Opening a Music Therapy Business Ready to leave the rat race? This useful article about launching a music therapy business features all the reliable, straightforward advice our readers expect.
I am so happy you are here. If you're new here, you may want to subscribe to this blog so you can get new articles easily.
And don't forget to join the conversation by commenting on the posts or by contacting me directly. A large percentage of board-certified music therapists are self-employed, yet few universities offer training in starting and managing a business.
Part of the mission of the Music Therapy Maven blog is to provide information about running a small business in the hopes that it helps some or many! Although we already had a guest author discuss important points to consider before starting outthis post will offer more specific items to do to get your practice up and running.
Do I have a private practice? So we start with some basic definitions: When you work for yourself, either as a freelancer or as the owner of your own business. The work of a professional practitioner e.
I am both self-employed, even though I have other music therapists who work for me, and in private practice.
Based on my experience, there are some bare necessities you will need to have lined up before opening shop. These are the essentials, the bare minimum needed before you start seeing clients: Choose a Business Structure.
There are several options available: Defining each type of structure is beyond the scope of this post, but you can find a wealth of information online. The type of structure will affect your legal status, taxes, and the protection of your personal assets; it will also affect how much money and paperwork will go into starting your business.
Consult an accountant and a lawyer see 5 below to help you choose what structure will best meet your needs. Register your Trade Name. In Colorado, the minimum you need to start a business is to register your trade name with the Secretary of State.
You will need an accounting system, a way to invoice, keep track of income and expenses, and a system for reconciling your bank account. There are a variety of beautiful, easy to use electronic systems I currently use Quickbooks for Mac, but have also used Quicken. But you can also use the old-fashioned paper and pen route as a way to start simply, or to simply save money.
That is how I started and became a fan of Dome products. Open a Business Checking Account.
I would highly recommend you do this. Start keeping your business and personal accounts separated from the beginning. Most banks have a free business checking account option. Okay, so this is not really something you need to have in place, but your do need to know that you will need to build in time to manage your business.
This means taking care of bookkeeping, taxes, marketing, customer communications, documentation, and a host of other tasks. You will need to build in this time in your fee structure, so be aware of this from the get-go.
Now this is just the absolute bare minimum you need to get your private practice up and running. There is a lot to learn as a business owner and a lot of wonderful resources out there for you.
But if you are self-motivated, organized, like to be challenged, and have a vision, then there is nothing that can stop you! If you are in private practice, what did you need to do before opening your doors? Is there anything that needs to be added to this list?Starting & Marketing Your Music Therapy Practice Catherine Nielsen, MT-BC & Chris Nielsen The Palm Beach Music Therapy Institute (ashio-midori.com) What We Will Cover Today Introduction & a fun Drumming Experience Business Plan Workshop.
Starting and Marketing Your Private Practice. This lesson plan will teach your students about music therapy. Additionally, they will participate in a fun hands-on activity to reinforce newly learned concepts related to music therapy.
The American Music Therapy Association is a resource and organization dedicated to professional music therapists. Benefits gained from using music as a tool include help educating, reducing stress, and improve the general quality of life. Part Three - Free music therapy music therapy Sample Business Plan for San Diego - Business Plan # “Music Therapy Services of Arizona: An Alternative Approach to Service Provision” (Oliver, ) offers an example of a business plan which was very successful for that particular business.
The business plan consists of a narrative (body) and financial worksheets. Work through the sections in any order that you want, except for the Executive Summary, which should be done last.