Taiko Drums Cost How Much!?

Recently I've been putting more time into the business aspects of starting up this taiko center in Michigan. I'm reading a very insightful book, "The E-myth Revisited" by Michael Gerber for the second time and taking notes. For anyone who is considering starting, or in the midst of running a small business, I would highly recommend it. I've also been spending some time going through the primer courses offered through the Small Business Association website. (Also very helpful for people without much business background)

Anyhow, I was reminded of the importance of putting together a good business plan, so I brushed the dust off my partially completed plan, which I have hardly touched for about a year and started working on it again. I thought I would start with calculating some of the start up costs.

Now, I know, (and I knew) that taiko are expensive, but I don't think I had ever sat down and calculated the total cost in detail, that is, the cost of not only the drums, but of stands, cases and so on. By the way, cases can cost a lot more than you might think. So I compiled a conservative list of what drums we would like to get started and began to add up the cost. In the end, what we want will run around... $80,000! (Any charitable donors out there?) The aspect that does not take into account is shipping the drums from Japan to the US, which, from what I hear, can cost nearly as much as the drums. That is my next on my list of things to research, I guess.

Well, $80,000 is actually a conservative estimate for the drums. It is actually possible that we will end up paying significantly less than that. But even if it is cut in half, that's still $40,000, isn't it. I guess I'll just have to keep putting coins in my piggy bank.