Are you about starting a music production business? If YES, here’s a complete sample music production business plan template & feasibility report you can use for FREE to raise money.
If you are conversant with the trend on how people become celebrities overnight, you will realize that releasing a music album that is widely accepted, is one of the ways youths and young adults carve a niche in the world today. Of course, good music recording and production companies always play a part in making celebrities and super stars out of ordinary folks who are gifted with singing.
If you have ears for good music and you have what it takes to mix sounds to produce music that can be widely accepted, then you should consider starting your own music recording and production company.
Although starting a music and production company requires moderate start – up capital, but it is indeed a very profitable venture to go into especially if you live in an urban area, where the demographic composition has enough young adults within the age range of 16 – 35 years.
These set of people are ready to do anything to hit the limelight; and music is one of the avenues for them to make their millions and by extension become famous.
Much more than being skilled in mixing sounds, and also having the required capital to set up a music recording studio, you would also need to be socially inclined if you must truly do well in this kind of industry. You should be able to go all the way to promote artiste that signs under your recording label.
The truth is that, once you are able to raise one celebrated music superstar under your label, you will struggle less to have artiste to work with. As a matter of fact, you will be screening artiste so that you can work with only the best.
Now that you have made up your mind to start a music recording and production company, you are expected to sit down and map out strategies on how to a raise startup capital, how to run the business, as well as how to make profits. That is basically what your business plan document should contain.
A Sample Music Production Business Plan Template
1. Industry Overview
Music production business is without a doubt a thriving business that has loads of players making huge profits from the industry.
One thing is certain, if a music production company can successfully produce a major hit song / album, it wouldn’t be too long before musicians and corporate organizations (for commercials and jingles) come calling from all over the united states and beyond.
Statistics has it that the global revenue of the music industry is estimated at 15 billion U.S. dollars in 2013, and that is about the lowest revenue recorded since 2002; of course it is an indication that the record label industry need to become more creative and leverage on the changing tides in the world of technology.
Even the strong growth in streaming revenues was not enough to stop the music industry globally from experiencing income dropping below US $15bn for the first time in recent years in 2014.
Statistics also has it that in 2013 the three largest markets in the music industry, measured by the revenue they generated were the United States of America, Japan and Germany. Hence it is no surprise that the most of the leading music production company who dominate the music industry in the globe are all headquartered in The United States of America.
Recent statistics from the IFPI revealed that overall global music production industry revenues dipped by just 0.4% last year – but that was enough to pull the annual tally down from $15.03bn to $14.97bn.
The biggest offenders for the fall were an 8.1% decline in revenues from physical format sales (to around $6.89bn, according to MBW calculations) and an 8.0% decline in download sales (to around $3.56bn).Single track downloads declined by 10.9% in the year, while digital albums sales saw revenues drop by 4.2%.
The Music production industry is indeed witnessing a steady growth over the years especially in developed countries such as the United States. Though for some underdeveloped countries where piracy is still on rampage, the growth is a bit redundant.
One good thing about starting a music production business is that even if you decided to start it in the United States of America, your market will not be restricted to artists in the U.S.; the world will be your target market. Many thanks to the internet that has made the world a global village.
All you need to do is to strategically position your music production brand on the internet and you will be amazed at the rate people interested in producing their music will be calling you from all parts of the world.
2. Executive Summary
Clarkson Magic Finger® Music Production Company is a new player in the music industry that will be based in Los Angeles – California, U.S.
Our aim of starting this business is to work in tandem with both established and upcoming music artist and record labels in the United States of America and other countries of the world to help them produce good music that can compete with the best in the industry.
Although we intend starting out in Los Angeles – California, but we plans to have active presence in major cities both in the East Coast and the West Coast; we will position our agents to in strategic cities in the United States to help us source for music production deals.
Clarkson Magic Finger® Music Production Company is not just going engage in music production, but we will ensure that we play our part in marketing and promoting any musical album that we produced.
Part of our plans is to work towards becoming one of the leading music production companies in the whole of Los Angeles and in the nearest future compete with the leaders in the music production line of business not only in the United States but also in the global stage.
We are quite aware that starting a standard music production business from the scratch requires huge capital base especially for the purchase of world – class studio equipment (music production gadgets), which is why we have perfect plans for steady flow of cash from private investors who are interested in working with us.
