Music School Business Idea
Learning how to start a music school is the ideal way to combine your love of music with the joy of teaching others. Adults and children alike love music and many are interested in learning more about it. Whether it is learning to play an instrument, taking voice lessons, or studying music theory, music is a widely sought after subject of study.
Music schools have been in existence since at least the Middle Ages. A culture’s music is often a historical record of its beliefs and interests. Music is no less popular today. Starting your own music school is an opportunity to turn your artistic talents into a profitable small business.
How to Start a Music School
A successful music school business must be planned in detail from the start. Financial and logistical decisions have to be made.
Planning a Music School Business
Learning how to start a music school begins with deciding the type and scope of your school. The focus of your music school, whether it is teaching an instrument, giving voice lessons, or the study of music theory is likely determined by your area of expertise. Your music school’s focus is only the first of many decisions to be made, however.
Consider the following:
- Will you give only private lessons or teach groups?
- Do you have an available area in which to teach?
- Will you target a certain group, such as children, adults or seniors?
- Will you be the only teacher, or do you plan to hire help?
A well-developed business plan is a primary tool for learning how to start a music school. Writing a business plan takes you through the steps of plotting your business direction. The research you conduct for the marketing plan portion will give you valuable insights into the current local market, help you discover viable target markets, learn about competitor pricing structures, and devise methods to successfully compete. A well-researched business plan brings focus to each phase of your music school business.
Preparing to Open Your Music School
Laws vary from state to state, so contact your state education board to find out if teaching certifications are required. Obtain your business license from the local county or city business office. If your business is home-based, check with the zoning board before opening. Even if your area is not zoned for business, it’s possible that you can obtain a variance that will allow you to teach music from home.
Learning how to start a music school and turning it into a successful business requires giving students a well-rounded music education. It also involves successfully running the business side, apart from the teaching aspect. The following equipment and supplies may be required to get started:
- Seating for students
- Printed music
- Office supplies, such as pens and paper
- Appointment and receipt books
- Secured area to store cash and checks
- Telephone and fax system
- Storage for instruments, if necessary
- Instruments if you plan to provide them for students
Rather than working from home, you may choose to lease space for you school. Keep the size of your classes, access to parking, and location in mind. If you plan to hire additional teachers, thoroughly review each applicant. Music skills are not the only requirement. The ability to teach and connect with students is crucial.
Running a Music School
Often overlooked in the flurry of start-up tasks is the ongoing job of running a business after it opens. As the owner of a music school, you are responsible for all aspects of running the business, from teaching to cleaning, from organizing recitals to changing light bulbs. You most likely learned how to start a music school because you loved music and wanted to teach others.
Initially, you may do it all. You may work with students, send out print advertisements, prepare invoices, make reminder calls, attend networking events, interview potential employees, do payroll, and keep the books. It is often beneficial to delegate many of these duties so that you can do more of what you truly love – teach music. Hiring qualified employees or temporary help for office duties, accounting, and payroll can give you the time you need to interact more with students, network with other business owners, and become active in community events.
As you focus on your core competencies as the business owner, consider the following keys for success:
- Give your students a first-rate music education
- Create a comfortable and positive learning environment
- Price your classes in a way that is competitive but allows you to work toward growth
- Plan recitals and concerts to showcase your students, their talents, and your music school
- Offer incentives to students who refer others
Expanding Your Music School
After learning how to start a music school and becoming successful, what’s next? Here are a few expansion ideas if you’d like to grow your business:
- Move to a larger space and allow for more students
- Hire more teachers to cover hours not currently offered
- Add in-home services, where the teacher travels to the student’s residence
- Promote your superstar students at clubs and other venues
- Write instructional books or record how-to videos