Find 7 sample business plans here to help you launch your food or farming business.. 15. If you are music inclined, you should start thinking of ways to benefit from the booming music industry, and one of the ways you can benefit from this industry is by starting your own music school. Now that you have decided to start your own music school, it is important that you sit back to create plans on how to raise start – up capital, how to attract clients, how to generate profits and how to run the business. Take away the guesswork out of the budgeting for your business with the help of the above template, which is fully editable and can be customized to meet your needs and preferences easily. We are set to become the number one choice for both corporate clients and private students in the whole of Palm Beach – Florida which is why we have made provisions for effective publicity and advertisement of our music school. Depending on the picture you have in mind before considering starting your music school, you would require hard work, moderate capital and various training and certification before you can successfully establish your own music school. Perfect for those wanting to create a document that serves as a road map that provides directions so your music school business can plan for its future and help avoid bumps on the road. As presented on the proposal templates in DOC format samples, the following are the essentials in writing a music business proposal: Music production is a very tough job to do, because let whatever happen, the music has to be perfect and soothing to the ears of the listener. Statistics has it that in the united states of America alone, there are about 13,470 registered and licensed (accredited) music schools scattered all across the United States responsible for employing about 91,328 people and the industry rakes in a whooping sum of $4 billion annually. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities. Find 3 sample business plans here to help you launch your hospitality business.. 13. A music business proposal is given by an individual or a music company who want to perform in front of a live audience. Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation, Handles all financial transactions for Maestro Melody Music School®, LLC. We hope to open branches of our music school in other key cities in the United States and Canada and also to sell franchise in the nearest future. Depending on your target audience (banks, investors, business plan competition), a business plan can be as simple or complex as you want it. It synthesized knowledge from the fields of business, education, creativity and music. Free Valentines Day Facebook Post Template, Free Operational Plan For Project report Template, Free World Cancer Day whatsapp image Template, Free World Cancer Day Twitter Post Template, Photography Proposal [8+ Templates To Download], 5 Challenges of Writing a Good Business Proposal. How-To-Videos; Sample Business Plans Children & Pets Children's Education & Recreation. leading the development and implementation of the overall organization’s strategy. The result was a forty-eight page document that VKRZHG WKH VFKRRO¶V SURILW SRWHQWLDO DQG PDGH DQ … It’s also been used by over 850,000 businesses to write business plans for bank loans, venture capital and angel investments, business expansion, and even business sales. When I graduated from university, I remember having several thoughts echoing inside my head about music teaching. What is your particular niche? While I believe you can make a success of almost any music teaching business providing you have the right marketing strategy, you should create a business plan to cover all the important issues. 1.1 Objectives. In this step, you define your business and state your qualifications. It is glaring that revenue growth in the industry began to rebound as the economy started to recover and schools’ endowment funds and corporate profit bounced back. We have been able to critically examine the Music Schools industry – market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Our music school facility will be well – equipped with wood-sprung floors, a comfortable lobby with flat screen TVs, and a wide range of music instruments. Execute your vision for music through the use of the above template that is very useful to create the best proposal for your business. Free Music Teacher Music Teacher Sample Business Plan for Music Teacher - Business Plan # 30922508540 Whether you’re planning for a night club, used car sales, wedding planning or child day care services , you’ll find a business plan sample for any kind of business you can think of. The name of your studio 2. Below are the sales projections for Maestro Melody Music School®, LLC, it is based on the location of our music school and of course the wide range of musical instruments training classes and related services that we will be offering; N.B: This projection is done based on what is obtainable in the music school industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same additional services as we do within same location. Maestro Melody Music School®, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. For a music business to pish a music event or improve the business itself, one can use sample proposal templates that are available online, as they would make him/her gain the approval of sponsors and investors as and when required. It is also important to state that commercial and graphic arts and commercial photography instruction, are not included in this industry but they are part of the Trade and Technical Schools industry. Our goal is to grow Maestro Melody Music School®, LLC to become one of the top 10 music school brands in the United States of America and Canada which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in Palm Beach – Florida, but also in other cities in the United States of America and Canada where we intend opening branches of music school. As a standard and well equipped music school, Maestro Melody Music School®, LLC offers a wide range of musical instruments trainings and practice hence we are well trained and equipped to services a wide range of clients (both individual clients and corporate clients alike). Maestro Melody Music School®, LLC is a client-focused and result driven music school that provides ease to learn and fully practice and experience at an affordable fee that won’t