We can confidently say that we have a robust financial standing and we are ready to take on any challenge that we encounter in the industry. Our workforce is going to be selected from a pool of talented and highly creative people with ears for good music in and around Los Angeles – California and also from any part of the United States.
We will make sure that we take all the members of our workforce through the required trainings that will position them to meet the expectation of the company and to compete with other players in the United States and throughout the globe.
At Clarkson Magic Finger® Music Production Company our client’s best interest come first and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.
We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.
Clarkson Magic Finger® Music Production Company will be owned majorly by Clarkson Dempsey and Bradley Jacksons. Clarkson Dempsey has an MBA from University of California while Bradley Jackson is a certified SOUND engineer.
This duo has been able to cut their teeth in the musical industry both at national level and international level. They have appreciable year of experience working with some of the leading international music production companies in the United States of America prior to start their own music production company.
3. Our Products and Services
Clarkson Magic Finger® Music Production Company is going to offer varieties of services within the scope of the music industry in the United States of America. Our intention of starting our music production company is to make profits from the music industry and we will do all that is permitted by the law in the US to achieve our aim and ambition. Our business offering are listed below:
- Music Recording
- Music Video Shoots
- Sound Production
- Studio Session
- Production of Jingles and Soundtracks for Organizations
- Marketing and Sales Music
- Setting up of Recording Studios for Clients
- Production of Audio Books
- Sell of Musical Equipment
- Music / Sound Consultancy and Advisory Services
4. Our Mission and Vision Statement
- Our vision is to become one of the top 10 music production company in the United States of America.
- Our mission is to build a music production company that will become the number one choice for both music artists and publicity and advertising agencies especially those that are involved in the production of jingles and soundtracks
Our Business Structure
The fact that we are set to compete with other leading music production companies in the United States of America means that we must build a business structure that can support our business goal. We will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders (the owners, workforce, and customers).
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. Below is the business structure that we will build Clarkson Magic Finger® Music Production Company;
- Chief Executive Officer
- Entertainment Lawyer / Legal Secretary
- Studio Manager
- Music / Record Producer
- Sound / Recording Engineer
- Admin and HR Manager
- Marketing and Sales Executive
- Accountant
- Front Desk Officer
5. Job Roles and Responsibilities
Chief Executive Office:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
- Responsible for providing direction for the business
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
Entertainment Lawyer / Legal Secretary
- Responsible for drawing up contracts and other legal documents for the company
- Advise artists and the organization accordingly before producing their music album or singles
- Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
- Produces information by transcribing, formatting, inputting, editing, retrieving, copying, and transmitting text, data, and graphics; coordinating case preparation.
- Provides historical reference by developing and utilizing filing and retrieval systems; recording meeting discussions; maintaining transcripts; documenting and maintaining evidence.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Studio Manager
- Responsible for tracking hours during studio session and billing clients.
- Responsible for managing the company’s recording studio
- Part of the team responsible for selecting the songs that will be promoted and the songs that will be sold as singles.
- Handles any other responsibility as assigned by the Chief Executive Officer
Music / Record Producer
- Responsible for recording and producing music and jingles for music artists and clients
- Part of the team responsible for selecting the songs that will be promoted and the songs that will be sold as singles.
- Help decides the order the songs will play in throughout the album (i.e. the songs’ track numbers).
- Responsible for choosing top notch album cover for music artists
- Handles any other responsibility as assigned by the Chief Executive Officer
Sound / Recording Engineer
- Responsible for handle any sound related job for the company; helps achieve certain specific sounds or feelings to portray through that matches with the lyrics.
- Responsible for mixing and producing beats and sounds for our clients; mix the songs into the final version for the music album.
- Part of the team responsible for selecting the songs that will be promoted and the songs that will be sold as singles.
Admin and HR Manager
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
- Ensures operation of studio equipment by completing preventive maintenance requirements; calling for repairs.
- Defines job positions for recruitment and managing interviewing process
- Carries out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Responsible for arranging travel, meetings and appointments
- Designs job descriptions with KPI to drive performance management for clients
- Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
- Facilitates and coordinate strategic sessions.
- Works directly with clients in a non-advising capacity, such as answering questions, scheduling appointments and making sure all training concerns are properly taken care off
- Oversees the smooth running of the daily office activities.
Marketing and Sales Executive
- Once the album is ready, then the marketing team will go out to market and promote the album
- Identifies, prioritizes, and reaches out to new partners, and business opportunities et al
- Identifies business opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of music projects.
