Arcadia Academy of Music

Finances

200000-400000 35,000 6% 2%

Franschise Details

AB, BC, MB, NB, NL, NW, NS, NU, ON, PE, SK, YT 11 2005 yes

Arcadia Academy of Music

Thank you for your interest in our one-of-a-kind franchise opportunity! More and more people are building a lifestyle around their creative experiences, and as creativity plays a larger role in our day-to-day lives, these experiences become more valued. Thus, the economic benefits of the arts extend beyond the traditional economic factors. The ability to maintain creativity and innovation requires access to a vibrant cultural environment. There have been many studies that have documented the benefits of exposure to different from of arts, and they generally conclude that, as one of the studies states: “people cannot create when they work and live in a culturally sterile environment”. Communities that offer a wide variety of cultural amenities are more likely to attract quality workers. Businesses, too, are starting to recognize the value of an investment in the arts, and more specifically in music. Thus, they often aim to create an office environment that includes music space, aiming not only to influence how their employees work, but also give them a place and chance to unwind.

There is growing understanding that the connection between the arts and the economy and a significant body of statistics has been published regarding the economic impact of Canada’s creative industries. For instance, during the first decade of this millennium, the creative cluster, music included, has emerged as a major and a growing source of GDP for Ontario. The creative industries in Ontario generate $12.2 billion in GDP for Ontario’s economy annually and are number one in Canada by GDP. The creative cluster not only contributes to Ontario’s economic, social and culturally well-being today, but it has the potential to grow at a significant pace in the near future.


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Arcadia Academy of Music