Music studio business plan example

Insurance documents Lease agreement Label a section Business Profile and explain the business end of your recording studio to potential investors, partners and loan officers. Create a new section, People Profiles, and include individual profiles of the people involved with your recording studio. Note their special skills, experience, knowledge or education relating directly to recording or business.

Music studio business plan example

Roles and Responsibilities Chief Executive Office: Produces information by transcribing, formatting, inputting, editing, retrieving, copying, and transmitting text, data, and graphics; coordinating case preparation.

Provides historical reference by developing and utilizing filing and retrieval systems; recording meeting discussions; maintaining transcripts; documenting and maintaining evidence.

Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.

Studio Manager Responsible for tracking hours during studio session and billing clients. Helps to decide the order the songs will play in throughout the album i. Responsible for mixing and producing beats and sounds for our clients; mix the songs into the final version for the music album.

Part of the team responsible for selecting the songs that will be promoted and the songs that will be sold as singles. Admin and HR Manager Responsible for overseeing the smooth running of HR and administrative tasks for the organization Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.

Ensures operation of studio equipment by completing preventive maintenance requirements; calling for repairs. Defining job positions for recruitment and managing interviewing process Carrying out staff induction for new team members Responsible for training, evaluation and assessment of employees Responsible for arranging travel, meetings and appointments Designs job descriptions with KPI to drive performance management for clients Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes Facilitate and coordinate strategic sessions.

Work directly with clients in a non-advising capacity, such as answering questions, scheduling appointments and making sure all training concerns are properly taken care off Oversee the smooth running of the daily office activities.

Marketing and Sales Executive Once the album is ready, then the marketing team will go out to market and promote the album Identifies, prioritizes, and reaches out to new partners, and business opportunities et al Identifies business opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of music projects.

Responsible for financial forecasting and risks analysis. Performs cash management, general ledger accounting, and financial reporting for one or more properties. Our core strength lies in the power of our team and the state of the art recording studio equipment that we have.

We have a team that can go all the way to give our clients value for their money; a team that can produce world class musical sounds.

We are well positioned in the heart of Inglewood, Los Angeles and we know we will attract loads of clients from the first day we open our music production studio for business.

As a new recording studio in Los Angeles, it might take some time for our organization to break into the market and attract some well — established music artists and bigger corporations to record in our studio; that is perhaps our major weakness.

Another weakness is that we may not have the required cash to pump into the promotion our business the way we would want to. The opportunities in the music industry are massive especially in Los Angeles, and we are ready to take advantage of any opportunity that comes our way.

Technology and the internet which of course is a major tool for the advancement and gains achieved in the music industry can also poses a threat to the industry. The truth is that with the advancement of technology, it is now easier for individuals to mix up their sounds and even form soundtracks with the help of music production software applications.

So also, just like any other business, one of the major threats that we are likely going to face is economic downturn. Another threat that may likely confront us is the arrival of a new recording studio or music production company in same location where our target market exist and who may want to adopt same business model like us.

The fact that revenue is nose — diving in the industry does not in a way stop some recording studio companies from declaring profits year in year out. The trend in the recording studio cum music production industry is that most recording studio companies are trying as much as possible to recreate themselves on a regular basis and also to be on top of their game.

Our Target Market When it comes to music recording or music production, there are no exemptions to who you can market your services to. There are loads of people out there who are interested in releasing a single or a full musical album.

There are corporate organizations that would need to services of a standard recording studio companies to help them produce jingles or soundtrack for advertisement and promotion purpose.

There are authors who would need the services of recording studios to help them record their audio books and the list goes on.

Over and above, our target market as a recording studio company cuts across people of different class and people from all walks of life and corporate organizations.

music studio business plan example

In view of that, we have created strategies that will enable us reach out to various corporate organizations and individual who we know will our services.

We have conducted our market research and survey and we will ensure that our recording studio attracts the kind of clients we would love to work with. Below is a list of the people and organizations that we have specifically market our services to; Music Artists.6+ Dance Studio Business Plan Examples – PDF A dance studio is a free space where dancers can rehearse and aspiring dancers can learn.

It refers to a place or a unit that has been specifically built for the purpose of making it an appropriate place for the art.

How to Do a Business Plan for a Recording Studio | Bizfluent

The post above is a recording studio business plan sample. It provides the essential information present in a business plan. And like I mentioned in the beginning of the post, you can use this recording studio business plan sample as a template to create your own.

Starting a Music Recording and Production Company – Sample Business Plan Template. 1. Create Your Business Plan. Now that you have made up your mind to start a music recording and production company, you are expected to sit down and map out strategies on how to a raise start – up capital, how to run the business, as well as how to make .

A Sample Recording Studio Business Plan Template FREE Are you about starting a mobile recording studio? If YES, here is a complete sample music recording studio business plan template & feasibility study you can use for FREE. For Teachers: The Music Teacher Business Plan By Regina Zona | July 2, - am | July 2, Studio Marketing, Teaching Blog.

Have you written a business plan for your studio? You should!

A Sample Recording Studio Business Plan Template FREE

You will also want to come up with a sample weekly schedule for these people and calculate how much money will go out each month to . The business will cater to the needs of all genres of music, and as such, the average customer of the Recording Studio’s services is difficult to categorize.

Competitive Analysis. This is one of the sections of the business plan that you must write completely on .

A Sample Recording Studio Business Plan Template FREE