down to the wire final presentation
DESCRIPTION
This is the powerpoint for a final business plan presentation in my Entrepreneurship class.TRANSCRIPT
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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
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Business Description
Established musicians rely on the InternetWhat about new bands?New bands struggle with recording &
marketing
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Target Market
Recording studio & web marketing consulting
Studio in West Lafayette, INMarketing services reach nationwide
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Competition
No direct competitorsSome indirect competition
Recording Marketing
Protecting our market
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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
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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
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Marketing Chart
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Required Funds
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Products
PackagesRecording/TrackingWebhosting/Marketing
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3 Year Profit/Loss and Break Even
Break Even: $7,758
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Tangible Assets
Few tangible assetsMay purchase equipment from owners
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Intangible Assets
Wireboard biggest intangible assetCompany sellable
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Recovering Initial Investment
Initial investment of $9,050.00Outside investment of $6,550.00Recovery of initial investment for outside
investors highest priority
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Exit Strategy
Liquidation of tangible assetsSale or licensing of wireboardSale of LLC businessFirst year’s projected sales will cover entire
initial investment
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Questions?