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Business

How The PHIT Act Could Increase Your Business

How The PHIT Act Could Increase Your Business

08 February 2017
Have You Heard About The PHIT Act? Currently, there is legislation in Congress that would allow Americans to use Pre-Tax Medical Accounts to pay for certain physical activity related expenses. This would include your students being able to write off their training on their taxes. So, What Exactly...
Steve Sohn’s Insights Into School Growth

Steve Sohn’s Insights Into School Growth

By Ananya Bhattacharyya

09 November 2016
Master Steve Sohn, owner of Steve Sohn’s Krav Maga Training Center, explores what it takes to develop a successful school. School Size While owners of growing schools may admire and even envy owners with larger schools, Steve Sohn makes an interesting point. Small and medium school owners...
Setting a School Culture Meant for Success

Setting a School Culture Meant for Success

02 February 2017
                    Wassim Khechen is the owner of Master Khechen's Martial Arts Academy in the Buffalo, NY area. Master Khechen has opened four martial arts schools with booming success. The success of his four schools is largely due to...
EFC Founder Nicholas Cokinos came up with a strategy “5/15.”

EFC Founder Nicholas Cokinos came up with a strategy “5/15.”

By Ananya Bhattacharyya

25 October 2016
      Nicholas Cokinos 5/15 Many years ago, EFC Chairman Nicholas Cokinos came up with “5/15,” a strategy that could help business owners increase enrollments. “On the 15th of every month, schedule at least five promotional ideas that you will implement over the next...
Retention Tools: Before & After

Retention Tools: Before & After

An Idea From CDR Ned Muffley

26 January 2017
When a new student enrolls into your program, what is the very first thing you do? CDR Ned has a suggestion that will impress you.  Start by keeping a detailed chart of all your new students. On the chart, you will keep statistics of each student’s beginning athletic abilities by...
Forming Relationships With Local Schools Can Be Mutually Beneficial: Part 1

Forming Relationships With Local Schools Can Be Mutually Beneficial: Part 1

A Conversation With Bill Taylor

06 October 2016
               Bill TaylorBill Taylor, the immensely successful owner of Bill Taylor’s Bushido School of Karate, says that strong relationships with local elementary and middle schools have made a huge difference to his school. Here are some of his...
Thoughts On Opening A Second Location

Thoughts On Opening A Second Location

By Al Bartlinski, CPA, CGMA

12 January 2017
Al BartlinskiOpening a second location for any business can be a great opportunity for owners to build personal wealth while providing a career path for key employees. As in starting a business, careful research, analysis, and planning are essential to enhance the likelihood of a successful...
Parental Involvement Leads To Retention

Parental Involvement Leads To Retention

Prof. Garland Johnson’s Strategy

06 October 2016
      Garland Johnsonhis is part of a handout that Prof. Garland Johnson distributes to parents of students. Note how this handout allows him to clarify that the school expects parents to be deeply involved in their martial arts training, which, in turn, strengthens retention....
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