The total cost for hiring a business consultant including writing a business plan – $2,500.Marketing promotion expenses for the grand opening of the professional recording studio in the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of $3,580.Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – $3,300.The total fee for registering the business in the United States of America – $750.These are the key areas where you will spend our startup capital
Aside from that, you are expected to pay your employees and utility bills. Microphones, Studio Monitors, Desk/Workstation, Virtual Instruments, MIDI Controller, Electronic Drum Kit, Reflection Filters, Diffusers, Acoustic Panels, Bass Traps, Studio Chairs, Studio Rack Mounts, Control Surface, Software/Plugins, Snake Cable, Uninterruptible Power Supply, Direct Box and Keyboard instruments and related keyboard gear. When it comes to building a professional recording studio, the major areas that you look towards spending the bulk of your cash is in renting or leasing a standard facility, converting the facility into a recording studio and equipping it with the needed gadgets such as Computer, Rack Mount, Power Conditioner, Microphone Preamp, Headphone Amp, Monitor Management, How Much Does It Cost to Buy a Recording Studio Franchise?Įstimated Cost Breakdown to Build a Professional Recording Studio.Can a Recording Studio be Bootstrapped on a Lean Budgetfrom Home?.
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