CHAPTER 1: INTRODUCTORY PAGE

Business Name and Address

The business name shall be called “Metropolitan School of Music”. It denotes

to a metropolis such as Iloilo City where it has been the center of industry, entertainment
and education in Western Visayas. It will be located along the national highway Iloilo-
Capiz Road.

Landheights III Subdivision Phase I

Tagbac, Iloilo City.

Name and Address of the Principal

The business will be a corporation consisting of Investors, Board of the Directors,

and Ex-officio all of which are local residents of Iloilo City.

Investors:

1. Francis A. Peñaranda
2. Serjoe Orven S. Gutierrez
3. Arne S. Lubasan
4. Ivan Anthony H. Cabrera
5. Reg Terence S. Gentica

Board of Directors:

1. Ira Hope Tribo

2. Karen Joy Flores
3. Bethel Omay
4. Rhodora S. Febrero
5. Melchora S. Gutierrez – Ex-officio

Nature of Business: Stock and Profit Corporation

The business intends to venture on becoming the premiere music school in

western visayas that will be teaching specialization on Piano, Violin, Guitar, Voice both
Classical and Pop, and the most important specialization in the curriculum is having the
Rudiments of Music (Music Theory). The business is going to be a private business
corporation.
Statement of Financing Need

This refers to the money used to ensure proper operation of a business operation
of a business organization. The estimated capital for the first three years will be Three
Million Five Hundred Thousand Pesos (P3,500,000.00).

Music Studio Construction/Renovation/Equipments

Items Cost

Music Room 1 w/ sound proofing P100,000.00

Music Room 2 w/ sound proofing P100,000.00
2 Air Conditioning Unit P30,000.00
2 Acoustic Piano P200,000.00
1 Electronic Piano P50,000.00
2 Acoustic Guitar P20,000.00
1 Classical Guitar P10,000.00
1 Electric Guitar P10,000.00
1 Bass Guitar P10,000.00
Mixing Equipment
(PC, Mixer, Speakers, Microphones) P200,000.00
Sales
(Music Books, Instruments) P300,000.00
Salary (one year)
(General Manager, Operations Officer,
Administrator, Finance Administrative
Officer, Marketing Officer, HR, Accountant,
Sales and Service Crew 1 and 2, Maintenance,
10 Faculty) P537.00/day X 20 P2,448,720.00
TOTAL P3,478,720.00
Balance P21,280.00
Statement of Confidentiality of Report

The undersigned reader of [Company's Name] Business Plan hereby acknowledges that
the information provided is completely confidential and therefore the reader agrees not
to disclose anything found in the business plan without the express written consent of
[Business Owner's Name].

It is also acknowledged by the reader that the information to be furnished in this

business plan is in all aspects confidential in nature, other than information that is in
the public domain through other means and that any disclosure or use of the same by
the reader may cause serious harm and or damage to [Company Name].

Upon request this business plan document will be immediately returned to [Business
Owner's Name].

This is a business plan. It does not imply an offer of any securities.

Applicable Law

This contract shall be governed by the laws of the Philippines.

________________________________
Signature

________________________________
Printed Name
 CHAPTER 2: BUSINESS RATIONALE AND EXECUTIVE SUMMARY

The Metropolitan Music School is a standard, licensed and well-equipped

music school with state of the art facility and space large enough to contain
about 50 people per-time. We run a music school where learners can learn
how to play a wide range of musical instruments in a fun-fulfilled and relaxing
atmosphere. We also provide tutorial services (instruments and piano) that
will increase the learner’s comprehension and skills. Choral workshops to
perceived correlation between strong friendships, foster understanding, and
build trust between the individual choral members, within sections and also
with the director.
Our music school will be located in ______________. We hope to open
branches of our music school in other key cities in Visayas Region and also to
sell franchise in the nearest future.
_____________ Music School, is a client-focused and result driven music
school that provides ease to learn and fully practice and experience at an
affordable fee that won’t in any way put a hole in the pocket of our clients.
We will offer a standard and professional music instruments in a highly
secured and conducive learning environment to all our learners. We will
ensure that we work hard to meet and surpass all our learners’ expectations
as it relates to their goals of enrolling in our music school or engaging our
services.
Our music school facility will be well-equipped with wood-sprung floors, a
comfortable lobby with flat screen TVs, air-conditioned and a wide range of
musical instruments. We will also run a one-stop music store in same facility
where our learners can purchase music books, parts of instruments and other
related accessories.

I. Service Analysis
Future Outlooks and Trends of the Service

Analysis of Competitors

As years goes by, music industries have been flooded the whole country
because of the love and passion of Filipinos in music. No, doubt, the music
school industry is indeed a very prolific and highly competitive industry. Clients
will only enrol in your music school or hire your services if they know that you
can successfully help them learn and practice various musical instruments of
their choice effectively. We are quite aware that to be highly competitive in the
music school industry means that you should be able to deliver consistent
quality trainings, your students/clients should be able to experience remarkable
difference and improvement and you should be able to meet the expectations
of your clients at all times.
 _________________Music School, might be an another music school in Iloilo
City, but we have a team that are considered experts in the music school
industry, a team with excellent qualifications and robust experience in
professional choral workshops and musical instruments trainings and practices.
Aside from the synergy that exist in our carefully selected and highly
recommended faculty members, our state of art musical instruments and our
strong online presence, _________ Music School is well positioned in a friendly
community with the right location and we will attract loads of individual and
corporate clients from the first day we open our doors for business.
Lastly, our employees (choir director, musical instrument instructors and
coaches) will be well taken care of, and their welfare package will be among
the best within our category in the industry. It will enable them to be more
than willing to build the business with us and help deliver our set goals and
achieve all our business aims and objectives.

Service Market Segmentation

Service Market Forecast

II. Description of Venture

Background of the Entrepreneurs
Services
Music Theory and Composition (Master Class)
Tutorial (Instruments and Voice)
Choral Workshop
Sales (Music Books and Instrument Parts)

III. Service Production Plan

Licensing and Registration
Curriculum Plan
Piano
Violin
Guitar
Voice (Classical)
Voice (Pop)
Theory

Recruitment and Personnel

Equipment and Physical Environment

IV. Organizational Plan

A. Form of Ownership
The Metropolitan Music Center adopted a Corporate Structure. It is a form
of business operation that declares the business as a separate, legal entity
guided by a group of officers known as board of directors. According to
Entrepreneur Asia Pacific, it is the most advantageous way to start a business
because the corporation exist as separate entity.

B. Organizational Structure
Stock
Holders

Board of
Directors

General
Manager

Finance and
Operations Officer Marketing Officer
Administrative Officer

Theory
Department
HR Sales and Services

Keyboard
Accounting
Department

Strings Maininace
Department Team

Voice and
Choral
Works

C. Management Committee
The management team is composed of 4 entities; marketing officer, finance
and administrative officer, operations officers and the general manager as the
chairman of the management team. The members are tasked to …

D. Roles, Duties and Responsibilities

The following are the roles, duties and responsibilities of the individuals
involved in this venture.
1. General Manager
 2. Operations Officers
3. Administrative and Finance Officers
4. Marketing Officer
5. Human Resource Officer
6. Accountant
7. Sales and Services Team
8. Theory Department Head
9. Strings Department Head
10. Voice and Choral Works Department Head
11. Keyboard Department Head

V. Service Marketing Plan

Promotion
Publication
Advertising
Service and Product Pricing
Service Forecast

VI. Operations Plan

Program Timetable
Recital

VII. Assessment of Risk and Exit Strategies

VIII. Financial Plan