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients and music artists
- Develops, execute and evaluate new plans for expanding increase sales
- Documents all customer contact and information
- Represents the company in strategic meetings
- Helps increase sales and growth for the company
Accountant
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
- Responsible for financial forecasting and risks analysis.
- Performs cash management, general ledger accounting, and financial reporting for one or more properties.
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
- Handles all financial transactions for the company
- Serves as internal auditor for the company
Client Service Executive
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Manages administrative duties assigned by the manager in an effective and timely manner
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
Front Desk Officer
- Receives Visitors / clients on behalf of the organization
- Receives parcels / documents for the company
- Handles enquiries via email and phone calls for the organization
- Distributes mails in the organization
- Handles any other duties as assigned my the line manager
6. SWOT Analysis
Clarkson Magic Finger® Music Production Company engaged the services of a core professional in the area of music consulting and business structuring to assist the organization in building a standard music production company that can favorably compete with other leading music production companies in the United States of America.
Part of what the business consultant did was to work with the management of the company in conducting a SWOT analysis for Clarkson Magic Finger® Music Production Company. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Clarkson Magic Finger® Music Production Company;
- Strength:
Our core strength lies in the power of our team and the state of the art music studio equipment that we have. We have a team that can go all the way to give our clients value for their money; a team that can make produce world class musical sounds.
We are well positioned and we know we will attract loads of clients from the first day we open our music production studio for business.
- Weakness:
As a new music production company, it might take some time for our organization to break into the market and attract some well – established music artists to sign under our label; that is perhaps our major weakness. Another weakness is that we may not have the required cash to promote our business the way we would want to.
- Opportunities:
The opportunities in the music industry are massive and we are ready to take advantage of any opportunity that comes our way.
- Threat:
Technology and the internet which of course is a major tool for the advancement and gains achieved in the music industry can also poses a threat to the industry. The truth is that with the advancement of technology, it is now easier for individuals to mix up their sounds and even form soundtrack with the help of music production software applications.
So also, just like any other business, one of the major threats that we are likely going to face is economic downturn. It is a fact that economic downturn affects purchasing / spending power. Another threat that may likely confront us is the arrival of a new music production company in same location where our target market exist and who may want to adopt same Business model like us.
7. MARKET ANALYSIS
- Market Trends
Entrepreneurs that are venturing into the music industry are coming in with creativity and good business skills. The fact that revenue is nose – diving in the industry does not in a way stop some music production companies from declaring profits year in year out.
The trend in the music production industry is that most music production companies are trying as much as possible to recreate themselves on a regular basis and also to be on top of their game. This is so because it is easier to find music mixer or music production software applications that a rookie can make use of to produce good sound.
8. Our Target Market
When it comes to music production, there are no exemptions to who you can market your services to. There are loads of people out there we are interested in releasing a single or a full musical album. There are corporate organizations that would need to services of a standard music production companies to help them produce jingles or soundtrack for advertisement and promotion purpose.
There are authors who would need the services of music Production Company to help the produce audio books and the list goes on. Over and above, our target market as a music production company cuts across people of different class and people from all walks of life and corporate organizations.
In view of that, we have created strategies that will enable us reach out to various corporate organizations and individual who we know will our services.
We have conducted our market research and survey and we will ensure that all our music production company is well accepted in the marketplace. Below is a list of the people and organizations that we have specifically market our services to;
- Music Artists
- Record Labels
- Advertising Agencies
- Corporate Organizations
- Churches
- Radio and TV stations
Our Competitive Advantage
We not unaware of the point that there are stiffer competition in the music production industry in the United States of America, hence we have been able to hire some of the best business developer to handle our sales and marketing.
Clarkson Magic Finger® Music Production Company might be a new entrant into the music industry in the United States of America, but we are coming into the industry with core professionals and of course a standard world – class recording studio with the best equipment in the industry.
Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups music production companies) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Clarkson Magic Finger® Music Production Company is established with the aim of maximizing profits in the music industry and we are going to go all the way to ensure that we do all it takes to attract music artists that will sign under our record label. Clarkson Magic Finger® Music Production Company will generate income by offering the following services;
- Music Recording
- Music Video Shoots
- Sound Production
- Studio Session
- Production of Jingles and Soundtracks for Organizations
- Marketing and Sales Music
- Setting up of Recording Studios for Clients
- Production of Audio Books
- Sell of Musical Equipment
- Music / Sound Consultancy and Advisory Services
- Sell of Musical Equipment
- Music Consulting Services
10. Sales Forecast
One thing is certain when it comes to music; music never dies and the demand for good music will continue to grow. This goes to show that any music production company that is known to always produce good music will continue to attract talented music artists and that will sure translate to increase in revenue generation for the business.
