Hood Records is an unusual but sustainable business model for a record label. The business operates to promote several Portland based bands, all with the common element of improvisation.
Industry Analysis Recording music production business plan retail record industry is produftion by a few large corporations. Most labels take the shot gun approach to sales. They sign up lots of different bands and hope a few make it big. On the bands that are a commercial success, there are huge windfalls of profit to be made by the record corporations.
The Nusic labels are similar, however, they are a bit more selective and do not always go for the most commercially viable bands. Products and Services Mt. Hood Records is a Portland based record label for a select group of Portland based bands.
Why you need a music business plan
Hood Productio has adopted the business philosophy that for long term sustainable growth it will be more successful for the label to sign up just a few bands and promote them equally than to sign up a bunch and hope one is a commercial success, enough to float the rest of the bands. Recording music production business plan approach is quite appealing to a few bands.
It provides the bands with the intimate and specialized focus of the label.
The bands recognizes that fact that this label will be working pkan to promote just a few bands, and that they will not be lost in the shuffle. The Business Model In order for this record label to succeed, a lot of sweat equity will be required will little to no recording music production business plan stream for the first year.
For many businesses this is quite difficult to swallow. For Mt. Hood Records it helps that these realistic expectations have been established up front, and will not be an unwelcome future surprise.
Additionally, the investors friends and family are aware of these parameters and have given their blessing.]