![]() This is a short statement that explains who you are as an artist.Īgain this is a short statement outlines your goals as an artist. If the plan is for a specific project (ie: Recording a CD, Setting up a tour, etc.) this is where you would outline that project. This is where you would have a more extensive bio of the band. If it is to a bank, you would outline how much you are looking to finance and what the money will be used for. This would also be where you would personalize the plan to who giving this to. The executive Summer should be single a page that introduces the band and provide a synopsis of your marketing plan. You would add or subtract sections depending on what you are doing or who you are presenting it to. Breaking it down to basic sections will allow you to update your plan easily. The reality is, as your band moves towards it’s goals, your resources will change and your goals will change, so your plan will change as well. Even if you are just using it as a guide to where you want to go and what you feel you need to do to get there. It will also change depending on who you are presenting this plan to. Your Business plan is a “Living Document”, it will change over time. You will use this outline as you start to write your business plan. Make an outline of your goals, Resources and needs. You would be better setting your goals to creating a sustainable income that will allow you make music your career. If your goal is to be a star and make 2 Million a year writing songs from your mansion, keep in mind the amount of musicians that are out there trying to make it vs the small percentage of artists in that top tier. Second, BE REALISTIC AND HONEST WITH YOURSELF! Nothing will sink your business plan faster than unrealistic goals and an over estimation of your resources. Getting ready to write a Business Planĭo your research, This article will give you a good framework to work from, but get a good book on the subject of writing a business plan or you can get an Audio book to listen to while you are on the road. You can also use the business plan if you are looking to secure some financing for new equipment or to underwrite a tour. Having a business plan will shows these people that you have thought about your career, planned how you want to achieve your goals and treat your career seriously. Why Write a Business Plan?īasically the business plan will allow you to focus and set a realistic plan with realistic goals! The business plan can be used to help bring in key people and companies you would like to make part of your team, such as prospective managers, agents, labels. It is the plan that takes you from the Dream to what actions you need to take to get there. ![]() It is basically a roadmap of your career and your business. A business plan is a simple outline your goals, how you can achieve those goals and outlines the resources that you have or need to get to reach those goals. It sounds like a some mystical book of numbers and formulas that will take a business degree to understand. The mere mention of a business plan can make many of you freeze in fear. The Business plan will act as a roadmap to help the Indie Artist negotiate the music business and help them identify their strengths and weakness and more importantly, once identified, learn how to address them. A good first step for any indie artist who is serious about creating a career in music, is to create a business plan. When it comes to the independent musician, the music business can be a strange, frustrating and scary concept. The Indie Artists Guide to Writing a Business Plan
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