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. A music business proposal is given by an individual or a music company who want to perform in front of a live audience. If YES, here is a complete sample music school business plan template & feasibility report you can use for FREE. We run a music school where kids, teens, and adults can learn how to play a wide range of musical instrument in a fun – fulfilled and relaxing atmosphere. These threats can be external or internal. Musical composition (and arrangement) in the so-called classical tradition is the exclusive focus of this business plan. This template has been used by universities such as Princeton and Babson to teach entrepreneurs how to start businesses. Nothing can make someone feel better instantly like music does. Ensure that all our musical instrument instructors cum trainers and other staff members wear our branded shirts and all our vehicles are well branded with our corporate logo et al. 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. Writing a business plan requires more than just a sales talk. Maestro Melody Music School®, LLC will at all times demonstrate her commitment to sustainability, both individually and as a dance related training organization, by actively participating in our communities and integrating sustainable business practices wherever possible. 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. Proposal samples will make you understand the template better. 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. 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. 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. A Sample Music Business Plan for Your Band. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. 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. Performs cash management, general ledger accounting, and financial reporting for one or more properties. Depending on your target audience (banks, investors, business plan competition), a business plan can be as simple or complex as you want it. There are several models for creating business plans and as such, this is only one possible model. Maestro Melody Music School®, LLC is a private registered business that will be owned by Duke Edwards and his immediate family members. 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. This is comparable with the education sector at large. 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. 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. Download free business plan templates and find help and advice on how to write your business plan. Your full name 3. Helps to increase sales and growth for Maestro Melody Music School®, LLC. Opening of Corporate Bank Accounts various banks in the United States: Application and Obtaining Tax Payer’s ID: Application for business license and permit: Purchase of All form of Insurance for the Business: Lease a standard facility for the music school / studios: Generating part of the start – up capital from the founders: Design of Logo for the martial arts school: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of the needed musical instruments, furniture, office equipment, electronic appliances and facility facelift: Creating Official Website for the business: Creating Awareness for the music school in Palm Beach – Florida: Health and Safety and Fire Safety Arrangement: Establishing business relationship with vendors and key players in various industries. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Palm Beach – Florida. Find 4 sample business plans here to help you launch your health and beauty business.. 14. These could be the time of the show, the venue details are given by the client, so you have an idea of what to do, the genre of music you want to concentrate on, etc. 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. 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. My safe download promise. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives. Below is the business structure we will build Maestro Melody Music School®, LLC on; Principal Partner / Chief Executive Officer: Musical Instruments Instructors / Coaches. Phone number 5. musical instruments instructors will always be needed. to ensure accurate and helpful information is supplied to clients when they make enquiries, Working Class Adults / Corporate Executives. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. 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. 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. In this step, you define your business and state your qualifications. Maestro Melody Music School®, LLC is founded by Duke Edwards and his immediate family members. 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. 2) Set up your studio correctly. 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. When it comes to the music industry, there are various factors and issues to deal with. 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. Website address 6. 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. Our mission is to provide affordable professional and highly effective music trainings and services to a wide range of clients that cuts across different divides. Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of Maestro Melody Music School®, LLC. 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. Ensures operation of musical instruments / equipment by completing preventive maintenance requirements; calling for repairs. Okay, so we have considered all the requirements for starting a music school. We also took it further by analyzing and drafting a sample small music school marketing plan template backed up by actionable guerrilla marketing ideas for music schools. Downloads are subject to this site's term of use. However, this is what it would cost us to start a music school in the United of America; Going by the report from the market research and feasibility studies conducted, we will need over four hundred and fifty thousand (450,000) U.S. dollars to successfully set – up a small scale but standard music school in the United States of America. 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. Advertise our music school in relevant entertainment magazines, newspapers, TV stations, and radio station. It synthesized knowledge from the fields of business, education, creativity and music. 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. 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. 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. 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. Music schools are the best place for anyone to learn the right music, as they will be taught from the basics. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. In addition, we will also offer special discounted rates to all our individual clients at regular intervals. The name of your studio 2. 