Episode 328: Rapid Fire: Retreats & Teacher Trainings

What We Cover In This Episode: How to determine whether you should host an outside teacher training as a simple space rental or take on the undertaking of building your own in house program [1:34] What to understand about strategic pricing for profitable retreats [5:08] Insights on protecting the studio from personal brand overlap and why a teacher growing their brand isn't a threat [8:54] Some of the big reasons that retreats and trainings can quickly create chaos and how leveraging support calls and standardized SOPs helps eliminate much of it [10:24]  Quotes:   "So a lot of this just comes down to intentionality. What do you personally want out of the retreat?" [Nick, 6:14] "Lack of structure is the threat. If the retreat is marketed under your studio name, there should be a written agreement outlining revenue share, liability, branding usage and data ownership." [Nick, 9:02] "This shouldn't be a one-and-done thing. This should be [that] you are expanding your revenue opportunities and this is intended to be once a year, twice a year, a recurring piece of your operations, which means there should be a standardized format." [Megan, 11:58]    LINKS:  Fitness Vacation Exchange Email Us Your Rapid Fire Question!  Book a Call with the fitDEGREE Team Learn More About All of Our Partners (Including LoopSpark & LezVU) and Get Exclusive Offers Visit the fitDEGREE Knowledge Base Send Megan Your Playlist or Discuss the Podcast Here!  fitDEGREE's Business Portal [email protected] https://www.instagram.com/fitdegree/ ​​https://www.instagram.com/fitspot_guru/  https://www.fitdegree.com/blog  https://www.youtube.com/channel/UChJ5rK6zWPXjbxtUQx3ys9Q https://www.tiktok.com/@megan_fitdegree