July 2021

Dance Matters!

Financial Issues for Dance Schools” was a Dance Matters! presentation for Dance Business Lab. It was based on four topics chosen in advance by those attending and structured in 20-minute segments, including 5 minutes for Q&A:

 

  • Business structures – Sole trader or limited company

  • Liability to VAT - and how to approach it

  • Business expenses - allowable and disallowable

  • Engaging freelancers – terms of engagement

 

On completion, the presentation provided attendees with:

 

  • An understanding of the business structures available

  • An exploration of the advantages, disadvantages and differences between Sole Trader and a limited Company

  • An introduction to VAT, its applicability and exemptions available

  • An understanding of the financial terminology in accounts preparation

  • An awareness of some of the contractual issues when engaging freelancers

 

Dance Business Lab is a business owned and operated by Deborah Laws FISTD, an NLP Certified Practitioner, a multi-passionate dancepreneur, dance business expert, and No 1 bestselling author of The Ultimate Dance Business Planner.

Dance Business Lab offers training, business tips, recommendations and guidance for dance businesses who wish to benefit from Deborah’s knowledge. 

 

Her private Business Lab Community group on Facebook provides a forum for dance business owners to support and share their knowledge with other likeminded professionals.