Monday, September 26, 2011

Semi-Bi-Annually-Sesquicentinial Business Update

I just posted about re-discovering this old blog. Now I want to give an update on the business.

We celebrated our 5th year in business this past Summer. We made it past the dreaded "BIG PERCENTAGE NUMBER of businesses fail within 5 years" pitfall. Have you seen stats on businesses that cease to exist between 5-10 years? Kinda scary too.

We own our Google rankings for our market, all organic search rankings, no paid ads.

We have competition, and are doing well.

We won two awards this year in a local "Best of Little Rock" poll for music studio and birthday party location.

We have 10 teachers, 1 employee, a instrument repair shops and my wife is in the process of leaving her part time job (kept for health benefits) to help run the business full time. (Now that's scary!)

We incorporated this year (self employment taxes ate our lunch for 2010) and hope to see tax benefits from that.

I still clean the bathrooms and am amazed how clean the women's room stays day after day while us filthy beasts (men) are able to destroy the bathroom day after day. (goal for 2012 - hire a cleaning service).

I still love what I do, play guitar a lot and am able to spend quality time with the family.

Life is good!

That's all I've got right now. Bounce a few ideas off me for articles and I'll see what I can do.

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