Karen Levitz Vactor

Starting and Running Your Own Martial Arts School


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Work with Your Employee 139 CHAPTER ELEVEN: KEEP TRACK OF YOUR STUDENTS 142 Set Up Student Files 142 Track Student Attendance 143 A Manual Tracking System 144 A Computerized Tracking System 144 Take In Student Payments 147 Set Up Payment Policies 147 Collect Payments Efficiently 148 Track Student Payments 150 CHAPTER TWELVE: KEEP TRACK OF YOUR MONEY 155 Balance Your Daily Receipts 156 Petty Cash 156 Daily Balance Sheet 157 Collect Your Debts 158 Track Accounts Payable 158 Receipts Files 159 Checking Account Register 160 Manage Your Finances 161 Financial Journal 161 Profit and Loss Statement 165 Balance Sheet 167 Learn to Keep Your Own Books 169 CHAPTER THIRTEEN: KEEP THEM COMING BACK FOR MORE 171 Keep Your Regular Students 171 Keep Them Interested 173 Motivation 173 Children 174 Parents 175 Innovation 175 Consistency 176 Keep Them Playing 177 Keep Them Working 177 Keep Them Loyal 178 Listen Well 178 Praise Well 179 Correct Well 179 Communicate Well 181 Keep Them Successful 183 Build Self-Esteem 183 Transcend Failure 184 Set Goals 184 Motivational Awards and Programs 185 Keep Them a Part of the Group 187 Nip Discipline Problems in the Bud 187 Stay above Student Society 189 Make Contact 189 Make the Tough Choices 190 Build Community 190 Keep Them Safe 194 Keep Them Charged Up 195 Keep Yourself Charged Up 197 Keep Them Paying 197 Keep Your New Students 199 Win Them Back 201 Welcome Them Back 202 CHAPTER FOURTEEN: RETAILING: CREATE A SUCCESSFUL PRO SHOP 203 Do You Want to Have a Retail Area? 203 The Challenges