Getting Money to Start a Recording Studio

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Funding Your Recording Studio

Starting a recording studio business is a great way to earn money, but can cost thousands to set up a "professional" studio. Larger studios with high price gear will cost you much more. Here are some ways to find money for your studio...

Write a Business Plan

● If you expect to find investors, you need a business plan

● Spell out exactly how much money you need for your recording studio

● Ask other small biz owners for help or go to your local small business chamber

● Many online tutorials available, too

Approach Banks

● Now that you have your business plan, you can ask banks for a loan

● Government grants are sometimes available● This can be difficult in today's economy● Instead of a small business loan, consider

taking out a personal loan to purchase key equipment

Approach Individuals

● Parents, close relatives, rich acquaintances can all be sources of funding for your studio business

● Independent (angel) investors often loan money to entrepreneurs

● Consider partnering with a friend who has money, equipment, or space for the recording studio

Learn how to start a profitable recording

studio business

RecordingStudioProfits.com