Music related business presentation - Start a business basics Essays

Submitted By kurtuh
Words: 750
Pages: 3

Roadie
What you know, not who you know

Find the people you need fast and efficiently - For all audio needs
Save your tour at the last minute
Find a musician, a sound editor or a mastering engineer Quickly put together your film crew
Connect people all over the world to form production teams or compose your music
Give feedback on past work experiences

Roadie brings people together to create audio related art It makes it easier to find the person with the exact skills needed to complete a project
It is essential for those who want to find work and for employers to find the perfect fit for their team
It’s easy to use, a virtual room for people in the industry to find each other, refining their search to key parameters Markets covered
Live crews and gear
Roadies and audio technicians Studio production and engineering Session musicians, DJs and bands Film and TV production

What makes Roadie unique
Ease of use
Intricate search engine using parameters like:


Skills



Roles



Genre



Previous Gigs



Location



Labels worked for



Aspirations



Feedback rating

Feedback Rating
Based on the number of positive feedbacks each user gets a feedback rating so other users can have a quick way of looking for the best. To avoid giving some people a bad reputation over false negative feedback (for example), all feedback would have to be reviewed and accepted by the website moderators Market and Competitors Analysis
There is not much demand because people have not been presented with the possibilities Roadie offers yet
Main Competitors:

Revenue
Advertisements on the website
£1.5/month subscription - full access to all the features of the website
£5/month subscription - notifications and main dashboard First Year - Costs/Expenditure

Website
Domain

£10

Hosting
Maintenance
CMS
CRM (Maximizer)
Marketing
Salaries

£30
£300
£150
£420
£1,500
£6,000
£8,410

Second year - Costs/Expenditure

Website
Domain

£10

Hosting

£30

Maintenance

£300

Marketing

£2,000

Salaries

£6,000
£8,340

Third year - Costs/Expenditure

Website
Domain

£10

Hosting

£30

Maintenance

£300

Marketing

£1,500

Salaries

£12,000
£13,840

First year - Income
Personal savings

£2000

Advertisement on website

£360 (300 visitors/month, 2 ads)

£1.5 Subscriptions

£2,700 (150 subscriptions)

£5 Subscriptions

£3000 (50 subscriptions)
£8,060

Second year - Income
Advertisement on website

£1,920 (400 visitors/month, 4 ads)

£1.5 Subscriptions

£5,400 (300 subscriptions)

£5 Subscriptions

£6,000 (100 subscriptions)

£13,320

Third year - Income
Advertisement on website

£3,600 (750 visitors/month, 4 ads)

£1.5 Subscriptions

£5,400 (300 subscriptions)

£5 Subscriptions

£6,000 (120 subscriptions)

£15,000

Break-even Chart
Income

Expenditure

16,000

P

!
12,000
!

8,000

4,000

0

0

8,060

13,320

15,000

Legal Trading Form
Sole trader
!
!



Class 2 National Insurance at £2.65 / week



Class 4 National Insurance on profits over £7,605 at a rate of 9% up to £42,475 and 2% thereafter

3 Year Profit-Loss Forecast
Roadie
Year 1

Year 2

Year 3

Sales

£8,060

£13,320

£15,000

Costs/Goods Sold (CGOS)

£8,410

£8,340

£13,840

Gross Profit

-£350

£4,980

£1,160

Salary (Office & Overhead)

£6,000

£6,000

£12,000

Repairs/Maintenance

£300

£300

£300

Marketing/Advertising

£1,500

£2,000

£1,500

Car, Delivery and Travel

£400

£400

£800…