Just as important as tracking the money coming in, is tracking the money heading out the door. Even if you just have a few students and it’s just some sheet music here and a pencil case there, it all adds up.

In the template in module 2 of this course, we’ll look at a few key expense areas:

  • Fixed Expenses
  • Book Expenses
  • Ad Expenses
  • Printing Expenses

Once you get there, you can adjust these and add new ones if you like. But these 4 categories should get you started on making your guesstimate.

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