Summary: <p>This week we delve into Part 3 - Tips on how to write a successful business plan for the creative industries. Following on from Part 1 and Part 2 over the last few weeks, we will be continuing a step by step guide on writing a business plan dedicated to artists, musicians, and bands for all the creativity needed to sustain a career in music, having a business plan is one way to stay properly grounded, and define your goals and objectives on paper. This is our final episode on this topic. </p> <p>For those of us on the ground level, having a plan can mean the difference between being able to make a living as a musician. But the most important suggestion from me, take it one step at a time! This kind of work can be really overwhelming for creatives.</p> <p>So, let us look at some key points to further your business plan for this episode: Partnerships with Other Artists, Video Production to Sponsors/Investors. Your Additional Merchandise. </p> <p>Are you selling other merchandise besides the recording/EP/Album project? I.e. T-shirts, Hats, Hoddies, Posters, Calendars, etc. Or are you selling previously released CDs/downloads — So how are you going to make money in this area? So, let’s take a look and prepare a killer business plan! </p> <p>How long should your plan be? Typically, a business plan is a lot <strong>longer </strong>than a list on a napkin. In <strong>practice</strong>, and for most real businesses, it can be as simple or a detailed plan that has a few or many bullet <em>points to focus strategy, tactics, milestones to track tasks and responsibilities</em>, and the <strong>financial projections</strong> you are going to need to plan: <em>cash flow, budget, expenses</em>. </p> <p>Writing a plan takes time and lots of effort, not least to understand where your project is heading. So it’s that time to roll up your sleeves, sit down with a cuppa, and get that pen and paper. Let us begin and create that incredible journey and project!</p> <p>Also on the show, we have our<strong> Fact of The Day</strong> and our <strong>Question of the Day</strong> for our listeners.</p> <p>-----------------------------------------</p> <p>Follow & subscribe to ''The Entertainment Engine'' on your favorite streaming platform for weekly news & updates.</p> <p>(The podcast is created by Seamless Entertainment)</p> <p>Twitter <a href="https://twitter.com/EntEngine" rel="ugc noopener noreferrer" target="_blank">@entengine</a></p> <p>Facebook <a href="https://www.facebook.com/TheEntertainmentEngine" rel="ugc noopener noreferrer" target="_blank">www.facebook.com/TheEntertainmentEngine</a></p> <p>Instagram <a href="https://www.instagram.com/seamless_entertainment/" rel="ugc noopener noreferrer" target="_blank">@seamless_entertainment</a></p> <p>The Entertainment Engine - <a href="https://seamlessentertainment.co.uk/the-entertainment-engine" rel="ugc noopener noreferrer" target="_blank">Website </a></p> <p>Seamless Entertainment - <a href="https://seamlessentertainment.co.uk/" rel="ugc noopener noreferrer" target="_blank">Website</a></p> <p>The Entertainment Engine - <a href="https://www.teepublic.com/en-gb/t-shirt/13250254-the-entertainment-engine?ref_id=13814&store_id=471309" rel="ugc noopener noreferrer" target="_blank">Merch Store</a></p> <p>Email the team: podcast@seamlessentertainment.co.uk</p> <p>Send us a voice message via <a href="https://anchor.fm/entertainmentengine/message" rel="ugc noopener noreferrer" target="_blank">https://anchor.fm/entertainmentengine/message </a></p> <p>The background music was written & produced by<a href="https://push.fm/fl/b05hvryf" rel="ugc noopener noreferrer" target="_blank"> BeX </a>& Alan Glass. (<a href="https://seamlessentertainment.co.uk/music-solutions" rel="ugc noopener noreferrer" target="_blank">Seamless Music productions</a>)</p> <p>Podcast engineered & mixed by BeX Gregory.</p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/entertainmentengine/message
