Yes - Really!
If you are running a music studio, music school, dance school or indeed any other childrens enrichment establishment you need to be on the lookout for this SCAM. I have seen it several times at our studio, and know of one of our music studio customers who lost several thousand dollars to one just like it.
Thinking through all the actions, and potential pitfalls, involved in running your own music school or studio can be daunting - especially for a teacher new to running a business.
While individual lessons have generally been paid on amonthly basis, because group classes have set schedules and durations, the most common form of payment has been "Up Front", or a deposit and balance at first class.
Music and Dance studios that have adopted online registration love the fact that they can fill classes without spending all their off-hours (or hiring admin staff) entering family, student and payment information in their record keeping systems.
There are lots of software options for management of your dance studio, ranging from excel spreadsheets, to online scheduling services, to payment collection companies. I believe that if your goal is to make studio management a simple and effective process, and free yourself up for the fun things, like teaching, that give you your energy, then Integration is the answer.