Financial and tax requirements. Hiring and payroll requirements. Business growth and expansion.
Actions I’ve taken so far
Established LLC (2017) -- theater business is fully operational with accounting system, website (www.Eidolon.Theater), and promotional and production materials. Dreamlights Studio -- have leased space and now building studio, have acquired dance studio liability, workers compensation and disability insurances. Website has been drafted, and in progress. Have begun advertising for staff and promoting the studio.
My future goals
Establish a revenue-generating self-sustaining dance studio business, and resume teaching, operating, producing and promoting blacklight theater performance.
My motivations to work with a mentor
Guidance for developing an enduring, financially successful arts business.
About my venture
Dreamlights Studio is a business front (DBA) for Eidolon Theater LLC (blacklight theater). They are the same business. The physical space generates income as a teaching studio for dance, and will provide rehearsal space and a home office for Eidolon Theater LLC. Eidolon Theater was started in 2017, has been inactive for 2 1/2 years, and is now resuming activities with a start-up physical studio.