We are well positioned to take on the available market in the U.S. and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond Los Angeles – California to other cities in the U.S. and even the global market.
We have been able to critically examine the music production market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Los Angeles – CA.
Below is the sales projection for Clarkson Magic Finger® Music Production Company, it is based on the location of our business and other factors as it relates to record label start – ups in the United States;
- First Year-:$100,000
- Second Year-: $250,000
- Third Year-: $750,000
N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same music production services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
Music production business is not a business that you have to retail products, which is why we must do all we can to maximize any opportunity that comes our way. Our sales and marketing team will be recruited based on their vast experience in the music industry and they will be trained on a regular basis, so as to be well equipped to meet their targets and the overall goal of the organization.
We will also ensure that our excellent music production / top class music speaks for us in the market place; we want to build a standard music production company that will leverage on word of mouth advertisement from satisfied clients / artists.
Our business goal is to grow our music production company to become one of the top 10 music production companies in the United States of America, which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in the U.S but in the world stage as well.
Clarkson Magic Finger® Music Production Company is set to make use of the following marketing and sales strategies to attract clients;
- Introduce our business by sending introductory letters alongside our brochure to organizations and key stakeholders in the music industry in Los Angeles and other parts of the U.S.
- Advertise our business in relevant entertainment magazines, newspapers, TV stations, and radio station.
- List our business on yellow pages ads (local directories)
- Attend relevant international and local music expos, seminars, and concerts et al
- Create different packages for different category of music artists, authors and corporate clients in order to work with their budgets and still produce top notch music, jingles, audio book and soundtrack for them
- Leverage on the internet to promote our business
- Engage in direct marketing approach
- Encourage word of mouth marketing from our loyal and satisfied clients
11. Publicity and Advertising Strategy
We have been able to work with brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.
We are set to take the music industry by storm which is why we have made provisions for effective publicity and advertisement of our music production company. Below are the platforms we intend to leverage on to promote and advertise our music production company;
- Place adverts on both print and electronic media platforms
- Sponsor relevant TV shows and radio programs
- Maximize our official website to promote our business
- Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook ,Twitter, LinkedIn, Badoo, Google+ and other platforms (music online forums) to promote our business.
- Offer Pro Bono services as part of our community social responsibility
- Ensure that our we position our banners and billboards in strategic positions all around Los Angeles – CA
- Brand all our official cars / buses and ensure that our trademark label is boldly printed in all our music album covers and CDs et al
12. Our Pricing Strategy
It is important to point out that, though, music studio charge by the hour so it is the responsibility of the music producer to ensure that set target are met within the stipulated time. The more time you spend on the studio, the more money you would have to pay.
No doubt, hourly billing for music studios is a long – time tradition in the industry. However, for some types of music / record contracts, flat fees are adopted.
As a result of this, Clarkson Magic Finger® Music Production Company will charge our old clients (artists) a flat fee and charge new clients (new music artists) hourly when they make use of our music studio to record their music or produce music beats for their albums.
At Clarkson Magic Finger® Music Production Company we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to start – ups, nonprofits, cooperatives, and small social enterprises who engage our services to help to produce musical jingles for advert purposes.
- Payment Options
At Clarkson Magic Finger® Music Production Company, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them. Here are the payment options that we will make available to our clients;
- Payment by via bank transfer
- Payment via online bank transfer
- Payment via check
- Payment via bank draft
- Payment with cash
In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.
13. Startup Expenditure (Budget)
The cost of setting up a music production business to a larger extent has reduced from what it used to be; many thanks to the advancement of technology and perhaps the internet. These days it is now easier to see people set up a music production studios in their house. All they need to do is to register a business and set up a mini studio is their apartment!
Basically, it is not expensive starting a music production company in the United States of America except for the prices of setting up a standard studio. The amount required to start a music production company may vary slightly from country to country and from states to states.
Part of the factors that can influence the start – up cost of a music production company is the amount needed to rent or lease a facility, the cost of the equipment you would need and the money needed to brand your business et al.
