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Music Business Fundamentals Part Three: Business Plans
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36 STUDENTS
3h 8m

This course is designed for those interested to learn the basics of music business fundamentals, the steps to start a career in the field, the advantages and concerns of new businesses, specifically in the arts, as well as the eight different types of business plan.

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Course Skill Level
Beginner
Time Estimate
3h 8m

Instructor

Jason Allen is a PhD in music, and was recently named one of the semi-finalists for the Grammy Foundations "Music Educator" award.

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About This Course

Who this course is for:

  • Anyone in any country who is ready to start their professional music career by learning everything they need to know about how the music business works and how to launch a career today

What you’ll learn: 

  • The steps to take to start your music career
  • Deciding on your business type
  • Filing your legal forms
  • The five major sources of funding
  • Finding investor options for your music career
  • The eight parts of the business plan

Requirements: 

  • No prior knowledge is required to take this course

This is a course designed for the average person who is ready to take their music career or music interest and turn it into a business. Whether you are an active musician, an aspiring musician, or an aspiring music manager or agent then this course is perfect for you.

In this course, we will focus the entire course on the steps to start a career in the music business. First, we will focus on the advantages and concerns of new businesses, specifically in the arts. Next, we will walk through the different types of businesses from corporations, to family businesses, to nonprofit organizations. Most importantly, we will learn what is best for your business, and walk through the step-by-step process to setup and register your business. Lastly, we will walk through the steps needed to create your most essential founding document, the operating agreement. 

Also included in this course is a comprehensive plan to build a professional business plan including text template pages, Excel spreadsheets, and more. Some of the step-by-step guides in this course will be:

Our Promise to You

By the end of this course, you will have learned how to fund your music business.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about the music business fundamentals.

Course Curriculum

Section 1 - Introduction
Introduction 00:00:00
About Me 00:00:00
Section 2 - Why You Need A Business Plan
For You 00:00:00
Loans And Grants 00:00:00
Investors 00:00:00
A Few Exceptions 00:00:00
Section 3 - Elements Of A Business Plan
The Executive Summary 00:00:00
Company Overview 00:00:00
Products And Services 00:00:00
Marketing And Sales Plan 00:00:00
Operations Plan 00:00:00
Company Organization 00:00:00
Financial Plan 00:00:00
Appendix 00:00:00
Section 4 - The Company Overview
Mission Statement And Philosophy 00:00:00
Visions And Milestones 00:00:00
Target Market And Industry 00:00:00
Legal Structure And Ownership 00:00:00
Section 5 - Products And Services
Outline Of Products And Services 00:00:00
Problems And Solutions 00:00:00
Proprietary Advantages 00:00:00
Pricing 00:00:00
Section 6 - Marketing And Sales Plan
Research 00:00:00
SWOT 00:00:00
Barriers To Entry 00:00:00
Threats And Opportunities 00:00:00
Target Customers 00:00:00
Direct And Indirect Competitors 00:00:00
Niche 00:00:00
Marketing Plan 00:00:00
Marketing Budget 00:00:00
Twelve-Month Sales Forecast 00:00:00
Section 7 - Operations
Production 00:00:00
Quality Control And Location 00:00:00
Legal Stuff 00:00:00
Personnel 00:00:00
Inventory 00:00:00
Suppliers 00:00:00
Credit Policies 00:00:00
Section 8 - Company Organization
Biographies 00:00:00
Advisors 00:00:00
Organization Chart 00:00:00
Section 9 - The Financial Plan
Profit And Loss Projections 00:00:00
Big Profit And Loss Projection 00:00:00
Cash Flow Projection 00:00:00
Balance Sheet Projection 00:00:00
Break Even Calculation 00:00:00
Use of Capital 00:00:00
Section 10 - Appendix
Supporting Documents 00:00:00
Section 11 - Executive Summary
An Overview Of The Plan 00:00:00
Section 12 - Wrap Up
What Next? 00:00:00
Thanks And Bye 00:00:00
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