Maps - they lay out the land and point us in the right direction. A good music business plan is the map to the fulfillment of your goals. Whether you're a band, soloist, production house or some other business, a plan can turn foggy notions into operational strategies, hunches into actions, dreams into reality. It starts with vision. Before your first gig you envisioned yourself playing it.
Vision precedes mission and fuels it with the necessary energy to go the distance.
Mission implements vision and provides the vehicle that moves you towards your goal. There are a number of specific benefits to writing a music business plan. Coordinate your marketing program Take the guesswork out of budgeting Allow for meaningful review and revision Your business plan should never be viewed as a one-time draft written in stone but instead as a provisional guideline to help you take strategic and effective steps toward the achievement of your goals. It is never really complete because it parallels and reflects the dynamics of your own growth and development. No one needs to tell you how much it costs to launch a successful music career in the 90's.