When it comes to purchasing microphones and headphones, we will go for Neumann u87; it will cost us about $2000 or more. For mixer, we will go with Euphonix or any other brand of our choice. But Euphonix is great (especially with is sweet sounding preamp and on board compressors).
It will cost us about $30,000 or more. On the alternative, we can choose to go for purely digital and skip the mixer altogether. This means that we will need a good audio interface with multiple inputs. 12 stereo pairs minimum. The emu 1820m is a good one.
Then cables (nothing else but mogami cables. these are the best audio cable in the market for now; although we may explore other options). We would need to create budget for pre amp. Avalon is perhaps our best bet and we can get it for about $2500 or less.
We have also prepared a good budget for monitor; monitor is one of the most important gadgets we would need in starting our own record label and record studio. We have made provision for a Yamaha monitor; it is simply one of the best we can get in the market.
When it comes to acquiring a computer, we just have to budget for high end computer designed for such purpose. It is important for computer to have a very large memory, high end graphic card, and 2.6 GHz quad core processor and we will search for a good software to work with. Essentially, this is the area we are looking towards spending our start – up capital on;
- The Total Fee for incorporating the Business in Los Angeles, California – $750.
- The budget for Liability insurance, permits and license – $2,500
- The Amount needed to acquire a suitable Office facility with enough space for standard music studio in a business district 6 months (Re – Construction of the facility inclusive) – $40,000.
- The Cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $2,000
- The cost for equipping the music studio with the required gadgets – $100,000
- The Cost of Launching your official Website – $600
- Budget for paying at least 5 employees for 3 months and utility bills – $100,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500
- Miscellaneous – $1,000
Going by the report from the research and feasibility studies, we will need about $300,000 to set up a medium scale but standard music production company in the United States of America. Here are some of the key equipment and musical gadgets that we would need to set up our record label company;
- Headphones
- Mixing console
- Multi – track recorder
- Microphones
- Reference monitors, which are loudspeakers with a flat frequency response
- Keyboard
- Acoustic drum kit
- Digital audio workstation
- Music workstation
- On Air or Recording Light
- Outboard effects, such as compressors, reverbs, or equalizers
- DE-essers
- Cables
- Pre amps
- Computers
- Audio interfaces
- Monitors
- Software
- Effects racks
- CD duplicator
- CD printer
- Supply of CD
Generating Funding / Startup Capital for Clarkson Magic Finger® Music Production Company
Clarkson Magic Finger® Music Production Company is going to start as a private business that will be solely owned by Clarkson Dempsey and Bradley Jacksons.
Both of them will be the financial of the business, but may likely welcome other partners later which is why they have decided to restrict the sourcing of his start – up capital to 3 major sources. These are the areas we intend generating our start – up capital;
- Generate part of the start – up capital from personal savings
- Source for soft loans from family members and friends
- Apply for loan from my Bank
N.B: We have been able to generate about $100,000 (Personal savings $60,000 and soft loan from family members $40,000) and we are at the final stages of obtaining a loan facility of $200,000 from our bank. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
It is easier for businesses to survive when they have steady flow of business deals / customers patronizing their products and services. We are aware of this which is why we have decided to offer a wide range of music production related services and also to work with music artists, corporate organizations and authors.
We know that if we continue to produce hit songs, albums, audio books, soundtrack and jingles, there will be steady flow of income for the organization. Our key sustainability and expansion strategy is to ensure that we only hire competent employees, create a conducive working environment and employee benefits for our staff members.
We know that if we implement our business strategies, we will grow our music business production business beyond Los Angeles – California to other states in the U.S in record time.
Check List / Milestone
- Business Name Availability Check:>Completed
- Business Incorporation: Completed
- Renting of Office Facility: Completed
- Building of Music Studio: In Progress
- Intellectual Property Protection and Trademark: Completed
- Opening of Corporate Bank Accounts various banks in the United States: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of All form of Insurance for the Business: Completed
- Conducting Feasibility Studies: Completed
- Generating part of the start – up capital from the founder: Completed
- Applications for Loan from our Bankers: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents: In Progress
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
- Recruitment of employees: In Progress
- Purchase of the Needed studio / musical gadgets, furniture, office equipment, electronic appliances and facility facelift: In progress
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Establishing business relationship with key players in the industry: In Progress