It has been my life long dream to open my own concert venue. Can someone please tell me the gist of what is needed and how to go about doing it? Any suggestions would be helpful :) Thanks yall!
2006-12-06 11:34:52 · 4 answers · asked by Anonymous in Business & Finance ➔ Small Business
Congratulations for following your lifetime dream of opening your own concert venue. I have included some resources to help you start on your quest for it to open.
First, the location is always key to making it a success. Can someone access the location from major roads or highways?
Second, check with the local zoning board to see if it is posible to open one and what the minimum requirements are.
Third, the best place to start is get involved with an organization with SCORE which is an organization made up of retired business executives. It is a free membership.
Fourth, the Small Business Administration can help you with financing it and providing advice regarding operating it.
Fifth, look at the venue itself. Will it be outdoors or indoors? Will it be in an existing building or new construction? Will it be a bar or a lounge if indoors? If alcohol will be served, what are the requirements for a liquor license in the area?
Sixth, look for sponsors or those companies who want to tie into yours for promotion or exclusive use. For example, it can be a certain brand of soda, snack chips, etc. The individual's company's website should have more information about it.
Seventh, it is a must to have a merchant account. A merchant account refers to accepting credit cards as a method of accepting payment from an individual. It can come from a bank or credit card themselves. It is important to take Visa and Mastercard minimum. It could possibly encourage more ticket sales over time. The credit card company will take a small percentage of each purchase, but it will be worth it.
Eighth, become friends with the record labels both local and nationwide along with radio station personnel. The record labels will help you bring talent in to perform at your venue. Most music radio stations also promote local concerts to its listeners. Also, you might want to think about donating about 8-12 tickets from each concert to the appropriate music style radio station because it can be a great promotion.
Ninth, make sure to have pleanty of liability insurance on the facility itself in case something happens. It will help protect you if something happens on the grounds.
Tenth, file with the state and federal governments. On the state level, you will need a LLC (limited liability corporation) or a corporation filing. The paperwork can be located at a stationary store or online form store. You will also need a tax id number on the federal government side which can be located at IRS.gov.
Finally, before your concert venue opens, you need to advertise it both on the web, local newspaper, flyers, and even the local telephone book. Advertising is worth the price to because it will attract paying customers to the location.
I have included some resources that should help make the dream become possible.
2006-12-09 01:24:49 · answer #1 · answered by dawncs 7 · 4⤊ 0⤋
Starting A Music Venue
2016-10-19 09:10:27 · answer #2 · answered by ? 4 · 0⤊ 0⤋
First thing you will need is a LOT of money. Once you have that taken care of, go around to as many concert venues that you can find, and start talking with people who work there. Eventually, if you are persistant enough, you should be able to talk with someone who actually owns one. Ask them what they did, and do the same.
2006-12-06 11:40:03 · answer #3 · answered by Anonymous · 1⤊ 0⤋
When picking a concert venue you need visibility and popularity of the place. It would be so unwise to have a concert in a hidden place. Make publicity by making flyers to your venue. FLyers could help you
very much. But still it boils down to talent. You need to be talented
to get your concert started
2006-12-08 20:23:16 · answer #4 · answered by Ben Baang 2 · 0⤊ 0⤋
well, i would start with a location.
you're either going to want to find a lot of land and put in a stage and "backstage" seats and lawn area.
you'll need area for mechandise selling and ticket area. also, you'll need to fence it all in so people can't get in.
OR, find a bar to attract local bands and then if you're in a big enough city you cna attract famous bands too, like the 930 club in D.C.
then, once you have your location contact the artists' labels to try and schedule them at your venue.
good luck.
2006-12-10 06:43:07 · answer #5 · answered by joey322 6 · 0⤊ 0⤋
You need a sound expert to work with an architect to amplify the music/sound of your concert hall.
Also, if it's an open structure, make sure it's in the place of your city where it never sleeps.
2006-12-08 23:01:10 · answer #6 · answered by denxxchua 3 · 0⤊ 0⤋
well first you need lots of money,and then you need property that you can be zoned for concerts. and you need insurance to protect your property and the bands and patrons to your shows.no matter if it inside or out ,you have to have permits to have concerts,even private concerts.i have worked with several nashville bands and it takes lots of money to put on a show ticket sales,security,and taking care of the bands you hire.some bands have strict demands on power usage,food and security.it is alot of fun and you meet a lot of people.you have a lot of work to accomplish your dream but if you have the will and the money your dream is truely at hand.
2006-12-10 03:38:13 · answer #7 · answered by steve j 2 · 0⤊ 0⤋
choose a good public place,and addvertise about your concert venue,and make a good back support. do hard work.
2006-12-09 14:37:07 · answer #8 · answered by mohd s 1 · 0⤊ 0⤋
Either have a lot of money or you will need investors.
2006-12-10 01:58:39 · answer #9 · answered by klj 1 · 0⤊ 0⤋
Interested in this
2016-07-28 05:19:15 · answer #10 · answered by Tamie 3 · 0⤊ 0⤋