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Business Plan for

A Producer

Contents
Overview of Business Proposal.................................................................................................................3
Estimate of Personal Worth.......................................................................................................................4
Survival Income.........................................................................................................................................5
BUSINESS P!N....................................................................................................................................."
Nature of Business................................................................................................................................."
#esume of Owners$%ana&ers................................................................................................................"
Short an' %e'ium (erm O)*ectives.....................................................................................................+
%ar,et....................................................................................................................................................+
Premises- e.uipment an' vehicle re.uirements...................................................................................//
Start Up 0osts....................................................................................................................................../1
Investment #e.uire'............................................................................................................................/3
Sources of 2inance............................................................................................................................../4
Overview of Business Proposal
%3 )usiness plan is to )ecome a self4emplo3e' pro'ucer. (o achieve this I will start off )3 creatin&
my own beats using simple equipment I have own including my laptop and Reason software. After I have
Created some beats I will put them onto my sound cloud, Facebook and ou!ube pages as well as using
Instagram and !witter to promote my music also letting people know that if they like the beat I will sell it to them.
"opefully then my music will gain interest as more people buy it and hear about it. !hen once I#ve gathered a
Following for my the music I will use the money I have acquired to buy some new equipment and software
$ecause I would want to keep my music sounding fresh and with the version of reason I have there#s a limited
%ound base. %o for e&ample if I was to buy 'ogic I could continue to produce my own music but with more
(rofessional sounds. !hen slowly if I get to a stage where I#m big I would eventually get my own studio.
Estimate of Personal Worth
If you intend to borrow money to fund the start up of your business you will have to give details of your assets.
!his will enable the lender to gauge your ability to repay any funds lent by them to you.

Property
)alue of house
*
)alue of other property *
Savings/Insurance
%urrender value of insurance policies
+**
Cash in bank,on deposit +*
Other Assets
)alue of car-s.
*
/ther assets *
Total Assets ++*
Liailities
/utstanding mortgage
*
Regular payments *
/ther outstanding loans 01*
$ills currently due for payment *
Total Current Liailities 01*
!sti"ated #et Assets
-!otal assets less total liabilities.
2*
Survival Income
3se the form below to work out how much you and your family need to survive in the ne&t 14 months.
per annu"
!sti"ated !$penditure
5ortgage,Rent * -live with
parents.
Rates and water rates * -live with
parents.
6as, electricity 7 oil * -live with
parents.
All personal 7 property insurance * -live with
parents.
Food, general housekeeping e&penses * -live with
parents.
Clothing 81** -my own
money.
!elephone * -live with
parents.
"ire charges -!), video, etc.. * -live with
parents.
9ntertainment, -meals and drinks. * -live with
parents.
%ubscriptions to associations, :ournals etc., * -live with
parents.
Car ; ta& and insurance * -live with
parents.
Car ; running e&penses * -live with
parents.
Car ; service and maintenance * -live with
parents.
Children#s# e&penditure and presents * -live with
parents.
%avings plans * - live with
parents.
"( repayments * -live with
parents.
/ther -please state * -live with
parents.
Contingencies 84** - from
savings
account.
Su%Total &a' !$penditure 8<**
9stimated Income
Income from family,partner -total.
84** a month
-roughly.
/ther income -please state.
Su%Total &' Inco"e 84**
Total Survival Inco"e
(e)uired in the *ear i+e+ &a' , &'
814**
-Roughly.
BUSINESS PLAN
Nature of Business
a. =etails of trading activities.
1. %tudio leasing can cost in the range of over 81**,*** for basic lease and in 'ondon 8<***pcm rent.
/n the top of these costs you have to consider rates and utility bills. !here well may be an
advantage to the 'ondon location but the costs for a start>up company are unrealistic. .
%ource of information? http?,,www.m:q.co.uk,property,london>w1*>e&clusive>stunning>recording>studio>
leasehold>sale,

