A Music Business Plan For The Independent Musician - Music., Musician business plan sample

Musician business plan sample

A rookie mistake in music PR is not clearly defining what exactly is being promoted. Vague notions of promoting "the band" lead to vague campaigns that won't click with the journalists , radio producers, and others you'll need to court while promoting your work.

This is not a joking matter. If you don’t take yourself seriously, no one else will, so include pertinent information regarding your music business. Before you complete your plan, make sure you’ve captured the essence of your music business with the same passion you have for your music.

I’m a CPA and a business manager in the music industry, and I have over 20 years of experience. I got the music bug when I was in college at Syracuse University. I was in charge of the finances for the entertainment organization there.

You probably know by now that the web will play a central role in your music marketing plan.  Make sure you have the basic web skills needed to do internet music marketing.

Next, you want to research guerrilla marketing techniques in articles and books written by DIY musicians and music marketers (Google It!).  This gives you a perspective on which music marketing is used,  and what works.

 · The biggest mistake artists make when it comes to procuring financing for their music ventures is the lack of a business plan. Artists and musicians must ...

But to see it right there like that… Man. This poor guy/gal had presumably decided that their career was over and had turned to the web to find a new way to make an “actual” living. It really struck me. It was like watching someone get hit by a bus in a crosswalk that you had crossed just a few seconds earlier. Okay, perhaps it’s not quite as dramatic as all that, but you catch my drift.

The thing is though, it really doesn’t need to be like that…

Writing a business plan may seem daunting at first, but it doesn’t have to be. Even if you limit your plan to both sides of a bar napkin, it is better than not having a plan at all. The purpose is to map out your release from start to finish, so you can avoid any surprises along the way. No matter how much you plan, there will be unexpected events. Writing a plan before you release your record will only minimize these experiences.

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Mt. Hood Records is a Portland based record label for a select group of Portland based bands. Mt. Hood Records has adopted the business philosophy that for long term sustainable growth it will be more successful for the label to sign up just a few bands and promote them equally than to sign up a bunch and hope one is a commercial success, enough to float the rest of the bands. This approach is quite appealing to a few bands. It provides the bands with the intimate and specialized focus of the label. The bands recognizes that fact that this label will be working hard to promote just a few bands, and that they will not be lost in the shuffle.

However, I never provided a sample for two reasons. One, I thought that I might loose business opportunities by providing a sample of a plan that I’ve done. People like to copy plans instead of learning the steps or hiring a business plan writer like myself. Two, because business plans as you will see in the sample below, are confidential. Half of my clients will make me sign a Non Disclosure Agreement and swear me to secrecy for good reason. Luckily for you about a year ago, one rap group from VA gave me the go ahead to publish their plan, but we’ll get to that in a moment.

Are you writing a business plan to show to investors or bankers? Then you need a good executive summary. Many people will read only the summary, no matter what. Others will read the summary first to decide whether or not they read the rest of the plan.

Your plan must be flexible.  This can mean many things. One of them is having the ability to “gradually” decrease the amount of time you spend working on Plan B and increase the time you invest into Plan A!  This can also mean the ability to integrate (leverage) the skills acquired (or the results earned) from Plan B into Plan A.

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In the modern music business there is no longer any reason that people outside of the major label system can’t make the same quality records with well known A-List producers, writers & engineers. If you have great talent or great material and are looking for someone to help you bring that to life  now offers you a solution.

This template is easy to download and print. Each free business plan template is available in Microsoft Word (DOC) format, and many of the Business Plan Forms are available in Excel (XLS) format as well. Just choose a business plan template and download it. Open it in Word or Excel (or another program that can display the DOC or XLS format), edit it, and print your personalized business plan.

Venture capitalists (VCs) will invest in businesses both at start-up and at times when the company needs a cash injection to grow. If you're looking for VC funding, make sure you look for a group that has a history of investing in music-related businesses.

Juanita King began writing in 1971. She holds a master's degree in written communication and a master's degree in human development with a post-master's degree in counseling from National-Louis University.

Musician business plan sample

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Tip Jar: How To Write A Music Business Plan - Music.

A Sample Music Business Plan - MTT - Music Think Tank

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musician business plan sample
musician business plan sample

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