Teaching Piano Lessons At Home Can Make You More Money
Teaching piano from home can be a lucrative business. Before you start counting your eggs, be sure to have a fully equipped home studio, with teaching materials and other things you need to teach. I would suggest that you teach piano from home because you can earn double or more of what you can make teaching from music school of community college.
You can make more money by teaching piano from your home studio. These colleges and private music schools need to pay a large amount each month for overhead expenses. They will take the cash they need from part of your earnings. You don’t need to give half what you deserve if you had your own music studio.
If you start your own piano lesson business from home, you can earn over $2,000 a month by just working half the day. That’s not even teaching piano full blast. Your overhead expenses at home would be small compared to a bug music school, so don’t worry about utility bills or other expenses of teaching from home.
Many piano students pay fifteen to twenty dollars for a 30 min. lesson. If you teach from home you don’t have to split that and keep all the money for yourself. So, if you teach 4 student a day, you can make around $2,000 per month. If you can teach 4 hours a day, taking in 8 students for 30 minute classes each, you can make about $4,000 per month.
Once you have more experience teaching piano, you can earn more than $20 per 30 minute lesson. Some veteran piano instructors charge up to $30 per half hour. You also have to adjust your rates depending where you teach. People in big cities may be OK with $25 to $30 per lesson, but people who live in rural areas might find that too expensive.
In case your students find $30 per 30 minute class a bit expensive, you can extend the class to 45 minutes. This may encourage your students to pay more. It is also a good way to justify keeping your rates the way it is. To get more clients offer your students a free class if they can get a new student to sign up.
Having credentials and certificates to teach piano definitely raises your value. If you have taken classes about teaching piano, you can even charge $35 per one hour lesson. Others can go as high as $40 if they are certified and teach in an upscale neighborhood. You can give incentives by giving a 10% discount for siblings.
Advertise your service around the neighborhood. The more you promote your piano lessons, the more students you can get. Treat your piano lesson business like a pro and you will surely get professional rates too. Teaching piano from your own home can definitely earn you more money.