One of the best decisions I ever made was to systematize and automate my music studio-to write out a simple set of instructions. Instructions to tell my business what to do, when to do it and how to do it. My business turned into an efficient machine and customers were quick to notice the changes that were taking place.My stress levels plummeted and sales skyrocketed. I sold my studio in march of this year. I was able to increase the value of my business because of the systems I had in place. I was able to hand over to the buyer a detailed operations manual and say ‘this is how we do what do’ call me if you have any questions.
WANT TO SELL YOUR MUSIC STUDIO?
Someday you might want to sell your studio, hand it over to your children to run, just decide you want to retire to Florida for a little bingo on the beach while drawing a salary from your school. These all probably sound like desirable outcomes assuming all goes well. Having your systems in place and well documented well make this go smoothly.
AN AMAZING INSURANCE POLICY
Life and business can also be turbulent. We all have to prepare ourselves for the unexpected or even the unimaginable. What if G-d forbid something happens to you that prevents you from working in your business. Without an operations manual your business would fall apart. Your family and friends would try to make sense of your studio and in the end it would most likely fall apart without a set of instructions saying what to do, how to do it, when to do it. What if your business was able to keep running without you. To still generate revenue for your family. Talk about an amazing insurance policy.
