Down To The Wire Final Presentation

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This is the powerpoint for a final business plan presentation in my Entrepreneurship class.

Transcript

TEAM 5CHRIS MILLER, OPERATIONAL MANAGERSTEFANIE SINGLETON, MUSIC PRODUCER

KATIE WEISMILLER, MARKETING & PRDAVID BURKE, WEB APPLICATION

DEVELOPERMATTHEW LANE, WEBSITE DEVELOPER

Down to the Wire Final Presentation

Business Description

Established musicians rely on the InternetWhat about new bands?New bands struggle with recording &

marketing

Target Market

Recording studio & web marketing consulting

Studio in West Lafayette, INMarketing services reach nationwide

Competition

No direct competitorsSome indirect competition

Recording Marketing

Protecting our market

Marketing Plan

Local Marketing Media kits for newspapers, TV stations Flyering

Web Marketing Social Media

Down to the Wire blog AdMob, Google CPC

Word of MouthEvent Hosting

Sales Strategy – Marketing and Recording

Recording $25 per hour of recording Additionally, $20 per song for 1st 6 songs recorded $10 per song after that

Marketing Package deals Customizable Refer to chart

Marketing Chart

Required Funds

Products

PackagesRecording/TrackingWebhosting/Marketing

3 Year Profit/Loss and Break Even

Break Even: $7,758

Tangible Assets

Few tangible assetsMay purchase equipment from owners

Intangible Assets

Wireboard biggest intangible assetCompany sellable

Recovering Initial Investment

Initial investment of $9,050.00Outside investment of $6,550.00Recovery of initial investment for outside

investors highest priority

Exit Strategy

Liquidation of tangible assetsSale or licensing of wireboardSale of LLC businessFirst year’s projected sales will cover entire

initial investment

Questions?

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