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Showing posts from October, 2018

UNDERSTANDING THE CONCEPT OF RECORD LABELING.....TAKE A LOOK

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As you start your record label, you are going to need to determine what genres of music you want to deal in, how much startup money you will need and how many employees you will need to hire. These details, plus any other information pertinent to starting your record label, will be found in your business plan. Your business plan becomes the road map you use to create your business, and the blueprint you follow to build your record label into what you want it to be. Organizations Your record label will need to purchase the rights to distribute the music you will be releasing. The Harry Fox Agency sells what is known as mechanical rights to distribute music. As a label, you will not be involved in publishing the music you distribute. Publishing the process of determining how the royalties get paid to the people that were involved in writing the music. You will be dealing with paying record sales percentages to the artists, and that will be done through mechanical licensing from th

PHOTOGRAPHY BUSINESS STRATEGY PART 1

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As a professional photographer, it is very important to create a thorough business plan to outline your goals and determine a course of action for achieving them. Even if you have already been running a successful company, you can benefit from organizing your efforts into a well thought out business strategy. Start by thinking about what you want to achieve in the next year. Create a few large goals for yourself that will get you closer to the success you strive for. As you work through these steps keep in mind that nothing you decide is set in stone. You can adjust your plan as you go along to reflect what is working best and how your goals have changed over time. Choose a specialty The first step in creating a business plan is to determine who you are as a photographer and what you want to specialize in. While you may enjoy all genres of photography, a focused area or niche is highly recommended. Trying to represent all genres of the industry in your portfolio can commun

STEP BY STEP APPROACH ON HOW TO START YOUR OWN MUSIC PRODUCTION COMPANY

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To be the next   DJ KAHLED, you need a strong musical background. Soak up as much as you can about business by listening to musicians, being around musicians and working with musicians, producers, artist and venue managers. Also, make sure you know the industry websites and relevant books about music, as well as the relevant musical groups of interest. You don’t necessarily need a formal education in music or in business, but you do need common sense, a good ear and an ability to learn also ability to adapt to trends. Create Your Studio Most music producers have a studio at home, even if they have one in a business location. Find a place in your home that has the best chance of letting you work in silence. You need to be free from the interruptions and the distractions of everything that's happening outside that room. Consider soundproofing it -- either with paneling you can easily make yourself -- or by hiring someone to professionally insulate the room. Fill

WHAT TRULY IS BUSINESS PLAN? READ!!!

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A  business plan  is a formal statement of  business goals , reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals. Written business plans are often required to obtain a bank loan or other financing. Business plans may target changes in perception and branding by the  customer , client,  taxpayer , or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since  investors will look for their investment return in that timeframe. Business plans may be internally or externally focused. Externally focused plans target goals that are important to external stakeholders, particularly financial stakeholders. They typically have detailed information about the organization or team attempting to reach the goals. With for-profit entities, external stakeholders include investors and customer