If you have a passion for music, as well as a talent for business, you may consider making a living doing what you love by establishing a music school. You can target young pupils or adults, or decide to teach specific instruments.
Things You'll Need
- A business plan
- A location
- Instrument(s) you will be teaching to play
- Sheet music
- Lesson plans
How to Start a Music School
Develop a detailed business plan. Check with the Small Business Administration (SBA) for help on writing one, looking through sample plans, and for advice on what to consider as you start your business. Think about whether you will offer private, one-on-one lessons, or group classes, and what rates you would charge for each.
Consider the need for a location. Take into account the size of your group classes or private lessons in your search. You may decide to lease a space, work out of your home, or visit your pupils' homes. Should you decide to lease a commercial space, negotiate and sign a contract with a landlord, then work with the property management team to build our your space as desired.
Name your business and file it with your state. Apply for an Employer Identification Number (EIN) for tax purposes. Open up a bank account and apply for a credit card for your business.
Lease or purchase the equipment you will need. This might include telephones, a fax machine, computer, a credit card machine, wipe boards, instruments, music stands, office and classroom furniture, and a collection of sheet music.
Begin advertising your school. Develop a website, advertise in local papers and post flyers throughout your community. Purchase signage for your school if you have leased a space. Interview potential employees if you wish to offer multiple instruction options at your school.