As music teachers we face a constant challenge. How do we live for 12 months when our regular, guaranteed income is only 9 or 10 months? Unlike school teachers, we are usually independent studio teachers or work for a music school that is unlikely to spread out our income over 12 months. Summer is wonderful,… Read more »
This past spring, I decided to take a bit of a risk with my studio. I’ve taught private piano lessons for about nine years. Since having a child two-and-a-half years ago, I’ve kept my studio relatively small. I only accept twelve private lesson students, since I like to be a mostly stay-at-home mom. In March,… Read more »
This month I will feature the newly formed Piano Teacher School founded by Kathleen Theisen and Kristin Yost. Kathleen Theisen is an assistant professor at Western State Connecticut University and Kristin Yost is the founder and director of The Centre for Musical Minds in Frisco, Texas. Both of these enthusiastic teachers are not only very successful in their music careers but are also thriving entrepeneurs.
I am constantly looking for ways to generate income while providing excellent service. This year I plan to offer “one stop shopping” for my students on my web site. I am exploring several affiliate programs that will allow me to earn income based on their purchases.
I think the fall is probably an expensive time for most studio owners across the board as we prepare to head into another year of teaching… Here’s what my business records show for this month: Membership renewal in my national, state, and local teachers’ associations: $135 Ad in the local paper: $45 Ad in local… Read more »
Every Successful Business Has a Business Plan. That being said, I have to admit that when I began my home piano studio, I did not write out a formal business plan or even a startup plan! I did, however, create professional documents such as a studio policy, studio brochure, business cards, tuition statements, and many… Read more »
As a teaching artist and studio owner striving to learn the ropes of running a small business, I find it particularly challenging when faced with financial obligations such as creating a budget. But it is a task that must be done and the simpler I can keep it, the better!
In 2009 I had the pleasure of hearing Beth Gigante Klingenstein, author of The Independent Piano Teacher’s Studio Handbook, speak on the question of “Who’s in Charge of Your Studio?” at the University of St. Thomas Summer Music Institute. The main message I took away from her workshop was that if we as studio owners… Read more »
I own and operate a small piano studio out of my home, and the summertime is always a bit of a financial struggle for me. When I took piano lessons growing up, we always continued our lessons during the summer. They were a bit more sporadic, since my teacher usually took a vacation and my… Read more »
Although your studio may be based on furthering artistic pursuits, a studio is a business, and a good part of its success depends on being realistic about this. I taught and helped manage one music school where the board of directors hired an orchestra conductor with fundraising expertise as the school’s director. Unfortunately, she’d had… Read more »