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Some Components From The Plan Include...
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Mission Statement. This section helps you define the general purpose of your music company, stating the main reasons it is in business, while it also serves as a reminder to the public and the employees within your company what you and the founders envision. General business purposes are mentioned here. Yours could be to dominate the Music industry offline and online across the world by producing and promoting high quality entertainment products. You can also add any additional goals for your music company such as becoming active in charitable activities, etc.
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Executive Summary.
This part summarizes the main highlights of your business plan, including what products and services you plan to provide. Important facts such as projected sales and profits, the number of unit sales, profitability and the keys to your companies success are mentioned here. This section also allows you to highlight any important information that you would not want anyone including potential investors to overlook.
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The Management Team.
This component of your record label business plan identifies the individuals operating in key positions within your company, and what their duties and responsibilities will be. In addition here is were that person's educational, business experience, and significant accomplishments will be highlighted which they will in turn bring to the table in order to contribute to the success of your music company.
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Music Industry Analysis.
This provides an overview of the music industry and recent changes, including mentions of digital music sales versus Compact Disc sales, single track downloads versus digital album sales, and other relevant up to date information that is important to be included in your music business plan.
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Marketing & Promotion.
This is an actual blueprint to work from or customize as it presents detailed marketing and promotional strategies from the initial release of music product, to subsequent releases. Some areas covered are promotion to Radio, television and video networks off-line and online with proper timelines and sequence in place, setting up interviews and public performances for the artist in support of the release, up to date strategies for creating demand online and off-line, and more...
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The Financial Plan.
One of the most important components of a Business Plan is The Financial Plan section. This part includes a Projected Balance Sheet with yearly totals, Music Project Production cost sheet, Projected Statement of cash flow, Break Even profit analysis, Use of funds statement, and all other parts that make up a detailed financial plan for your company.
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+ Many Essential Parts That Should Be In Your Music Business Plan Including...
A Mission Statement, Executive Summary, Company Description, Personnel, Recording of the music, Manufacturing, Distributing Off-line, Distributing Online, Marketing and Promotion, Music Videos, Distribution For Other Labels, Merchandising, Concert Promotion, Industry Analysis Of Independent Labels, Music Industry Sales Volumes - CD Versus Digital Sales, Marketing Goals And Objectives, Marketing Promotion Strategy, Radio Promotion, One Year Sales Campaign, Dance Club Promotion, Public Relations, Print Advertising, Charity Involvement, Internet Music Marketing Strategies, Marketing Summary, The Management Team, Marketing And Sales, Publicity, Promotion, Artist Relations Department, Artist And Repertoire Department, Creative Services Department, The Financial Plan, Project Balance Sheet Yearly Totals, Music Project Protection Costs, Projected Statements Of Cash Flow, Projected Balance Sheets, Break Even Profit Analysis, Use Of Funds Statement, And More...
Here's a Small Sample From the
INTERNET MUSIC MARKETING STRATEGIES Section...
In response to the growing popularity and necessity for a presence on the Internet,
[MY RECORD LABEL] will create and design an internet presence for itself. The website will be intended to advertise the company, announce and advertise new releases, sell company products and merchandise, and offer e-mail communication to visitors, customers and fans. Furthermore, visitors to the web site will be able to sample Music and Video clips from our artists. Management has secured a domain name for the site of which the URL is www. [MY RECORD LABEL] .com.
On this website we will create space for each artist signed to the company in order to allow the visitor to learn more about our artists. In addition, each artist will also have their own website allowing for a more intimate experience for the fan.
Blogging
[MY RECORD LABEL] will be setting up a blog for the company, and also for each individual artist. Blogging about our company and our artists will be another ideal way to create new fans and come in contact with people from all parts of the world. Since we will also be discussing certain topics within the genre or the general music industry as a whole, such diverse people who will visit from different countries and cultures may have different viewpoints and will wish to discuss it. Therefore, this will open the opportunity for a great deal of discussion and debate, which in turn will make the blogging site more interactive and sticky as people will more likely come back often.
Continued...
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The Musicians
Upload Directory.
UPDATED FOR 2010
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The Musicians Upload Directory - 2010
Would you rather be promoting your music, or wasting months of your time searching for websites where you can upload and expose your music?
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Inside this directory you will find all the relevant musicians communities, and almost every other music related site you must have your profile on.
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