b. =ate of commencement
I will start this business by @uly
c. 9&pected date of commencement -new business only.
1
st
%eptember
d. $usiness type -i.e. sole trader, partnership, limited company..
Sole Trader , -or.ing on "y o-n independently+
Partnership working with others would require partnership contracts
Limited company require registering the company house, directorships, issuing of shares
Resume of Owners/ana!ers
a. %hort personal and business background including age, family commitment, qualifications, skills and
e&perience -attach your C)..
I#m 1A. I have reason software on my laptop at home and I have tinkered about with it and made a couple of
beats. I studied the sound and music industry at college. I can play the guitar. I have been in four of the college
theatre productions. I produced a song for one of the college drama productions. I have an A in Art 6raphics
and a $ in =rama
b. Are you employed at present and what is your positionB -Cew business only..
I have a part time :ob and I#m part of a catering team and I work on %aturdays and during term breaks.
c. %pecialist training courses required.
Audio and music production ; it#s at %A9, it#s a 4 year course, it has a 8D*** entry requirement, you need 1A*
3CA% points and a c grade or higher in 5aths and 9nglish
Short an" e"ium #erm O$%ectives
Ehat do you,your business hope to achieve over the ne&t one to three yearsB
!o have established myself as a producer selling my beats to artists and also producing for artists in the studio.
ar&et
a. =escribe the market you aim to trade in
(roducing and selling beats to artists and working with artists to help create their music.
b. =etail your product,service.
A local producer who wishes to work with artists to make their music come to life and sound e&actly how they
want it to.
c. =etails of current competitors
%kulpture is a local drum and bass producer from o&ford and has achieved chart success reaching number +
d. Ehat makes you different from your competitorsB
I will work for nothing to begin with so that I can get my name around and I will meet with the artists in my own
time to talk about the art direction they wish to take their music.
e. =escribe how you plan to sell and promote your product,service.
3sing twitter, Facebook and Instagram and having my own website where I will promote my music. Also on the
web site I will use my art skills to give myself an image so that I#m recognisable
f. Eho are likely to be your ma:or customers, and what indications have you got that they will buy from youB
'ocal artists wanting to break into the industry and the reason why I#m sure they will use me is because they will
recognise I#m a local producer to also wishing to break in the industry
g. Ehat knowledge and e&perience have you of the industry you propose to enterB
At college I am doing a $!9C e&tended diploma in the music industry. I have also done some live performances
as well as studying it in books and magaFines.
Premises' e(uipment an" vehicle re(uirements
Pre"ises
=etails of premises, freehold or leasehold, including internal floor space area, cost of annual rent or
estimated cost or estimated rental and loan finance.
I#m going to convert my garage into a recording studioG I will start by sound proofing all the walls and putting
electrical sockets around the space. In this new studio I will have a mi&ing desk and monitor as well as
speakers. I will put in a desk where I will have a phone.
Plant and fittings
=etails of present plant and fittings including estimated value and hire,lease purchase commitments.
5i&ing desk
%peakers
Computer
(hone
'ights
=esks
Computer chair
/ehicles
=etails of present vehicles including estimated value and hire purchase commitments.
Cone
Start Up )osts
"ow much and on what will you have to spend in order to get started.
0escription Costs
Apple mac,mac pro minimum 0 core, A gig of RA5
Includes 'ogic (ro
82,4<A.DD price from the official Apple site
6enelec A*0*$ (5 Active %tudio 5onitors -(air. 81+0D.** from 9bay
Cative Instruments Homplete D 8<DD.** from http?,,www.dv40I.com,computer>music>
software,native>instruments>komplete>D>>1*+2A4
Total
8 A1A2.DD
Investment Re(uire"
Finance required for capital investment in premises, eg legal costs, surveys, alterations, architects# fees etc.
Finance required for working capital -ie cash to tide you over in the early months of the business.
Finance required for equipment
Type and "a.e of
e)uip"ent
#e-/
Second
hand
Price
Install
Charge
Carriage
Charge /AT Total
Soundproofing
plasteroard
(oc.-ool sound insulation
(esilient ars , to isolate
plasteroard fro" the studs
!lectrical soc.ets and
-iring
Plastering and redecoration
http1//---+soundservice+co
+u./
!sti"ate %
2333
Sources of *inance
/wn Resources ...................................................................................................... 444444344444444
$ank ....................................................................................................................... 44533 &roughly'444444
/ther (rivate %ector ............................................................................................... 4444444none4444444
'oan,Investment ..................................................................................................... JJJJJnoneJJJJJJJJJ
6rant ...................................................................................................................... 44444none444444444
/ther (ublic %ector
-'ocal Authority, 9nterprise Allowance, etc.. .......................................................... 44444none444444444
Total 44444453344444444
Any /ther %ource -specify. 444444none44444444
Total 6inance (e)uired 537333 &roughly'