Hood Records music recording producer business plan products and services. Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook ,Twitter, LinkedIn, Badoo, Google+ and other platforms (music online forums) to promote our business. Sample Record Label Business Plan Template #78552, written on Monday, February 21, 2011 6:31:50 PM, in Harlingen, . Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions. Our Head Office will be located in New York City, but we will have our branch offices in major cities in all regions of the United States of America – with the first two years of operation we would have set up our offices in the following locations; Las Vegas, Los Angeles, Dallas, Texas and Boston. Produces information by transcribing, formatting, inputting, editing, retrieving, copying, and transmitting text, data, and graphics; coordinating case preparation. to ensure accurate and helpful information is supplied to clients when they make enquiries, Receives Visitors / clients on behalf of the organization, Receives parcels / documents for the company, Handles enquiries via e-mail and phone calls for the organization, Handles any other duties as assigned my the line manager. Responsible for providing direction for the firm. A music label with a large follower on social media platforms can easily promote artists under their label. In addition, we will also offer special discounted rates to start – ups, nonprofits, cooperatives, and small social enterprises who engage our services to help to produce musical jingles for advert purposes. Our key sustainability and expansion strategy is to ensure that we only hire competent employees, create a conducive working environment and employee benefits for our staff members. List of Equipment Needed to Start a Record Label, BUSINESS GROWTH: Sustainability and Expansion Strategy, How Non Profit Organizations Benefit the Society/Community, Setting up of Recording Studios for Clients, Our vision is to help upcoming music artists to become stars and to help established music artists to become mega – super stars. Responsible for financial forecasting and risks analysis. Dexterity® Record Label Company is to become a specialist in turning upcoming musical artists into starts / celebrities and already made music artists / starts into mega – super stars. The promotion and marketing facets of the record business are vital to REC's overall success. Dexterity® Record Label Company is going to offer varieties of services within the scope of the music industry in the United States of America. For mixer, we will opt for the Euphonix or any other brand of our choice. This could include a front cover, contents page, detailed charts and forecasts, as well as a clear and inspirational executive summary or mission statement at the very beginning. We are coming into the industry with a business concept that will enable us work with both established music artists and upcoming music artists in the United States and in other countries of the world. Helps to decide the order the songs will play in throughout the album (i.e. The internet and social media platforms now makes it pretty easier for record labels both legally registered and un – registered to promote their company and attract new artist as well. The opportunities in the music industry are massive and we are ready to take advantage of any opportunity that comes our way. Offer Pro Bono services as part of our community social responsibility (Organize community based musical talent hunt shows), Ensure that our banners are well positioned during our musical tours, Brand all our official cars / buses and ensure that our trademark label is boldly printed in all our music album covers and CDs et al, Reference monitors, which are loudspeakers with a flat frequency response, Outboard effects, such as compressors, reverbs, or equalizers, The Total Fee for incorporating the Business in New York –, The budget for Liability insurance, permits and license –, The Amount needed to acquire a suitable Office facility with enough space for standard music studio in a business district 6 months (Re – Construction of the facility inclusive) –, The Cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) –, The cost for equipping the music studio with the required gadgets –, The Cost of Launching your official Website –, Budget for paying at least 5 employees for 3 months and utility bills –, Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) –, Generate part of the start – up capital from personal savings, Source for soft loans from family members and friends. People outside that age bracket are either too old to start pursuing a music career or they are too young to consider pursuing a career as a musician. Solve math problems college algebra funny college homework images. We have been able to work with brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. Responsible for recording and producing music and jingles for music artists and clients. This duo have been able to cut their teeth in the musical industry both at national level and international level. Below for a sample record label business plan. They have appreciable year of experience working with some of the leading international record label companies in the United States of America prior to start their own record label company. The level of competition in the record label industry is on the increase as the years roll by. Record Label Marketing offers a comprehensive look at the inner workings of record labels, showing how the record labels connect commercial music with consumers. You could budget and spend millions of dollars, or you could choose to spend moderately; far below a million dollar. Our mission as a record label is to build a business that will help our clients achieve their highest dreams within the shortest time possible and to be listed amongst the top 10 record label companies in the world. Entrepreneurs who are venturing into the music industry are coming in with creativity and good business skills. These corporations control over 87% of the CD sales in this country. Sample business plan for a record label. All you need to do is to strategically position your record label brand on the internet. They are the group of people that are that are ready to music career. We are quite aware that record label / music business requires huge capital base- especially for the purchase of world – class studio equipment and music / artist promotion, which is why we have perfect plans for steady flow of cash from private investors who are interested in working with us. Responsible for mixing and producing beats and sounds for our clients; mix the songs into the final version for the music album. Are you a music lover? Below for a sample record label business plan. Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. Many thanks to the internet that has made the world a global village. Owning a record label is basically about helping recording artists release their music album or singles to the general public and the process starts with agreeing on a deal or contract and then writing out the music lyrics before entering the studio to start work. Hood Records is a new, Portland, Oregon based record label. Sources of Income; Dexterity® Record Label Company is established with the aim of maximizing profits in the music industry and we are going to go all the way to ensure that we do all it takes to attract music artists that will sign under our record label. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade your browser. Explain to them the type of record label business you are operating and the status; for example, are you a startup or do you have a record label that you would like to grow. This is why upcoming artistes or music band sourced for good recording label to sign a contract with. Over and above, our target market cuts across people of different class and people from all walks of life. Responsible for overseeing the smooth running of HR and administrative tasks for the organization. When it comes to acquiring a computer, we just have to budget for high end computer designed for such purpose. When it comes to music, there are no exemptions to who you can sell to. Well it is important to note that most upcoming artistes or even establish artists ensures that they engage the services of an entertainment lawyer to help them negotiate the terms and condition of the contract. Make your plan look and feel professional. In between the sentences you will find sections such as [$xx.xx] or [Name] etc. If YES, here is a complete sample record label business plan template & feasibility report you can use for FREE. Academia.edu no longer supports Internet Explorer. Here are the payment options that we will make available to our clients; In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches. Responsible for managing the company’s recording studio. We know that if we continue to produce hit songs and albums, there will be steady flow of income for the organization. The company plans to produce artists on four separate record labels. Our intention of starting our record label company is to make profits from the music industry and we will do all that is permitted by the law in the US to achieve our aim and ambition. As a new record label company, it might take some time for our organization to break into the market and attract some well – established music artists to sign under our label; that is perhaps our major weakness. This goes to show that any record label that is known to always produce good music will continue to attract talented music artists and that will sure translate to increase in revenue generation for the record label. the songs’ track numbers). 8% of the sales are controlled by Indie record labels, a less commercial version of the large corporations. We are aware that when one commences a record label, the profits might not come in immediately, but if there is continuity in the business, it wouldn’t be too long before one gains fame and fortune. Part of the factors that can influence the start – up cost of a record label is the amount needed to rent or lease a facility, the cost of the equipment you would need and the money needed to brand your business et al. It's fast and easy, with LivePlan. Watch Queue Queue. Our aim of starting this business is to work in tandem with both established and upcoming music artist in the United States of America and other countries of the world to help to launch their musical career or take their musical career to the next level as the case maybe. Hence it is no surprise that the top three record labels who dominate the music industry in the globe are all headquartered in The United States of America. Business Proposal For A Record Label. Fearless is a record label that strives to create equal opportunity for female artists in the music industry. The business proposal for record label document is a plan that shows how you can make money with a record label that signs, records, and promotes new acts, typically within one or two defined musical genres and within one region of the world. List our business on yellow pages ads (local directories), Attend relevant international and local music expos, seminars, and concerts et al, Create different packages for different category of music artists (clients) in order to work with their budgets and still produce top notch music for them, Leverage on the internet to promote our business and to sell or music, Encourage word of mouth marketing from our loyal and satisfied clients, Place adverts on both print and electronic media platforms, Sponsor relevant TV shows and radio programs, Maximize our official website to promote our business. All it takes to gain recognition in the music industry is to nurture a world – class music artist under your label. 