BUSINESS PLAN 

Business Overview

Business Type: Recording studio for artists & engineers


Services Offered:

  • Studio rental (engineers/producers)

  • Recording sessions (with engineer)

  • Monthly hour packages

  • Mixing options

Monthly Expenses

Rent: $700.00

Utilities: $400

Internet: $75.00

Software subscriptions: $50.00

Total: $1,225.00

Studio Rental (Engineers / Producers)

  • 1–9 hours: $25/hour

  • Monthly:

    • $200 → 10 hours

    • $250 → 13 hours

Recording Sessions (With Engineer)

  • 1–3 hours: $40/hour

  • 4+ hours: $35/hour

  • Same-day booking fee: +$10

  • Monthly:

    • $350 → 12 flexible hours

Profit Goals

January-April Revenue Target: Balancing out

Expenses: $1,225 Profit Goal: $0 Total needed: $1,225

May-July Revenue Target: $1,725
Profit goal: $500-700
Total needed: $1725-$1,925

Ways to Hit It:

  • 5 recording sessions × 4 hours × $35 = $700 (20 hours total)

  • 4 studio renters × $200 package = $800

  • 1 artists on $350 monthly package = $350

Total Revenue: $1,850
Minus Expenses: $1,225
Profit: $625.00

The next 6 months goal:

  • 4 monthly studio renters — engineers $800

  • 1-2 artists on monthly package $350-700

  • 10-20 hours booked at the studio $350-700

Instagram

Post daily or 2-3 times a week:

  • Studio clips (artists recording)

  • Before/after snippets

  • Studio vibe (lighting, setup)

  • Client reactions

  • You working

  • Behind the scenes

  • Showcase equipment

  • Showcase the studio space

  • Show case all the software/programs available

Content Formula:

  • “Studio open tonight — DM to book”

  • “$40/hr recording — tap in”

  • “Monthly packages available”

Referral System (Very Important)

Offer:

  • $20 off next session if they bring someone

  • Or 1 free hour after 10 paid hours

Simple Monthly Focus Plan

Month 1–2

  • Fill calendar

  • Push packages

  • Collect referrals + word of mouth

Month 3–6

  • Raise rates slightly

  • Build repeat clients

  • Hit $1K profit

Month 6–12

  • Lock in monthly clients

  • Systemize bookings

  • Aim for $2K+ profit