Music Production Business plan in Nigeria

Music Production Business plan in Nigeria

This sample Music Production Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.
The Music Production Business is a lucrative business that needs a lot of strategic planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.

Business Description of Music Production Business plan in Nigeria

Business: Music Production

Industry: Entertainment

Music Production Business plan in Nigeria

Music Production Business plan in Nigeria

PATILAD Music Production Company – an independent record label was created to solve the challenge artists are constantly faced with. The challenges include support to get events, advertising, booking, employment contracts, among others.

We are a company that seeks to support the music industry, for those who have wanted to publicize their projects on a large scale but have not had enough money to achieve it. Our label is large enough to accommodate musicians from every work of life; we work as a team, lifting everyone in our process of growth.

We offer professional quality Productions in our recording studio. We have an affordable promotion system, in which in an organized way, the artists support each other and achieve incredible results. This, we do by creating a network of music artistes and professionals within and outside the shores of Nigeria.

We are always open to contribute and collaborate with artists, companies, organizations and institutions from the private and public sector, both within/outside the country.

We are located in Lekki Phase 1 in Lagos State.

Problem Statement:

The music industry is a dynamic and competitive field where aspiring artists often face numerous challenges hindering their success. Some of the significant issues include a lack of financial resources to promote their projects on a large scale, difficulty in securing events and bookings, absence of proper advertising avenues, and the absence of professional support such as employment contracts. Many talented musicians find it challenging to navigate these obstacles and struggle to gain recognition and success in the industry.

Solution Statement:

To address these challenges, PATILAD Music Production Company, an independent record label, was created. Our mission is to provide comprehensive support to artists, irrespective of their background, enabling them to overcome barriers and achieve success in the music industry. Our key solutions include:

  1. Professional Quality Productions: We offer state-of-the-art recording studio services to ensure that artists have access to high-quality music production, helping them create a sound that stands out in the competitive music landscape.
  2. Affordable Promotion System: PATILAD Music Production Company has established an organized and cost-effective promotion system. Through strategic collaboration and mutual support among artists, we aim to maximize exposure for individual projects and collectively achieve remarkable results, even for those with limited financial resources.
  3. Event Support and Booking Assistance: We assist artists in securing events and bookings, providing them with opportunities to showcase their talents and connect with a broader audience.
  4. Advertising Solutions: We offer effective advertising solutions, helping artists reach a larger audience through various platforms, both within and outside Nigeria.
  5. Professional Network: PATILAD Music Production Company is committed to building a robust network of music artists and professionals within and outside the country. This network serves as a collaborative platform, fostering growth and creating opportunities for all involved.
  6. Collaboration with Various Entities: We actively seek collaborations with artists, companies, organizations, and institutions from both the private and public sectors, both within and outside Nigeria. This approach enhances the scope of support and resources available to the artists associated with our label.
  7. Inclusive Approach: Our label is designed to accommodate musicians from diverse backgrounds, and we operate as a cohesive team, ensuring that everyone involved in the process experiences growth and success.

SERVICE SEGMENT

Music School

It is not just a music school, today there are dozens of scientific studies that prove how indispensable it can be to learn a musical instrument to develop new and different skills beyond the talent that is obtained with the instrument.

The following instruments are taught in our music school

  • Piano
  • Guitar
  • Drums
  • Violin
  • Vocals
  • Electric Bass.

Audio and Video Production.

Audiovisual production in general terms refers to the process in which multimedia video content is obtained as a result of the fusion of digital audio media, images or video clips. We work with cutting-edge equipment and with the best post-production programs such as Premiere Pro, After Effects, Final Cut X, among others.

Music Production Business plan in Nigeria

Music Production Business plan in Nigeria

RECORDING STUDIO

  • Our recording studio provides our clients with comfort, excellent quality equipment, and personalized attention.
  • We are completely dedicated to meeting all the needs of our clients, getting them to choose us not only for the quality, but also for the trust and genuineness in our service offering.
  • Our environment is air-conditioned and we have 24-hour security cameras.

Our main services include:

  • Recordings of demos, singles, rehearsals, complete albums
  • Voice-over recordings and advertisements
  • Music recordings with advertisements for commercial settings
  • Video Clips

 

Read also: Music business plan in  Nigeria

VALUES

Our values include:

  • Passion: We enjoy our work and get excited at the emergence of every new project.
  • Commitment: We make our clients’ goals our own and we do everything to achieve them.
  • Excellence: We seek perfection in our service delivery.
  • Honesty: We consistently represent “in actions” what we believe in.
  • Innovation: We constantly change, evolve, make and offer new things.

The benefits of our products and services include:

Our clients – the music artistes need not worry about a thing, as we have persons in charge of planning, coordinating and directing the process of creating a record project.

Needs and demands:

  • The need of a production team that can interpret and understand the importance of each music element. The elements include:
    • Balance: Volume ratio between musical elements
    • Frequency spectrum: EQ handling
    • Panorama: Stereo Management
    • Dimension: Management of the music’s elements
    • Dynamics: Volume control
    • Interest: Eye-catching mix
  • The need for musicians and artistes to promote their products to gain visibility.

