Music School Term
Teacher portability
Definition
How easily a teacher can leave and take the students, where no education act read here licenses lessons.
Why It Matters
California's and Florida's education acts both exempt a school offering only avocational teaching. A studio there needs no approval under either act, has nothing to transfer and no gap at closing, and that is exactly why the sale is riskier than the paperwork suggests. What holds the revenue is a relationship between a family and a teacher, and where teachers are contractors the studio has no claim on either. The credential that exists is voluntary and belongs to the teacher. So read the teacher agreements for what they say about students and notice, and treat a faculty with no agreements as a roster that can be hired away the week after closing.