| The youngest but largest city of Tennessee, | | | | achieving them and put you on your way |
| Memphis, is a major manufacturer of piano, | | | | towards success. Determine your target market: |
| textiles, automobiles, and truck parts. Memphis is | | | | Will you train school kids or will you concentrate |
| the home of several Fortune 500 companies and | | | | on training adults with a little bit of experience in |
| is perceived as a city that is friendly and | | | | the music industry? |
| encourages business start-up, growth and | | | | Select a location that is appropriate, not violating |
| development. | | | | any zoning restrictions and with adequate parking |
| The music industry is hot with benefits such as | | | | space. It has to be visible so students can access |
| fame and the potential to make billions. To most, | | | | it easily, and it has to be designed ergonomically. |
| though, the best part is being able to do | | | | Be sure a lawyer scrutinizes the lease. |
| something they love, creating music. A music | | | | Determine the kinds of services you will provide |
| instruction business can help many aspiring | | | | research and determine the instruments that are |
| musicians learn the ropes--or in this case the | | | | more popular, hire appropriately certified and |
| notes--for success. | | | | trained instructors. Determine the course modules |
| Starting a Music Instruction Business: | | | | and other details such as what kind of exams to |
| Start by determining what services your school | | | | be provided and the certificate such as diploma to |
| will provide and the instruments training will be | | | | be conferred. |
| provided in. Be sure you do research and a | | | | Make sure you list the equipment, the tools, |
| competitive analysis to offer better services than | | | | furniture, and other supplies that will be necessary |
| them and gain an advantage. Once you have | | | | and shop until you get the best price possible on |
| sorted that out, consider getting a legal identity | | | | them. You could use the services as well as |
| for your business, select a name that is apt and | | | | products available to help new entrepreneurs |
| unique, and register it. Figure out all the licenses | | | | succeed. |
| and permits that are necessary and seek | | | | Advertising and the ability to promote your |
| professional help from a lawyer if need be. Get | | | | business are extremely important. Listing in the |
| adequate insurance coverage to protect your | | | | yellow pages, putting up notices in school bulletin |
| business. | | | | boards, leaflets distribution, frequent |
| It will be well worth the effort to spend time | | | | advertisements in local newspapers and cable TV |
| drafting a business plan because it will help you be | | | | and radio will be effective, too. It will help if you |
| aware of all aspects of the business, assess | | | | list the instruments, the training module and |
| performance based on the plan. Applying for a | | | | duration plus rates. |
| loan to finance the start-up could also be made | | | | These are a few start-up tips for a music |
| easy. Having clearly defined goals will aid you in | | | | instructions business. |