 

Objective of PATILAD Music Production Business plan in Nigeria

  • To promote and represent our clients till they are fully developed
  • To change the general perception of music production in Nigeria
  • To constantly stay and keep our clients abreast of trends in the Music Industry.
  • Achieve a creative, innovative, flexible and adaptable culture to change.
  • TO consistently seek to improve the quality of our service offering and equipment.

 Goals for the PATILAD Music Production Business plan in Nigeria 

  • To promote the music industry, support the productive activity of the sector, increase its profitability, and provide global promotion and distribution.
  • To provide players in the music industry with the necessary resources to help them grow both nationally and internationally, thereby properly positioning them in the music market.

Vision for the PATILAD Music Production Business plan in Nigeria

We constantly seek to position ourselves as one of the leading companies in the Nigerian music production industry, bringing innovative systems to all our services and supporting artists in the music industry.

Mission for the PATILAD Music Production Business plan in Nigeria

To create opportunities for musicians, music industry players and even third parties who are involved and associated with the industry.

Management Team of the PATILAD Music Production Business plan in Nigeria

Jimmy Brown –Jimmy is our studio manager, he has several certifications in Music Production. He has also taken several management courses from the Enterprise Development Centre in Lagos. He is listed as one of the top 20 producers in Nigeria.

Dayo Adetiloye – (B Agric, MBA, and PMP): He has over 12 years’ experience in the consultancy industry. Dayo is an alumnus of Entreprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He also has a Bachelor’s degree in Agriculture with specialization soil science with masters in business administration. Dayo is a project management professional. He is our business development strategist and a strategic partner.

Lilian Mfon– Lilian is the head of our Marketing team. Most of our marketing strategies are online based, and she is the best personnel for the job. She is a well established Digital Marketer with proficiency in Content Management, Social Media Marketing, Search Engine Optimization & Marketing.

Music Production Business plan in Nigeria

Music Production Business plan in Nigeria

We bring to the business:

  • Musical and sound engineering knowledge
  • Ability to recognize and develop raw talents
  • Agility in business management

Management Experience Gathered for the Music Production Business plan in Nigeria

My passion for Music Production started as a result of my career in the Music Industry.My early days as a musician was really rough, and after pulling though to the top, I sought for a way to contribute to the success of the younger generation. PATILAD Music Production is a solution I have developed for challenges musicians in Nigeria are faced with.

 I have developed my skills in Business Management via active leaning (MBA, certification courses), association, and practice.

Read Also: Courier-services-Business-Plan-in-Nigeria

EQUIPMENT AND MATERIALS FOR MUSIC PRODUCTION BUSINESS PLAN IN NIGERIA

The materials include:

  • Amplifier
  • Bass Amplifier
  • Battery 5 bodies w / iron and Drum Mapex de Birch
  • Console
  • PC Pentium Core Duo 2GB
  • M-Audio 1010
  • Power 500W
  • Microphones
  • Dynamics
  • Condenser
  • Audio Interface
  • Microphones
  • Headphones
  • Studio Monitors
  • Cables
  • Microphone Stands
  • digital conversion
  • mic preamps
  • DI boxes
  • headphone amps
  • monitor management
  • Pop filters

… among others

COMPETITOR ANALYSIS FOR MUSIC PRODUCTION BUSINESS PLAN IN NIGERIA

People buy from us because of the following reasons:

    1. Extensive Network of High-Value Influencers: Our label boasts a robust network of influential individuals, enhancing the visibility and opportunities for our artists. This expansive network provides a unique advantage in the industry.
    2. Meticulous Attention to Detail: We set ourselves apart by meticulously attending to even the minutest details. This dedication ensures that every aspect of our services, from production to promotion, meets the highest standards, providing a superior experience for both artists and their audiences.
    3. In-Depth Knowledge and Experience in the Music Industry: With a wealth of knowledge and hands-on experience in the music industry, we bring unparalleled expertise to the table. This deep understanding allows us to navigate the complexities of the industry, offering invaluable insights and guidance to our artists.

    These factors collectively contribute to our distinctive position in the market, making us the preferred choice for those seeking a record label that goes beyond the ordinary and delivers exceptional value.

Music Production Business plan in Nigeria

Music Production Business plan in Nigeria

Our major competitors are:

  1. Morgeez Media Production Company
  2. FreakSonar
  3. A1 MUSIC SOUND ENGINEERING CENTER

For the remaining part of this business Plan, including the detailed financial analysis, please call on 08105636015 or 08076359735, 08113205312 or send an email to dayohub@gmail.com.

We help institutions and organizations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria. We can help you write a detail, strong and winning business Plan for any use. Do call any of our business plan consultants on: 08105636015, 08076359735, 08113205312
Or Send an email to dayohub@gmail.com.

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Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

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To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
– Provide bespoke management and business planning consultancy
– To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
– To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

– Engender national prosperity by contributing to the creation of at least 100 new businesses every year
– Become a go-to brand for outstanding business development services for MSMEs
– Strategic partnership with local and international organization to empower start-ups
– Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness

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