If you are looking to start a Record Label, in order to operate a SERIOUS Music Business, you will need a document that summarizes the operational and financial objectives of your business, and also one that contains the detailed plans and budgets showing how your objectives are to be realized! In plain English, it is extremely important that you possess a well written business plan that shows not only you, but also potential funding sources that you have carefully thought out how you plan to operate in order to make your Music Business venture a SOLID SUCCESS!
There are two types of musicians. The one who spends his evenings writing songs, (when he is not to tired from working all day at his real job) and possibly even records an album or two. This musician lives on the idea that one day, one of his songs that he pesters his facebook friends with, will all of a sudden magically go viral online, and he will end up on all the TV talk shows. From there he will be signed to a label, and the business end of things will be handled by hundreds of people who will be ready to wait on him hand and foot. Then there's the serious musician who plans to go into the business of selling records, and intends to make a full time living out of it. This Music Entrepreneur realizes that he needs a Business Plan. But not just any Business Plan, he needs a plan that is tailored toward the Music Industry as it is today. The Record Label Business Plan has been for many years an essential tool for thousands of serious music entrepreneurs who decided to take their music serious, and to the next level by starting to plan their next...
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