STUDIONOMICS

Episode 6: To Royalty or Not To Royalty

Keeping a studio running during a global pandemic whilst creating and managing a virtual business is by no means an easy feat! In addition, instructors are not necessarily aware of everything going on behind the scenes. As a studio owner, you must stay in control and bridge the disconnected perspective between yourself and your instructors. In this episode, we talk all about the ways in which you can take control and ensure that everyone is happy, by focusing on a unique angle of the virtual model: whether or not you should be paying royalties to your staff, and if so, what that could look like.

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