Bettner Saxophones and Music
Description of business Sole Proprietorship Saxophone and Jazz music store Love of Music Provide saxophones and music Located at 3304 East main Street
Objectives Educate people Help people find what they need
BUSINESS STRATEGIES SET LONG TERM, MEDIUM, AND SHORT TERM GOALS. Strengths Experienced part-time musicians Great inventory for a new musician Great sized office space Weaknesses Location of business Lack of business experience Opportunities Part time employment opportunity Opportunity to teach new musicians Threats Neighboring music stores in Richmond area finances
Products/services Wide variety of saxes Variety of accessories Private lessons
PRICES Alto Saxes New: $900 to $1,000 (depending on brand) Used: $400 to $600 (depending on brand and condition) Soprano Saxes New: $1,500 to $2,000 (depending on brand) Used: $500 to $1,000 (depending on brand and condition) Tenor SaxesNew: $1,800 to $2,500 (depending on brand) Used: $1,000 to $1,500 (depending on brand and condition) Baritone Saxes New:$5,000 to $6,000 (depending on brand) Used: $3,000 to $4,500 (depending on brand and condition) Ligatures$10.00 to $20.00All saxes Reeds $30.00 (30 count 3 reeds) $20.00 (20 count 3 reeds) $10.00 (10 count 3 reeds) $5.00 (5 count 3 reeds) $30.00 (30 count 2 ½ reeds) $30.00 (30 count 2 reeds) $20.00 (20 count 2 ½ reeds) $20.00 (20 count 2 reeds) $10.00 (10 count 2 ½ reeds) $10.00 (10 count 2 reeds) $5.00 (5 count 2 ½ reeds) $5.00 (5 count 2 reeds) mouthpiecesFor all saxes4c- $20.00 (all brands) 5c- $40.00 (all brands)
Prices Music Standard of excellence beginning book- $5.00 Fundamental Changes: Soloing for Jazz Saxophone: Soprano, Alto, Tenor and Baritone Sax. $15.00 Essential Elements: Jazz Ensemble- $10.00 Famous Saxophone Solos: from R&B, Pop and Smooth Jazz. $ easy jazz duets. $6.00 The real book- Bb. $20.00 The real book-Eb. $20.00 Sittin' In With The Big Band Jazz Ensemble $10.00 Sheet music searched for at the store online- prices vary on sites and types of music. Private lessons$5.00 per hour, goes to employee giving lessons
Owner: Colin Bettner managers staff (expierenced musicians, part time)
Marketing Analysis Target Market? Pricing policy Competition?
FINANCIAL ANALYSIS Storefront3304 East Main street$2,429/Month+$100 reg. cost Furniture 2 couches, 2 desktop with monitors, and 2 desks $1, ElectricityJust Energy$301 per therm fixed rate gasJust Energy$301 per therm fixed rate Water-$6.48Sewage-$20.63Tax-.45Total:$27.56 Total start-up cost$5,156.53
SUPPORTING DOCUMENTATION