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057 - Lauren Bateman on Building a Multi-Location Music School

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Today I’m talking to the owner of a music school in the Boston area who started by teaching guitar out of her spare bedroom and now has a school with three commercial locations and a staff of over 30 teachers serving more than 500 students.   We talk a lot about finances in the conversation. More specifically, how Lauren decided when to bootstrap and when to take out a loan to finance her business growth. This episode provides a really helpful counterpoint to last week’s bootstrapping conversation with Jaclyn Bradley. I hope listening to both last week’s episode AND today’s episode gives you insight as you think about your own business financing options. Full transcript available at musicstudiostartup.com/episode057