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You Need a Music Business Plan
by JAWAR 
CREATE A MUSIC BUSINESS PLAN
 Your
music business
plan should outline your purpose, goals, missionand objectives for being in business. It should give a time line foraccomplishing certain goals and objectives. Your plan should state howmuch money you need to start (capital investment), how much youneed to stay in business (operational or fixed cost) and the amount of money you’ll generate in gross and net profit (earnings or revenue).
MUSIC BUSINESS TIME LINE
 Your
music business
plan should have a time line for accomplishingvarious goals and objectives and generating certain amounts of money. You’ll want to factor in your time line what to do when your
music business
starts generating more money. Your plan mayinclude penetrating new markets. Meaning you may move in naturalprogression from local to regional, then national to global. You maydecide instead of attempting to reach a global market, it’s better tostay regional, but add new products and services to your
musicbusiness
, in essence becoming a one-stop shop for new and existingclients.
ARE YOU IN THE MUSIC BUSINESS?
By doing the basic things already mentioned you would have donemore than 80% of the people I come in contact with who say they arein “the industry.” These are the same people I see quarter afterquarter at music conferences, music showcases, open mics and
music
COPYRIGHT 2007 Music Industry Connection & JaWar  jawarspeaks.com
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gojawar

http://gomusicconnection.com/

reply11 / 24 / 2009
wscotti217

Our company contacted Yamaha Corporation of America with a comprehensive business plan. We contacted Paul Calvin, Bob Heller and met with Neil Patten of Yamaha. We offered to invest over one million, we owned our land and building, no mortgage. Yet Yamaha never contacted us after our first meeting at our building. We were located within the golden Triangle on the major route of Rte. 114.

11 / 30 / 2009
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