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I'm thinking of owning one but would like to know if the capital is good and also how much would It cost to open one up that would be profitable? be specific and u will get points if u not ur dumb

2006-06-09 06:04:58 · 5 answers · asked by playasmooth2005 1 in Business & Finance Investing

5 answers

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* The Savvy Studio Owner: A Complete Guide to Setting Up and Running Your Own Recording Studio by John Shirley, Richard Strasser
* Make Money with Your Studio: Setting Up and Operating a Successful Recording Studio by Tom Volinchak
* The Studio Business Book, Third Edition by Mitch Gallagher
* How to Build A Small Budget Recording Studio From Scratch: With 12 Tested Designs (TAB Mastering Electronics Series) by Michael Shea

I also posted links to some free articles in the source box.

Hope that helps! I wish you much success & happiness in all your ventures!

2006-06-09 06:39:46 · answer #1 · answered by TM Express™ 7 · 11 1

That question can not be answered; it all depends on what you do with your studio. If your engineers don't know how to get it done, no one will want to use you. I would recommend you spend a year or two at one of the better ones in your area to learn the basic daily operations.
Decent one > $50K

2006-06-09 06:09:19 · answer #2 · answered by jimbob92065 5 · 0 0

about 20 thousand

2006-06-09 06:06:26 · answer #3 · answered by dirtee diamondz 3 · 0 0

It takes 12 seconds for the yahoo answers page to load for me to be able to click on the [add your answer] button. thus, is my laptop slow??

2016-08-22 23:32:12 · answer #4 · answered by alix 4 · 0 0

This is a good question

2016-08-07 23:24:06 · answer #5 · answered by Tanika 3 · 0 0

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