Initial Notes

Didn't want that much writing on my notes as I feel confident about what I am talking about and having something to scripted would only confuse me. These are my initial notes but I will also post my updated versions.

Advertising / Marketing
- FACT magazine - Music orientated target audience - £450.00 a month - bi monthly to save on costs
- Online presence - Cost effective - Direct to audience
- Don't panic - Print costs / circulation - Rest of the pack is less relevant
- Events - Promotion for both studio and artists / studio values

 Supplies
- Our own supplies - where we saved
- What we felt was necessary for the first year of business
- Mac Pro - Environmental impact, reliability, technical ability
- Screen - Best results for print
- Hard drives - back up our work, reliability

Funding
- £10,000 loan - £2,500 financial security / set backs
- Natwest - Helpful and reliable - Been in to see an advisor

- Summer jobs - £1500 each (£6000)- first half of the year for all of us
- Rest of the rent - Cover through part time jobs, eventually studio will take over these jobs
- £25 a month to repay the loan - which we can increase when profits go up
- Cash flow forecast - £8,000.00 - first year of business (studio profits alone

Studio
- We considered getting a studio flat instead of a studio and a house (bottom left image) but ended up being more expensive
- A former Georgian Cotton Mill.
- 10 Minute walk from Manchester Piccadilly. Close to University’s/city centre
- In the heart of the city.
- Fully Furnished / CCTV

WHY
-Appropriate to bring clients to.
-Cheaper than setting up home studio. (Explain previous plans) *
-Separates home life/work life.