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345 Business Plan For Dan Masquelier April 23rd, 2007 MUSC 345 - Audio Recording II
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Why am I in Recording Arts? ● To learn everything I can about Media Production. ● To be the most efficient and skilled employee in the future studio(s) I work at. ● This program was my choice because of: Realistic environment Realistic situations Realistic equipment ● I feel that I will be prepared for almost any task upon graduation.
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Skill Analysis ● Technical PC/Mac/Linux ● Audio Good Ears, Signal- Flow, App knowledge, Techniques, etc... ● Musician Guitar, Violin, Bass, Vocals, etc... ● Video Editing FCP,Vegas,etc., Special Effects AE, A/V, Camera Operation ● Web Design HTML/CSS, PHP, Flash/Actionscript, Javascript ● Graphic Design Photoshop, Illustrator, etc...
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What do I have to offer? ● One-stop-shop for media production: Audio Engineering Film Post-production Web Design for any type of client Logo Design for any type of client Musician for hire Computer Tech
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What do I need to Strengthen? ● Social Skills Networking/making contacts Face to Face ● Business Skills My only business has been Freelance, under- the-table work. Not up with Legal Issues.
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My Goal (for this particular project) ● Earn Money through Web Design Projects ● Save profits for Recording Studio construction ● Build Studio ● Make Studio Profitable
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Website Turnoffs
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Achieving Goal: Web Design ● Industry Analysis- Web Identity becoming extremely important Most Studio Websites Suck Most Bands only utilize Myspace ● Low quality portfolio ● Limited features ● Everyone else has one Band Avg Life - 4 Years ● My Plan - Contact Studios & Negotiate Design/Redesign Make contacts, potential assistant engineering jobs Take band lists, contact bands for Design/Redesign Save contacts for future recording
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● $150-$400 + for full site design ● $10-$15+ per month for site updates ● 3 low-cost sites per month: $450 + $30 Profit ($150x3 + $10x3) ● 4-year outlook: $21,600($150 - $57,600($400) for sites. ● One Minimum Wage Assistant Engineering Job: $8/hr, 10 hour days= ~$2400/month (before taxes) Achieving Goal: Web Design
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● Studio Apartment Livermore, CA 1bed/1bath/610sqft $945/month With Utilities, Food, Internet, Grand Total for Cost of Living: $1215/month $14,580/year ● Web Design + Minimum Wage Job Earnings: Achieving Goal: Living Cost & Profits
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● Facility: Livermore Industrial Building 1200sqft/2bathroom $744/month ($9000 yearly) Utility Costs: $400/month Business License:$75 $13,803 total yearly ● Equipment: Beginning Stages DAW/software - $8000 FiWi Interface/mixer - $2000 Monitors - $1000 Basic Mics - $2000 Cables/Bays/DI's/Head phones - $2000 Acoustic Treatment - $6000 ~$21000 total Achieving Goal: Studio Investment
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● Rates: $350 for 8hr blocks ● ($43.75/hr) If less than 8hr block, +$50/hr If over 8hour block, +$50/hr ● Scenario: If I fill 8-hour blocks for 25 days each month: Total Earning: $8750 Achieving Goal: Studio Profit Profits go towards facility enhancements, equipment, CD, DVD's, etc...
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● Contact Bands from Design Jobs for Recording. ● Offer 2 for 1 deals: e.g. For new bands: Recording full price, Site Design with discount. Achieving Goal: Studio Marketing
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