in any way put a hole in the pocket of our clients (students and organizations alike who would hire our services). Not just that, it is customizable and covers basic music subjects. Introduce our music school by sending introductory letters alongside our brochure to corporate organizations, schools, religious organizations, households and key stake holders in Palm Beach – Florida. If you part of the people keeping tabs on the trends in the Fine Arts Schools industry, you will agree that the industry has developed a creative edge over the last half a decade. Proposals are carried out to achieve a certain objective or goal. Our overall business goal is to position Maestro Melody Music School®, LLC to become one of the leading music school – brand in the industry in the whole of Palm Beach – Florida, and also to be amongst the top 10 music school brand in the United States of America and Canada within the first 5 years of fully running the business. In the next half a decade, the industry revenue is expected to further improve due to stronger investment returns from endowment funds and higher tuition revenue amongst other factors. The target market for a music school is broad and of course all encompassing. Tutoring Service Business Plan Plan Outline Close Start your plan. Start Your Plan. Principal Partner / Chief Executive Officer, Client Service Executive / Front Desk Officer. A Sample Music Business Plan for Your Band. My safe download promise. This is comparable with the education sector at large. Music schools are the best place for anyone to learn the right music, as they will be taught from the basics. Downloaded > 2,750 times. Generating Funds / Startup Capital for Maestro Melody Music School®, LLC. We have a team that is considered experts in the music school industry, a team with excellent qualifications and robust experience in professional musical instruments trainings and practices. We are also in the music school industry to make profits and we will do all that is permitted by the law in the US to achieve our aim and business goal. (Have you ever thought about that before?) We are well positioned to take on the available market in the Music Schools industry and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow our music school and our clientele base beyond Palm Beach – Florida to other cities in the United States of America. Advertise our music school in our official website and employ strategies that will help us pull traffic to the site. To help you with that, avail of our premium Music School Business Plan template that you can instantly download anytime, anywhere, at any device. Please note that the above projection might be lower and at the same time it might be higher. We know that one of the ways of gaining approval and winning customers over is to equip our music school facility with state of the musical instruments and equipment and make our school environment welcoming and conducive enough for people to effectively learn how to play musical instruments. Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. Maestro Melody Music School®, LLC is established with the aim of maximizing profits in the music school industry and we are going to go all the way to ensure that we do all it takes to attract both individual clients and corporate clients on a regular basis. If you intend to go big by renting a place, then you would need a higher amount of capital as you would need to ensure that your employees are well taken care of, and that your musical school environment is conducive enough for the students to learn and to effectively practice martial arts. So also, it is trendy to find music schools as engage in the sales of musical instruments and other musical merchandize in other to generate more income for the business. Ensures operation of musical instruments / equipment by completing preventive maintenance requirements; calling for repairs. A recent research conducted by IBISWORLD shows that Fine arts schools (music schools inclusive) usually enroll small numbers of students per class and serve local markets. Our music school will be located in – between a well – populated residential estate and a business district in Palm Beach – Florida, United States of America. Start Your Plan. The music lesson plan template is well organised and comes with a detailed set of instructions and procedures. We are mindful of the fact that there are stiffer competitions amongst music schools in the United States of America; hence we have been able to hire some of the best marketing experts to handle our sales and marketing. The above template is a music proposal, where the organization is open to the ideas of others so that they can make the class an interactive session. We are quite aware that to be highly competitive in the music school industry means that you should be able to deliver consistent quality trainings, your students / clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times. A Sample Music Production Business Plan Template Industry Overview. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business. Duke Edwards has a Degree in Music from New York School Arts and he can perfectly play over 7 musical instruments. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more depending how fast we meet our set target. So who are interested can contact you easily. This is the major reason why the services of music schools i.e. As a standard and well equipped music school that is centrally located, we are ready to take advantage of any opportunity that comes our way. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients (students and corporate organization). We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Maestro Melody Music School®, LLC is a private registered business that will be owned by Duke Edwards and his immediate family members. Make sure you have a neat and tidy workplace for every student who comes through your front door. Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions. This way, every note would be right if learned with keen interest. Maestro Melody Music School®, LLC is fully aware of the modus operandi in the music school industry, hence adequate provision and competitive packages has been prepared for independent sales agents. Okay, so we have considered all the requirements for starting a music school. Here are the payment options that Maestro Melody Music School®, LLC will make available to her clients; In view of the above, we have chosen banking platforms that will enable our client make payment for all our services without any stress on their part. With this presentation you will deliver dynamic and make your presentation interesting and unique. It’s a great way to organise all your thoughts and make sure you have everything in place before you start your business. Helps to increase sales and growth for Maestro Melody Music School®, LLC. So let’s proceed to the business planning section. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. To survive in this world and the rivalry, musicians have to develop a good marketing plan, so that they can showcase their music in the best way possible. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $150,000 (Personal savings $100,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $300,000 from our bank. At this point it continues as a supplemental venture to my 26 hour per week employment as a church musician, and yet, artistically speaking, it has always been the most important musical activity to me of all those in which I am involved. Responsible for fixing prices and signing business deals, Responsible for providing direction for the business, Responsible for signing checks and documents on behalf of the company, Evaluates the success of the organization, Responsible for overseeing the smooth running of HR and administrative tasks for Maestro Melody Music School®, LLC, Designs job descriptions with KPI to drive performance management for martial arts instructors / coaches, Regularly hold meetings with key stakeholders (clients and member of the board) to review the effectiveness of the business Policies, Procedures and Processes. Mailing Address 4. It shows the student’s experience of recording music in the studio and what is the difference between recording music in the studio and somewhere professional. Lastly, our employees (musical instruments instructors and coaches) will be well taken care of, and their welfare package will be among the best within our category (startups music schools in the United States) in the industry. 1. Responsible for preparing financial reports, budgets, and financial statements for the organization. There is hardly anything we can do as regards these threats other than to be optimistic that things will continue to work for our good. And then write a paragraph describing why you are qualified to run this business. Over and above, any entrepreneur who is a certified music instructor can successfully launch his or her music school and make great gains from the industry simply because the industry is still growing and more people are becoming aware of the immense benefits they stand to gain when the enroll in a music school. Get as detailed as possible; your plans may change once you begin to execute, but if you have a blueprint, your chances of success will be much higher. We are aware that there are some clients that would need special assistance, we will offer flat rate for such services that will be tailored to take care of such clients’ needs. Take for example a grant proposal created by an individual or an entity to convince an institution to fund a project to address issues in a community. Make sure that you are writing a business plan which best reflects you as an artist and your music. These threats can be external or internal. The following are goals and objectives of U&ME Dance for Year 1 through Year 3 : It might take a long time to learn music and become an expert, but once you do go through the course and become an expert yourself, there is no turning back. Starting a Music School – Sample Business Plan Template. Downloads are subject to this site's term of use. Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for Maestro Melody Music School®, LLC. Music production business is without a doubt a thriving business that has loads of players making huge profits from the industry. Our overall business goal is to position Maestro Melody Music School®, LLC to become the leading brand in the music school industry in the whole of Palm Beach – Florida, United States of America, and also to be amongst the top 10 music school brand in the United States of America within the first 5 years of operations. Maestro Melody Music School®, LLC is set to make use of the following marketing and sales strategies to attract clients; We have been able to work with our branding and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products. Writing a Business Plan for a School of Creative Music Education This project was about writing a business plan for a unique school of music that fosters creativity and promotes fun in learning. As for the detailed cost analysis for starting a music school; it might differ in other countries due to the value of their money. Musical composition (and arrangement) in the so-called classical tradition is the exclusive focus of this business plan. Some of the threats that we are likely going to face as a music school operating in the United States of America are unfavorable government policies that might affect business such as ours, the arrival of a competitor within our location of operations and global economic downturn which usually affects spending / purchasing power. Our vision is to build a highly competitive and effective music school that will become the number one choice for both individuals and corporate organizations in Palm Beach – Florida and in other cities in the United States of America and Canada where we intend opening our branches or selling our franchise. Download Free Version (DOC format) Download the Start-Up Pack for $27. Responsible for financial forecasting and risks analysis. IBIS World estimates that the top four players account for less than 2.0 percent of industry revenue in 2016. A music class is always an elaborate affair whether you are teaching at an elementary level or the high school students. Responsible for providing instructions and training on music and how to play various musical instruments, Handles merchandise sales (musical instruments, equipment and other accessories), Attends promotional events and competitions, Attends to any other task as instructed by the management, Identifies, prioritizes, and reaches out to new clients, and business opportunities et al. At Maestro Melody Music School®, LLC, our students’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. Below is a list of the clients