1. Step 1: Register Business (Local and State Government)
1.1. Timeframe: 1 month for complete process
1.1.1. Additional details: Register name online at: https://ecorp.sos.ga.gov Or mail to: Office of Secretary of State, Corporations Division Name Reservation Request 2 Martin Luther King Jr. DR SE Suite 313 West Tower Atlanta, GA 30334
1.1.1.1. Budget
1.1.1.1.1. http://sos.ga.gov/corporations/acrobat/applications/Reference%20-%20Filing%20Fees.pdf
1.1.1.1.2. Annual Registration filing fees $50.00
2. Step 2: Apply for Federal Tax ID and State and Local Taxes
2.1. Timeframe: 2 weeks
2.1.1. Federal Tax ID: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-onlineApply Employer Identification Number (EIN) Online Georgia State Tax ID number https://gtc.dor.ga.gov/_/#1
2.1.1.1. Budget
2.1.1.1.1. No Budget Cost: Apply for Federal Tax ID and State and Local Taxes
2.1.2. CEO and Partners
3. Step 3: Apply for Business License and Registration
3.1. Timeframe: 1 month for complete process
3.1.1. Apply for Business License and registration Time Frame: 1 month https://georgia.gov/popular-topic/applying-business-license What You Should Know: • In some cities and counties, you'll first need to secure a state tax identification number, a trade name registration and zoning approval for your business location. Additionally, your business may also need to apply for corporate registrations, professional licenses or other special operating permits prior to application. • To find out more about business licensing in your area, you can visit your local Chamber of Commerce or development authority. • Visit the First Stop Business Information Center to learn more about starting a business and registering its trade name, fictitious name or Doing Business As (DBA) title. • Do I have to register each year? • Yes. You must file an Annual Registration each year. The Annual Registration period for entities registered with the Secretary of State is from January 1 – April 1 each year.
3.1.1.1. Budget
3.1.1.1.1. http://www.fultoncountyga.gov/fcfd-business-license
3.1.1.1.2. http://www.unioncityga.org/modules/showdocument.aspx?documentid=505
3.1.1.1.3. Cost $200 Annually
3.1.2. CEO and Partners
4. Step 4: Research Possible Locations
4.1. Timeframe: 2 months for completion
4.1.1. Contact a local commercial realtor. Compare prices and locations. Make sure its within monthly budget.
4.1.1.1. Budget
4.1.1.1.1. http://www.loopnet.com
4.1.1.1.2. Desired location: Atlanta Downtown
4.1.1.1.3. Size: 3000 Square Foot
4.1.1.1.4. Cost: $10,000 Monthly
4.1.2. CEO and Partners
5. Step 5: Contact Entertainment Lawyer
5.1. Timeframe: 1 Month
5.1.1. Research possible selections based on pricing, experience and my personal needs.
5.1.1.1. Budget
5.1.1.1.1. http://morinentlaw.com/services/
5.1.1.1.2. Cost: $100 Consultation Fee
5.1.2. Interview possible canidates
5.1.3. CEO and Partners
6. Step 14: Create Profit Projections
6.1. Timeframe 2 months
6.1.1. Finance and Accounting Team
6.1.1.1. Create commission schedules
6.1.1.1.1. Budget
7. Step 15: Make a list of Key Industry Connections
7.1. Timeframe: 6 Months
7.1.1. Possible business partners
7.1.2. Key professional referrals
7.1.2.1. Budget
7.1.2.1.1. Marketing Manager Task
7.1.2.1.2. No Additional cost
8. Step 16: Review Progress and reorganize
8.1. Timeframe: Monthly and Yearly
8.1.1. Every month company leaders meet to review progress and report successes, failures and ideas for implementation
8.1.1.1. Budget
8.1.1.1.1. No additional cost incurred
8.1.1.1.2. Include CEO and Partner, Accounting Professional and Marketing Manager
8.1.1.1.3. http://swz.salary.com/SalaryWizard/Accountant-III-Salary-Details-Atlanta-GA.aspx
8.1.1.1.4. Hire one Full-time Accountant to complete all Accounting and finance functions.
8.1.1.1.5. $70,000 Annually
9. Step 6: Social Media and Website
9.1. Timeframe: 2 Months
9.1.1. Website- Wordpress
9.1.2. Facebook
9.1.3. Twitter
9.1.4. Instagram
9.1.5. LinkedIn
9.1.6. Tumblr
9.1.7. Google
9.1.8. Marketing Team Responsibility
9.2. Budget
9.2.1. Marketing Manager
9.2.1.1. http://www1.salary.com/Marketing-Manager-hourly-wages.html
9.2.1.2. $40 per hour
9.2.1.3. $83,200 Annually
10. Step 7: Research Target Market
10.1. Timeframe: 2 Months
10.1.1. Choose specific demographics to target: Age Location Gender Income level Education level Marital or family status Occupation Ethnic background
10.1.1.1. Budget
10.1.1.1.1. Marketing Manager
10.1.2. Consider the psychographics of your target: Personality Attitudes Values Interests/hobbies Lifestyles Behavior
10.1.3. Marketing Team Responsibility
11. Step 8: Research Key Competition
11.1. Timeframe 2 months
11.1.1. Marketing Team Responsibility
11.1.1.1. Research all Music Production companies in Atlanta and surrounding areas
11.1.1.2. Compare and contrast advantages and disadvantages
11.1.1.2.1. I plan on hiring one full-time Marketing Manager to complete all marketing tasks
11.1.1.2.2. Budget
12. Step 9: PR and Marketing Plan
12.1. Timeframe 6 months
12.1.1. Marketing Team Responsibility
12.1.1.1. Create solid marketing plan to increase profit
12.1.1.1.1. Budget
12.1.1.2. Create positive public relations throughout Atlanta
13. Step 10: Purchase Business Recording and Production Equipment
13.1. Timeframe 2 months
13.1.1. Finance and Accounting Team
13.1.1.1. Compare latest and greatest recording equipment
13.1.1.2. Get 3 prices quotes and comparisons for each purchase
13.1.1.2.1. Budget
13.1.1.3. CFO Approves all purchases
14. Step 11: Purchase Software
14.1. Timeframe 2 months
14.1.1. Finance and Accounting Team
14.1.1.1. Compare latest and greatest software
14.1.1.2. Get 3 price quotes
14.1.1.3. All purchases approved by CFO
14.1.1.3.1. Budget
15. Step 12: Create Sales and Pricing Sheet
15.1. Timeframe 2 months
15.1.1. Finance and Accounting Team
15.1.1.1. Compare industry prices
15.1.1.2. Create specials and packages
15.1.1.3. Customer appreciation deals
15.1.1.4. Return customer specials
15.1.1.4.1. Budget
16. Step 13: Create Monthly Expenses and Budget
16.1. Timeframe 2 months
16.1.1. Finance and Accounting Team
16.1.1.1. Fixed and variable expenses
16.1.1.2. Outstanding loans
16.1.1.3. Return customer specials
16.1.1.3.1. Budget
16.1.1.4. Monthly salaries expectations