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Published byMonica Cole Modified over 9 years ago
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By Chris Cope
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Advertising ◦ To be done by word of mouth and various websites. Salary ◦ Our few employees will work on commission from what we make from the band, label, or venue. Rent ◦ We will be working out of our cars and homes for the first few years so this will not be necessary. Inventory ◦ Since we are in the service industry we will not have to keep inventory. Supplies ◦ Supplies will be our main expense, as we will use paper to make fliers in mass quantities for the shows we are promoting.
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Internet ◦ The company will pay for internet for our promoters. This will be approximately $200.00 a month to cover all of our employees. ◦ We feel this is necessary because it is now the best way to get your name out, especially with web 2.0 products and services.
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With employees working on commission, we feel they will be very competitive with other promoting agencies. On average we will make $300 dollars a show, and pay 20% commission to whoever booked it. At an estimated four shows per week our company will gross $1200. We expect this to rise exponentially as we get our name out and work a larger area. Since our commission will be relatively low, we will provide bonuses throughout the year based on our net profit.
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