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. Maestro Melody Music School®, LLC is going to offer varieties of musical instruments trainings and related services within the scope of the music schools industry in the United States of America. Writes winning proposal documents, negotiate fees and rates in line with organizations’ policy, Responsible for handling business research, market surveys and feasibility studies for clients, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Develops, executes and evaluates new plans for expanding increase sales, Documents all customer contact and information, Represents Maestro Melody Music School®, LLC in strategic meetings. Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees, Responsible for arranging travel, meetings and appointments. 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. 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. 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. How-To-Videos; Sample Business Plans. We will also ensure that our students become experts wh… A music class is always an elaborate affair whether you are teaching at an elementary level or the high school students. U&Me Dance dance studio business plan executive summary. Oversees the smooth running of the daily activities of Maestro Melody Music School®, LLC. It’s a great way to organise all your thoughts and make sure you have everything in place before you start your business. Check it out! Proposals are carried out to achieve a certain objective or goal. Duke Edwards has well over 20 years of experience as a music instructor prior to starting Maestro Melody Music School®, LLC. This could also be used for those music companies that sing at a variety of events and maintain the professionalism and dignity of music through this. Start Your Plan. We will ensure that we work hard to meet and surpass all our students’ expectations as it relates to their goals of enrolling in our music school or engaging our services. With this presentation you will deliver dynamic and make your presentation interesting and unique. Maestro Melody Music School®, LLC is a standard, licensed, accredited and well equipped music school with state of the art facility and space large enough to contain about 50 people per – time. Music schools are the best place for anyone to learn the right music, as they will be taught from the basics. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. 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. Principal Partner / Chief Executive Officer, Client Service Executive / Front Desk Officer. Hotels and Hospitality. 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. Serves as internal auditor for Maestro Melody Music School®, LLC. Use friends and family to spread word about our music school, Post information about our music school and the services we offer on bulletin boards in places like schools, libraries, and local coffee shops et al, Placing a small or classified advertisement in the newspaper, or local publication about our music school and the services we offer, Using referral networks such as agencies that will help match students and corporate clients with our music school. Free Business Resources; Business Plan Template; Lean Plan Template; Startup Guide eBook; SWOT Template; Business Proposal Template ; Write your business plan with the #1 online business planning tool. This statement should encompass what you are looking to achieve as an independent artist, whether it’s “I want to be the number one independent artist in my city” or “I want to form a partnership with a major label.” Email address The next section will be your statement of purpose. Free Business Resources; Business Plan Template; Lean Plan Template; Startup Guide eBook; SWOT Template; Business Proposal Template ; Write your business plan with the #1 online business planning tool. You’ll even find a business plan template for specific industries including business plan templates in Word for healthcare providers, professional services, and retail. 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. Check proposal templates in Apple Pages for more. 50 editable start-up printables in one convenient download. The payment policy adopted by Maestro Melody Music School®, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. The result was a forty-eight page document that VKRZHG WKH VFKRRO¶V SURILW SRWHQWLDO DQG PDGH DQ … For those of you who haven’t read my previous posts on this topic, I’ll briefly bring you up to speed. leading the development and implementation of the overall organization’s strategy. Advertise our music school in our official website and employ strategies that will help us pull traffic to the site. We will ensure that we hire professional and licensed musical instruments coaches, and instructors to work with our students. 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. You will also attach a copy of yo… A music business proposal becomes effective if you incorporate the following tips to making a business proposal with or without the use of a business proposal template: To attain the goals you want for the career of your artists and the growth of your music business, you must generate a music business proposal that would showcase the strengths of your entity. This is an outline of how you envision your recording career. At Maestro Melody Music School®, LLC we will keep our fees below the average market rate for all of our students by keeping our overhead low and by collecting payment in advance. Below is a sample music school business plan template that will help you successfully write yours with little or no stress. Please note that the salaries of all our staff members for the first month is included in the expenditure. We will also run a one – stop music store in same facility where our students and other customers can purchase authentic musical instruments and other related accessories. Mailing Address 4. 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. Payment via credit cards / Point of Sale Machines (POS Machines), Business incorporating fees in the United States of America will cost –, The budget for Liability insurance, permits and license will cost –, Acquiring a space or warehouse that will be converted into the music school cum studio and that can accommodate the number of students that will come to learn for at least 6 months (Re – Construction of the facility inclusive) will cost –, Equipping the music school cum studio (various musical instruments, studio floor, sound system, Flat Screen TVs, computers, printers, projectors, furniture, telephones, filing cabinets, and electronics) will cost –, Launching an official Website will cost –, Amount need to pay bills and staff members for at least 2 to 3 months –, Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost –, Generate part of the start – up capital from personal savings and sale of his stocks, Generate part of the start – up capital from friends and other extended family members. 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