Business Plan For A Local Recording Studio in Keroka
Business Plan For A Local Recording Studio in Keroka
Business Plan For A Local Recording Studio in Keroka
Executive Summary
There are more than 150 established gospel singers in Kisii and Nyamira alone
beside secular musicians, and most recently content creators. The few Recording
Studios around 8 are the ones that serve the larger Gusii including a large chunk of
Luo Nyanza and Kuria. Many Church Choirs have to queue for several days to
record their songs. The situation worsens when these choirs seek video shooting
services, and needless to say they are many.
The Studio shall seek to provide an excellent alternative to the many upcoming
artistes in the region particularly Gospel Artistes since it is also church based.
2. Business Objectives
To achieve a customer base of at least 100 clients within the first year.
3. Market Analysis
3.1 Industry Overview
The demand for recording studios has been on the rise due to the increasing
number of independent artists and content creators in Kenya. With the growth of
digital platforms like YouTube and Spotify, there is a significant opportunity to
provide affordable yet professional services.
There is no competitor within Keroka Town, save for the larger established studios
in urban areas like Kisii which is the nearest. However, many lack specialized
services or affordable pricing tailored to local needs.
4. Services Offered
The proposed Studio shall provide above standard services in the following areas;
We intend to employ attractive incentives to attract all potential clients from the
region by enlisting the following;
6. Operational Plan
6.1 Location
The Studio will be set up in the serene environment of ‘Amabuko Area’ within a
space that is acoustically treated to minimize any noise interference.
8. Management Team
9. Conclusion
This business plan outlines a clear path toward establishing a successful recording
studio in Keroka that meets all local demand while adhering to a lean budget of
Ksh. 1.5 million.