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Read the full transcript for this episode here.

Summary

Today is part two of my conversation with David Barnard. Last week, in Episode 037, David joined us to talk about the music cooperative as a business model that is helping teachers build sustainable studios by joining together.

Today David’s talking about how to form a cooperative. Some of our discussion applies specifically to coops, but a lot of our discussion centers around how to write a business plan, which is a great exercise for any teacher no matter what business model you’re using.

Resources

The Association of Independent Music Services: AIMS

Gloucestershire Music Co-Operative

Co-Operatives UK provides template documents to form a limited company

Legal Structure: The Difference Between LLCs And LLPs (United States)

SMART Goals (Specific, Measurable, Attainable, Realistic, Time-Bound)

Article: Using a Style Guide to Speed Up Graphic Design Process

Podcast Episodes

• 031 – Ken Thompson on Building a Music School that Pays Sustainable Wages
• 037 – David Barnard on Music Co-Operatives in the UK

Courses

• Vision & Values Course
• Business Building 101
• Music Teachers’ Finance Course

Worksheets

Business Plan Outline

SWOT Analysis Worksheet

(COMING SOON!)

 

 

 

Books

• The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen R. Covey
• Altogether Now: A Guide to Forming Music Teacher Co-Operatives by The Musicians’ Union (UK)