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30 Digital Record Label Business Plan



Heres how one label did it. An actual business plan you can use to start your business by walt fj.

Music Recording Producer Business Plan Sample Executive Summary

Besides it being a professional record company business plan template you will find it packed with tons of ideas.

Digital record label business plan. Sponsor relevant tv shows and radio programs. Running a record label has always been high risk with an unknown reward. So you want to start your own record label.

This link will take you to our view only business plan on google docs. Maximize our official website to promote our business. Free record label business plan template.

Although many successful record labels started off with someone winging it there are many that fail for that very same reason. This template is designed in professional business plan format and includes components such as a mission statement executive summary company description industry analysis marketing promotion the financial plan and much more. Make sure youre using a desktop computer to easily view edit the template.

Leverage on the internet and social media platforms like. Just click file make a copy to create your own editable version. Labels spend as much as 156 of their revenue on artist developmenta higher percentage than what technology software aerospace healthcare and pharmaceutical industries spend on rd.

It will be a source document for future expansions and a bible that you and your associates will go back to. The business plan continues even after your record label is up and running. Sales fell sharply over the course of the next six years mainly due to the popularity of file sharing on the internet.

When you start your own record label you start with a blank page. Goodridge this is an actual record label business plan you can use as a template to develop a workable plan of action and success for your label. Creating a record label is a business and a full time job.

The term record label is actually derived from the circular label in the centre of a vinyl record and is a brand or trademark involved in the production manufacture distribution and marketing of artists and their music. Record label business plan publicity and advertising strategy place adverts on both print and electronic media platforms. Access your free record label business plan template.

From the music to the branding to the business side you need to get it all right to succeed. This nowadays is not enough we show you the blueprint formula used to create a successful record label. Record business which grossed four billion dollars in 1990 exploded to eight billion dollars in sales by the end of 1995 with a unit volume of 726 million records sold.

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