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Pictured:Dana’s Studio ofDance in Southlake, Texas


Seeds ofWisdom In today’s economic climate studio owners say itwould bewise to think long and hard beforemaking the decision to expand. “If you are experiencing good enrollment andmaking your budgetwork, I wouldwait until there ismore recovery fromthe recession before taking on any additional debt,”Brenna says. “If you are ‘busting at the seams’ and turning away a significant number of students then you should probably look seriously at expansion,” she adds.Bailey’s advice to those considering expansion, “If you are in the position to do it, it is always great to expand your product.However, youmust keep inmind that you do notwant to overload your plate, so you can still provide quality to your clients.”Murphy adds, “Make sure to be confident and perfect your product andwhat you offer.And, be conservative in your negotiations. The point is to get into a new spotwith as little overhead as possible.”


KatieDravenstott is a freelancewriter and dance teacher. If you have a busi- ness concern or story idea, please e-mail her at katie.dravenstott@gmail.com.


DANCE!NORTHTEXAS


a publication of the dance council of north texas


vol. 14 •


no. 2


www.thedancecouncil.org


may 2011


page 19


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