that we have specifically design our music school for; No doubt, the music school industry is indeed a very prolific and highly competitive industry. It is important to state that to be able to start a music school, you should have been trained and also you should be able to play couple of major musical instrument. First and foremost, it is important to state that the music school line of business can safely be categorized under the Fine Arts Schools industry. Receives Visitors / clients on behalf of the organization, Receives parcels / documents for the company, Handles enquiries via e-mail and phone calls for the organization, Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services, Manages administrative duties assigned by the line manager in an effective and timely manner, Consistently stays abreast of any new information on the company’s promotional campaigns etc. Aside from the synergy that exist in our carefully selected faculty members, our state of the art musical instruments and our strong online presence, Maestro Melody Music School®, LLC is well positioned in a community with the right demography and we know we will attract loads of individual and corporate clients from the first day we open our doors for business. Basically, players in the Fine Arts industry offer instruction in the arts, including art, dance, drama, music and photography. Here, write a paragraph stating why your business is going to succeed. Please note that the salaries of all our staff members for the first month is included in the expenditure. This business proposal sample is for non-profit purposes which differs from a normal sample business proposal, which is made to garner a sale. Music samples is for the heart, mind, and soul. Business plan templates Download a free business plan template on The Prince’s Trust website. Keep it sharp, succinct and long-term focused. This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our market research and feasibility studies and we are enthusiastic and confident that Palm Beach – Florida is the right place to launch our music school. Find 4 sample business plans here to help you launch your health and beauty business.. 14. Going forward, the industry is expected to grow at an even faster rate. Description. We will ensure that we hold ourselves accountable to the highest standards by meeting our students’ needs precisely and completely. musical instruments instructors will always be needed. As a result of this, Maestro Melody Music School®, LLC will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis mostly for special clients and home tutors. Creating a Successful Business Plan (for the Artist) The following document was created strictly for those interested in understanding the different aspects of a business plan. Writing a business plan requires more than just a sales talk. This is an outline of how you envision your recording career. We are quite aware that the success of any business lies in the foundation on which the business is built on, which is why we have decided to build our music school on the right business foundation. Programs that offer academic degrees, even if they specialize in fine arts are not included in this industry. FREE Music Lesson Plans Template by Music With Ms Jamie from music teacher lesson plan template , source:www.teacherspayteachers.com. They are the sole financial of the business which is why they decided to restrict the sourcing of the start – up capital for the business to just three major sources. Our service offerings are listed below; Our company’s structure is not entirely different from what is obtainable in the music school industry, as a matter of priority, we have decided to create a structure that will allow for easy growth for all our employees and also, we have created platforms that will enable us attract some of the best hands in the industry. Maestro Melody Music School®, LLC will generate income by offering the following services; One thing is certain; there would always be corporate organization and individual clients who would need the services of professionals when it comes to learning how to play various musical instruments. Draft a Business Plan. In order to set up and run a successful music teaching business you should definitely have a business plan. The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. Phone number 5. In addition, still-high unemployment brought strong demand from a larger number of individuals who were out of work. These are the questions your business plan will help you answer. Food and Farming. Lastly, in the bid to maximizing profits, loads of music schools engage in home services; they go to the houses of their clients as against their clients coming to their music school. The Fine Arts Schools cum Music Schools industry is indeed a large industry and pretty much active in countries such as United States of America, United Kingdom, Germany, France, Italy, Holland, Switzerland, Australia and Canada et al. Customizable and covers basic music subjects, as they will be taught from the basics is expected to at. Find help and advice on how to start businesses courses are also very important for any educational as... Mission, and financial reporting for one or more properties okay, so we have all. By Canva the lesson plan templates download a free business plan outline with sample questions, tables, overall! Student-To-Teacher ratios are thought to facilitate better learning environments and provide more personal attention to students from new school! Service Executive / front Desk Officer use this template provides a business plan can serve as starting... For free information is supplied to clients when they make enquiries, working Class Adults Corporate... ; evaluating new products about a music instructor prior to starting Maestro Melody music School®, is... Your plan use for free all encompassing for free music instruments training in a highly secured conducive... Set in and the economy slumped remain on their toes high depending on goals! Course all encompassing that, it is customizable and covers basic music subjects s in... This presentation you will deliver dynamic and make sure you have a business plan can serve as a starting for! Who were out of work accurate and helpful information is supplied to clients music teacher business plan template they make enquiries, working Adults. 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