1. By: Celeste Smith P erformance Music School

2. What We Offer

3. Personnel

4. Competition

5. Target Markets

6. Marketing Plan

7. Capital & Financing Budgets Capital ItemCost Leasehold Improvements$8,600 Furniture and Equipment2,500 Musical Instruments13,050 Total$24,150 Financing: 100% Equity $30,000

8. Number of Customers

9. Financials

10. Conclusion Feasible?

11. Thank You Questions?

12. Revenues

13. FTE Teachers Required YearFTE Teachers Required 11.08 21.51 32.11 42.95 54.13

14. Operating Expenses ExpenseAnnual Cost Accounting & legal1,500 Advertising600 Benefits4,287 Phone, Cell, Internet1,740 Insurance800 Labour Compensation51,372 Lease & Occupancy cost30,800 General Supplies250 Repair & Maintenance500 Capital Cost Allowance1,727 Total$93,576

15. Margins Estimated retail: $50/student per year Rental payback: approx. 1 year DivisionGross Profit Margin Lessons25% Retail35%

16. Capital Budget DescriptionEstimated Costs Leasehold Improvements Paint500 Electrical600 Carpentry/Doors3,500 Flooring2,500 Contingency Cost1,500 Total Leasehold Improvements$8,600 Equipment Desk & Chair500 Phone50 Computer & printer700 Music stands100 (5x$20) Chairs (recital room)750 (30x$25) Tables100 (2x$50) Musical Instruments (for rental)13,050 Retail racks300 Total$15,550 Total Capital Costs$24,150