If you hire employees, workers compensation insurance may be a legal requirement in your state.
The two main costs associated with a dance studio are the cost of a building and the cost of insurance.
A building requires a large investment of capital, and the building’s taxes and mortgage should be included in the total building costs.
It’s also useful to know how to handle basic maintenance tasks such as fixing broken lights, unclogging drains and repairing doors.
These skills can greatly reduce how much a dance studio has to spend on repair and service calls.