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. Responsible for tracking hours during studio session and billing clients. On more serious note, starting your own record label is to a large extent dependent on your preference and budget. Take for example a grant proposal created by an individual or an entity to convince an institution to fund a project to address issues in a community. We can confidently say that we have a robust financial standing and we are ready to take on any challenge that we encounter in the industry. Oversee the smooth running of the daily office activities. We know that if we implement our business strategies, we will grow our record label / music business beyond New York City, New York to other states in the U.S in record time. Well, there is no need to worry. Dexterity® Record Label Company is a standard record label company that proposes to be based in 500 Madison Avenue New York, NY 10011, USA. The retail record industry is dominated by a few large corporations. This video is unavailable. Record Label Business Plan – Financial Projection Sample. The remaining 5% is a hodge podge of record labels. Dexterity® Record Label Company might be a new entrant into the record label / music industry in the United States of America, but we are coming into the industry with core professionals and of course a standard world – class recording studio with the best equipment in the industry. All they need to do is to release free downloads on their website. We will ensure that we hire competent hands to help us build the business of our dream. The global revenue of the music industry is estimated at 15 billion U.S. dollars in 2013, and that is about the lowest revenue recorded since 2002; of course it is an indication that the record label industry needs to become more creative and leverage on the changing tides in the world of technology. We are mindful of the fact that there is stiffer competition amongst record labels in the United States of America; hence we have been able to hire some of the best business developer to handle our sales and marketing. Advertise our business in relevant magazines, newspapers, TV stations, and radio station. The Record Company Music Label business plan startup and operating course, provides an extensive set of template, example and sample documents for starting and running a Record Company Music Label business and contains lectures on how to customize them. Responsible for choosing top notch album cover for music artists. If you are an entrepreneur and you love music, one of the easiest ways of making money from the music industry is to start your own music label; and the truth is that it is not difficult to start your own music label from the scratch in any part of the world. The more time you spend on the studio, the more money you would have to pay. Even the strong growth in streaming revenues was not enough to stop the music industry globally from experiencing income dropping below US $15bn for the first time in recent years in 2014. You can download the paper by clicking the button above. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Dexterity® Record Label Company; Our core strength lies in the power of our team and the state of the art music studio equipment that we have. It is easier for a record label to attract influx of upcoming artists if the record label is well established and recognized. As part of our plans to make artists under our label and our customers our number one priority and to become one of the leading record label company in New York City, we have perfected plans to work with our clients to deliver music projects that can favorably compete with the best in the industry at an affordable and reasonable price, within the stipulated completion date barring any unforeseen circumstance and also to help artistes under our record label gain international recognition within a short period of time. All these will be needed to be a part of the company setup. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. The factors that is responsible for encouraging entrepreneurs to start their own music recording label is the fact that they can easily become an instant celebrity on the global stage if they can successfully produce a world class music artist. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. Understand your market. The Evolution of Business Models and Marketing Strategies in the Music Industry, NAVAL POSTGRADUATE SCHOOL MONTEREY, CALIFORNIA MBA PROFESSIONAL REPORT Business Plan for the JABEZ Records, Selling Out: Musicians, Autonomy, and Compromise in the Digital Age, The forms of value creation in music intermediaries-Intermediation and disintermediation in the music industry. Dexterity® Record Label Company will at all times demonstrate her commitment to sustainability, both individually and as a record label, by actively participating in our communities and integrating sustainable business practices wherever possible. It is important for computer to have a very large memory, high end graphic card, and 2.6 GHz quad core processor and we will search for good software to work with. Our sales and marketing team will be recruited based on their vast experience in the music industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. The music label will help promote the recording artist and the recording artist also will give publicity to the record label. Both of the will be the financial of the business, but may likely welcome other partners later which is why they have decided to restrict the sourcing of his start – up capital to 3 major sources. When you set up the structure and take the time and steps to put those plans in place from the beginning, you will have a … Dexterity® Record Label Company will generate income by offering the following services; One thing is certain when it comes to music; music never dies and the demand for good music will continue to grow. Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries. The trend in the music industry is that most recording label companies are now leveraging on the internet to spread their tentacles and increase their revenues; they know that it pays not to concentrate only in the U.S. market. In recent time in the music industry, a larger percentage of recording artists have become increasingly dependent on record labels to promote them and increase their consumer base. 12 stereo pairs minimum. Our business goal is to grow our record label to become one of the top 10 record label company in the United States of America, which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the U.S but in the world stage as well. Provision for a Yamaha monitor ; it is easier for businesses to survive when they have steady of. Of our choice and more securely, please take a few seconds to upgrade your browser far away South.. 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