LET'S TALK MONEY

FIRE Element is all about the energy exchange of receiving money for the services you are providing!

This goes into:

• Budgeting
• Finances
• Cash Money!

How much can you make with a studio and how much does it cost?

This section should help show you exactly that!

Because there are so many variables, there is not one answer to give. Starting out I was happy to be able to make an extra $500 to pay myself for doing something I loved.

Every month and every year, this number grew and I was paying myself a comfortable full time salary consistently and with less work from me.

This didn't happen over night!

Essentially our goal is:

Minimize EXPENSES and Maximize INCOME

Your Income Calculator Template and Budget & Expense Template will help you understand what those EXPENSES are, and how to calculate projected INCOME.

Watch the video below where I explain the importance of understanding the FIRE Element of your business and figuring out a way that works for you in keeping track of your money!

**Since the business world is constantly changing with subscriptions, software, and tools available to studio owners, it is natural for certain expenses to change year to year. Please note, that for your time starting your business there will be different options and pricing than you see in the examples and templates in this course. The budget and income tools in this section will make sure you get the CONCEPT and elements you will need to have a realistic view of what you are looking at financially in regards to the studio you are planning regardless of changes in the industry of options to run your business with!**