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Studio Owner Journey Quiz
Where are you in the studio ownership journey?
Take this quiz to find out!
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Step
1
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11
9%
1. How many years have you been a studio owner?
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A. 5 or less
B. 6–15
C. 16 or more
2. How involved are you in the daily operations of your studio?
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A. Not that involved. I mostly work on vision-casting for the business.
B. Somewhat involved. I have other employees who are well-equipped.
C. Very involved. I’m at the studio every day.
3. What kind of tasks does your studio automate?
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A. Only a few tasks are automated, such as online registration.
B. Some tasks are automated, such as online registration and recurring payments.
C. Many tasks are automated, such as online registration, recurring payments, client onboarding and communications.
4. How many employees do you have?
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A. 0–3
B. 4–10
C. 11 or more
5. How much do you want your studio to grow in enrollment?
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A. We have a lot of room to grow.
B. We have some room to grow.
C. We are very full and may need to expand.
6. How much do you want your studio to grow in revenue?
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A. We are not profitable yet, so we need to grow a lot.
B. We either break even or make a small profit, so we need to grow more.
C. We make a good profit and my employees and I make a good living, so we need to maintain our growth.
7. How clear are your mission, vision, and goals for the business?
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A. Somewhat clear. I should work on them.
B. Mostly clear. I could probably fine-tune them more.
C. Very clear. My team understands the path we’re on.
8. How would you describe your understanding of the studio’s finances?
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A. My understanding is just okay. It could be a lot better.
B. My understanding is pretty good, but I’d like to learn more.
C. My understanding is sound. I regularly use my budget, balance sheet, and P&L to make business decisions.
9. What do you consider as the biggest challenges with your team?
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A. Most things are challenging with them. Just getting them to show up and do good work is a challenge.
B. Some things are challenging with them, such as establishing clear expectations, follow-through, and accountability.
C. Few things are challenging with them. We occasionally run into conflict but not often.
10. How would you describe communication at your studio?
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A. It’s difficult to get clients and staff to read their messages and respond.
B. It’s okay but could be improved; we have a solid email system and project management but sometimes people slack off.
C. It’s very strong. We communicate clearly to clients and staff with very few, if any, misunderstandings.
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