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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I cannot stress this enough.  Dance parents should avoid chain studios and private equity owned studios.   [/quote]
Can you give examples of "chain studios"? MBA has one other location, no? I would hardly call this a chain. The artistic director of MBA is also the owner, at least as is made public on the MBA website. Master Ballet Academy is, however, a for-profit school, which does raise eyebrows. All of the other reputable ballet schools (SAB, JKO, Ellison, etc.) are not-for-profit.[/quote]

It is not a issue of tax status.  It's an issue of who is invested in the outcome.  For instance District Dance is owned by Private Equity.  The only mission is to extract as much $ off the families as possible.  If they don't, that branch closes.  The same thing that happened to youth sports is coming for ballet and competition based dance studios.  Read the USA Today article on youth hockey to see what is on the horizon. Owner operated and legacy, non-competitive studios are the ones with the community and your kids at heart. The money stays in the community rather than going to faceless investors. They have a stake in the outcome for your kid.  Chains and PE don't. [/quote]

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