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For Dan Masquelier April 23rd, 2007 MUSC 345 - Audio Recording II. 345 Business Plan. 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. Why am I in Recording Arts?.
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For Dan Masquelier April 23rd, 2007 MUSC 345 - Audio Recording II 345 Business Plan
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. 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.
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... Skill Analysis • Technical • PC/Mac/Linux • Audio • Good Ears, Signal-Flow, App knowledge, Techniques, etc... • Musician • Guitar, Violin, Bass, Vocals, etc...
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
Business Skills My only business has been Freelance, under-the-table work. Not up with Legal Issues. What do I need to Strengthen? • Social Skills • Networking/making contacts • Face to Face
My Goal (for this particular project) • Earn Money through Web Design Projects • Save profits for Recording Studio construction • Build Studio • Make Studio Profitable
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 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
Achieving Goal: Web Design • One Minimum Wage Assistant Engineering Job: • $8/hr, 10 hour days=~$2400/month (before taxes) • $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.
Achieving Goal: Living Cost & Profits • Web Design + Minimum Wage Job Earnings: • Studio Apartment • Livermore, CA • 1bed/1bath/610sqft • $945/month • With Utilities, Food, Internet, Grand Total for Cost of Living:$1215/month • $14,580/year
Achieving Goal: Studio Investment • Equipment: Beginning Stages • DAW/software - $8000 • FiWi Interface/mixer - $2000 • Monitors - $1000 • Basic Mics - $2000 • Cables/Bays/DI's/Headphones - $2000 • Acoustic Treatment - $6000 • ~$21000 total • Facility: • Livermore Industrial Building 1200sqft/2bathroom • $744/month ($9000 yearly) • Utility Costs: $400/month • Business License:$75 • $13,803 total yearly
Achieving Goal: Studio Profit • 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 • Profits go towards facility enhancements, equipment, CD, DVD's, etc...
Achieving Goal: Studio Marketing • Contact Bands from Design Jobs for Recording. • Offer 2 for 1 deals: • e.g. For new bands: Recording full price, Site Design with discount.