How to Start a Home-Based Recording Studio Business [Paperback]

How to Start a Home-Based Recording Studio walks aspiring studio owners through all the steps necessary to turn their passion into a business. The first-ever guide to focus not only on outfitting a studio, but also to offer a full range of advice on converting a studio into a profit-making enterprise, it is an indispensible reference for any studio at every stage of its operation.In the past decade, the rise of independent music culture has come hand-in-hand with another music revolution: the home-based recording studio, the start-up costs of which can be as low or high as a budget allows. How to Start a Home-Based Recording Studio walks aspiring studio owners through all the steps necessary to turn their passion into a business. The first-ever guide to focus not only on outfitting a studio, but also to offer a full range of advice on converting a studio into a profit-making enterprise, it is an indispensible reference for any studio at every stage of its operation.Table of Contents Chapter 1: So You Want to Start a Home-Based Recording Studio Why Start a Home-Based Recording Studio?Is Self-Employment For You?Meet Your New BossHow The Industry Has ChangedWhat Can You Offer?Are Your Skills Up To Par?Balancing Work & FamilyYour Most Valuable Tool: Your Ears Chapter 2: Envisioning Your Business Who Needs You?What Kind of Studio Are You?Producing vs. EngineeringUnderstanding the Studio ProcessTime FrameYour FinancesRole ModelsKnow Your Competition Chapter 3: Writing a Business Plan Whats a Business Plan?Explaining What You DoIts All About MarketingOrganization & ManagementAccording to the Law...Fixed Costs, Variable Costs, and Estimated FeesPlan B Chapter 4: Getting Started First Things FirstFinding Your NicheGetting LegalBanking & CreditContractsFinding a Good LawyerMarketing MaterialsYour Resume & Demo Reel Chapter 5: Financial Planning & Management Financing Your DreamInsurance & LicensesBusiness vs. Personal FinancesDont Fl“2