like a blessing. Every new dance studio owner is looking for ways to keep operating costs down as they open their doors.
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