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One of the major challenges that many studios face is dealing with finances. This doesnt necessarily mean just paying the bills, but knowing exactly how much money you made each month. Not just that you have money in the bank, but knowing what your expenses were and how much profit you made.

Perhaps you do this already, using QuickBooks (or something like it), and every transaction is entered, categorized and reconciled. At the end of the month you generate a profit and loss statement and examine your expenses and revenue to determine where you made money and where you lost money.

If you dont do this, you might wonder, Why should I care, as long as Im making money? Good question.

The goal is to determine where you really make money, and where you dont. then, do more of whatever you do that makes money, as well as change or eliminate the things that dont make money.

For example, do you know exactly how much you made from classes this month as opposed to last month? Maybe youve done some advertising these numbers will tell you if it was worth it or not.

For example, suppose you find that for the past 6 months, you average of $5,000 from selling memberships per month, after paying instructors. then, one month you spend $1,000 to do some radio advertising. At the end of this month, you again look at your profit and loss statement and see that you made $7,500. You made an extra $2,500, but the advertising cost $1,000, so in reality, your increase in profit from radio advertising was only $1,500. This tells you that it is worthwhile to use radio ads.

On the other hand, lets say you only made $5,800 on memberships that month. On the surface it appears you made and extra $800, but after taking into account that you spent an extra $1,000 on the radio ad, you really made $200 less than you had previously averaged.

Your conclusion would be that this type of radio advertising was not a good way to make more money. Yes, you did get more students from the radio ad, but not enough to offset the cost of the ad.

Think of it like a runner timing herself each time she practices the 100-yard dash. The stopwatch will tell her exactly how she did today compared to yesterday or last week. Maybe shes trying to decide if eating before running makes her faster, slower or has no effect. Without the stopwatch, she could feel like she was faster or slower, but not really know for sure.

The same is true for business. When we dont accurately measure profits and expenses, we end up like the runner who says Boy, I felt fast today! Sure, you probably have a good intuitive sense of how the studio is doing. And knowing the exact numbers will allow you to take your studio to a new level.

Doing this kind of analysis of profits can help you earn more and stress less. So often a studio will try the Advertising strategy of the month, randomly trying things to bring in more business, but never really knowing if they earned more money from it.

As you get more experienced with doing this (its actually not hard once you get used to it), youll be able to focus on those things that make money, and change or eliminate those that dont. And remember, as the one who is in charge of running the studio, no one cares more about the bottom line than you do.

I work with many people on this very idea: How to figure out where you are making money and losing money so that you can make your studio more profitable. If you have a questions you would like me to address about this, please email me at coach@CenteredBusiness.com, and I will try to address it in a future newsletter.

Coach Al Lipper
Business Coach for yoga Studios
destiny: Success
Website: http://www.CenteredBusiness.com
Email: coach@centeredbusiness.com
Telephone: (805) 544-3938

Coach Al Lipper of 'Destiny: Success' helps yoga studio business owners smoothly run and grow their yoga studio. He helps stressed and overwhelmed yoga studio business owners who spend most their time wrapped up in daily business tasks, who can't handle any more clients, or who can't make any more money out of the business. Coach Al helps clients find new yoga business strategies which result in generating more clients, increased profits, and more free time for the yoga studio owner. The amount invested was small compared to the results. Contact him today to discuss your yoga studio challenges at (805) 544-3938 or visit http://www.CenteredBusiness.com

teenage is the most exciting part of our life as it brings with itself new changes and a new outlook of life. However, for some it is the most stressful stage of their lives as it brings some of the physical changes too. teenage is the stage which brings with itself puberty. Puberty is the phase of a biological cycle which every human being undergoes. During this stage, teen eating disorders are commonly detected in the teenagers.

Puberty is the biological maturation period under which can be defined as awakening of the teenagers about their sexual identity. At such a stage teenagers grow conscious about their body and as well as their physical structure. teen eating disorders are mainly because of this conscious awakening. Youngsters who are plum and heavy feel depressed and dejected as they find themselves less attractive then others of their age due to which they try out different ways to reduce their weight. teen eating disorders are one of the origins of such a weight loss obsessions.

The most common fear among teenagers is that the weight they have in their puberty stage will continue whole through their life, and so they desperately try to bring their weight down. Gaining approval of friends and pals also becomes important for teenagers as they become more sensitive to the world outside them and the reaction of people in the society becomes essential important for them.

Family might also have its influence on teenagers eating habits. If there is extreme family pressure related to their academic performance and other matters then also it is possible that there is loss of appetite. loss appetite can also be because of teenagers wanting to gain control over their emotions. Missing meals and not eating becomes a part of their punishment regime which they think is a kind of punitive they need to undergo to make for poor performance.

Sometimes, family problems also become a major cause for such an emotional imbalance which might lead them to skip meals as they no other outlet for their frustration. most common cases have been found when parents are fighting for separation.

teen eating disorders is of two kinds, one in which person tends to starve himself by not eating and the other one in which the person eats uncontrollably. The one that symptoms loss of appetite is called anorexia whereas one that accounts of overeating is called bulimia.

anorexia is the eating disorders in which there are also some special cases where the person tends to eat usually as they do but since he/she is conscious about his/her weight so induce vomiting to bring it out.

teen eating disorders are not ailments but actually they are mental disorders which need psychological assistance. If your child is suffering from eating disorder try to get to the root cause as this will only decide the cure.

Francisco Segura owns and operates http://www.eatingdisorderadvise.com - Eating Disorder