How to Start a Music Teaching Business from Your Home

Jan 15, 2018

Where it used to be that you would need to leave your home and go to your place of employment in order to make money, today, more and more at-home businesses are being started. Whether you are looking to create an at-home business that is your sole source of income or it’s meant to be more of a side job, there are just so many opportunities available to people as of late.

For those with a love and passion for music, you have a unique opportunity to actually start your own music teaching business right from the comfort of your own home. This business requires someone with knowledge and skill, which not everyone possesses. So how can you go about starting this type of business? Here are the steps you can follow.

Start with Education

In order to be a true music teacher, you need to have more than just a love of music. Sure, it’s helpful to be passionate about the topic you’re teaching, but you also need the foundational tools. This can be done by enrolling in an online master of music in music education degree. The online MMME degree program will actually deepen your understanding of music education and the theory behind it.

The program is meant for those who wish to educate students from kindergarten through grade 12, which means you’ll be able to open your business to a wide range of clients.

Once you complete your degree program, you will be able to use this as part of your marketing plan, as it will prove to prospective clients that you know what you’re talking about and have the skills necessary to teach music.

Create a Realistic Business Plan

As soon as you’ve got the educational backing you need, it’s time to work on your business plan. The business plan needs to look at such things as who you plan on teaching, what instruments you plan on teaching, whether or not you will supply all the instruments, how you plan to set up a music studio in your home, the costs involved, how you’ll find clients, and what kind of profits you’d be looking at.

While many of the specifics are related strictly to a music teaching business, you can still find examples of basic business plans online to give you an idea of the structure.

Start Networking

One of the most important aspects of starting a music teaching business is to work on networking. You want to get your name out there as much as possible. This means networking with other professionals, school music teachers, and others in the industry.

Build Your Marketing Plan

You will also need to spend a fair amount of time building your marketing plan. This involves setting your prices, determining your target customer, and then figuring out various ways you can reach them with your marketing message. Social media should be included in any marketing plan, especially in today’s digital age.

Stay Motivated and Focused

Building your own music teaching business can be slow and tedious as you start out, but by using these tips it will help make the process as smooth as possible.

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

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A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

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