Studio Management
Setting Your Rates
Hello, I am a new Simply Music teacher. I am in the process of writing up my studio policy and setting fees. I am curious….do you have a different fee for private lessons versus shared lessons? I am starting out private at this point, until…
Lesson Rates and Size of Groups
Can any other teachers offer any thoughts for integrating shared lessons and how to structure pricing? First of all, I’m in a small studio in a music store so space is the biggest issue! I could accommodate two or three students at most! I currently…
Existing Students Tuition and Disclaimers
Is it standard policy for studios to only raise their prices for new students? I recently had a parent, who has been with me only a year, tell me that since she is a good paying source that I shouldn’t raise her rate. She came…
Are You Charging Enough For Your Lessons
I believe Neil has done a great job setting up the reasons for why you should charge more than the going rate. The psychology of paying more for something clearly says, “This is better.” But we all know this is better. On occasions, I have…
Scholarships Form
A few of you have asked about providing some type of scholarship to students. I thought I’d share what we have done in our studio and what we no longer do! First, we have been committed to making sure that at least 10% of our…
Holiday Pay
I’d like to know how many other teachers charge for holidays, especially this time of year with Christmas Eve and day and New Year’s Eve and day! Otherwise, unless students reschedule there’s a lot of lost income! Do most teachers charge for the month regardless…
When to Charge A Late Fee
I have a situation with a new student (second month) where I didn’t receive payment on time – I did get paid, but not until March 9th. I clearly stated to the parents that the fees were due by the first, and I even sent…
Late Fees
At least once in the past, and again today, I’ve had a student/parent complain about late fees and express doubt about their legality. The suggestions have been that perhaps the mere existence of such fees could be illegal, but otherwise perhaps the amount/percentage of the…
Family Discounts- How to Decide What to Charge
What would be your charge for three children from the same family in one group lesson? What would your discount be? This is how I charge, for having more than one student in a family. First student – Full price Second student – 10% discount…
Family Discounts- Multiple Student Families
Do any of you give discounts for the second, third, or fourth child from same family? I do give a discount for additional family members, although I know others will disagree with me on that. I just know that when my sister and I were…
