A few days ago
Anonymous

Should I open a private Piano school in my city? Is it something people would be interested in or bad idea?

I’m thinking about opening a private school of music in my city in Canada. The population of the city is 1.5 million and I would be setting up the business in a suburb of 40-60 thousand people. There is already another piano school in the area. I am a very popular teacher and I am currently employed in a piano school and I could make twice as much money if I was teaching out of my home and If I had a piano school in the city I could hire other teachers and make quite alot of money. My boss makes alot of money and operates two piano schools. I am the most popular teacher at the piano school and people want to have me as a teacher but I can’t keep up with the requests. I have to turn down so many people.

I would like to open a quality piano school in order to give peopel the gift of music and to secure my future. I am a single parent and have a special needs son who is in his 20’s now but I need to make money so he will be cared for.

The price would be the same as other schools.

Top 3 Answers
A few days ago
Benny

Favorite Answer

Entrepreneurship is something to admire for sure. You’re asking all the right questions and it sounds like you’ve thought several things through.

However, a couple of suggestions I would make to you is that you should try and determine if there is a local group specifically tailored to your niche in your area. Perhaps a small business owner’s association if no piano teacher’s assocation group.

Also, I would consider talking to people OUTSIDE of your city that could help give you ideas and suggestions on the upside/downside of owning your own school. As long as you’re not a competitor, they might be willing to help out.

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A few days ago
Rachael T
what i would do sweetheart is locate the other school and go to the opposite end of town. that way there is one at both ends of town so people dont have to drive so far for a school closer to home. find a nice safe place that is not in a drug infested part of town so the parents feel safe with thier kids being there.

best of luck and good wishes your way

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4 years ago
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