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Music Business Plan part 2

By Pamela Parker, Esq.

Today let's look at those of you who identified yourself as one of the following:

• a songwriter
• an arranger
• a producer
• an engineer

Again, the goal here is to make more money, so we look for ways to either expand your opportunities, or better exploit those that already exist.

A songwriter might consider expanding into one or more of the other three areas. This would potentially save money in creating demos, if you've been paying other people to do these things, or it would improve the quality of your demos if you've been doing it yourself without real skill or knowledge. Taking the time to learn one or more of these other crafts could expand your opportunities.

Songwriters should also consider improving or learning new music related skills. Are you a strong lyricist but know limited music theory? Consider taking theory classes or partnering up with an instrumentalist for your songs. If you play guitar, you could consider piano lessons to expand your musical knowledge, hopefully to the benefit of your songwriting.

Also consider the types of songs you write, and whether you can expand your area. A wider variety of songs may be the answer to more song sales - or maybe just shifting to a type with wider appeal and, therefore, wider sales potential. This doesn't mean you have to give up a type of song that you love, but if the market is small for your niche, then you'll have more opportunities to make money if you add either other niches or one larger market.

Full post as published by After Writing on January 11, 2007 (boomark / email).