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https://cairorosharn.wixsite.com/cairomusic/media

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Distribution companies will pay you to use your music as a soundtrack for projects like TV ads.

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Scott Storch is one of my favourite and one of the most influential producers in the last 3 decades.
He started out by making his first $100 by playing the piano at an event at the age of 13. His career began when his manager signed him to become a member of the small and upcoming band named 'the roots' in 1991.

But that wasn't enough, he wanted to explore more music as he believed that he wanted to be more than the "guy who played the keys in the roots." So he decided to step away and become a producer creating his own sound.
After leaving LA to Florida he started networking by going to gigs and chasing artists
Later worked with the likes of Dr Dre, Beyonce, Jay Z, Snoop Dogg, Eminem, Timberland and is now a pioneer in the music industry with hi influence of Neo soul and Hip hop jazz.

Although Scott's success originated in a different time, his path can be similar to somewhat like myself because i wish to gain experience
https://youtu.be/tUy78n_w6kk

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create a brand and establish your name with copyright so no one can steal your work

create a website with a bio and information about yourself. You can even preview your latest work and link it with your social medias. This is crucial because it gives you a more professional image and an opportunity to credit yourself.

use social media to promote your work, post daily to keep your fanbase active on your page.

speak and network with people in the industry by going to music events such as gigs, shows, concerts and even open mic so you can show people who you are and what you do.

Create an inner circle i.e group chats where you can ask friends to share your work on their social media pages.

Collaborating with artists and other producers is great because it enables you to connect with their fans as well as your own when providing new content

Previews and snippets are also really useful ways to tease your fans with your latest work

contact people working in other communities such as youtubers who can use your tracks as background or intro/outro music.

You can also run a reaction campaign where a youtuber (with loyal followers) would react to your music with link to your page/website in the description.

Give your music out to influencers online who have a big fanbase who will promote your music

Its always important to keep your fans engaged and hyped up for your next release. Create a schedule in their minds so they are constantly aware of when your latest track will be arriving. This means that you can promote your work weeks before its even released.

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gives free advise on topics such as how to promote your music

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Go to places like:

live shows

open mic (to find and speak with artists)

The studio is a great place to meet and speak with new artists. Here i can show them my work and what type of music i create

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Ways to market your work

Advertisement

Licensing

Publishing

Posters

leaflets

social media ads

Target Audience
its important to know who you want your music to attract.
For example, i would target young people like myself who enjoy listening to rap music.

Keeping Trendy

understanding whats popular

create your own signature sound that is unique and brings something new to the industry

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This part of the business involves understanding what is required to become a sole trader.
For this i must ensure that i :

keep record of all business’s sales and expenses (through bookkeeping ect)

send a Self Assessment tax return every year

paying Income Tax on your profits and Class 2 and Class 4 National Insurance use HMRC’s calculator to help budget for this

manage your business debts

registering for VAT

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Promotional approaches for music

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Being a Freelancer In The Music Industry

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When handling your my business, i will need to understand that every company needs a production plan. However, effective planning is a complex process that covers a wide variety of tasks to ensure that assets such as materials, equipment and resources are available when and where they are needed.

My Business plan will include:
1. Create a To-do list
2. Obtaining home studio equipment

desktop (IMac)

headphones Audio-technica ATH-M50X

studio monitors Yamaha HS5

MIDI keyboard

3. Create my own sound and record artists to make projects such as Eps,   albums ect
4. Network with people in person by attending gigs and shows
5. Build my team that will help promote and publish my work
6. Continue to branch out and work with as many people in the industry.

Career Goals
My career goals are to create a well established brand in my name.
Create great content for my social media fanbase to love and enjoy.
To make music that is appreciated by my fans and for millions of people to enjoy around the world.

Schedules are just as important because not only does it make more organised as a freelancer, but it creates a more professional image. So for example, i would schedule when i have mixing sessions with a specific client (be it an artist or a producer) and i will take notes of this on my calendar. This will therefore make more aware of the things that i have planned.

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Income Tax and National Insurance Contributions 

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Income Tax and National Insurance Contributions 

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Since I'm going to be working as a sole trader, it's important to understand that the taxation will be more simple to manage. When working for yourself, you have a tax free allowance when earning up to £11,850 a year.

When working, your employer will take it from your wages before you get paid. Your payslip will show your contributions. Furthermore, if you’re a director of a limited company, you may also be your own employee and pay Class 1 National Insurance through your PAYE payroll.

You pay National Insurance with your tax. If you are self-employed you pay classes 2 and 4 national insurance, depending on your profits. Most people pay both through self assessment.

Class 4 you must calculate the amount you owe based on your profit,

Class 2 you must pay an amount based on a fixed rate charge.

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It is vital that you keep track of your clients payments to your business. In order to be as professional as possible

Bookkeeping involves managing your own expenses and income. When you get paid for your a specific job its important to keep track of you clients payments to your account and note when and where it comes from.

Below is attached a draft example of an invoice I would send to a potential client for my services.
Further below is an example of bookkeeping which would remind me of my expenses and earnings.

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When i upload a track i would first promote it through my social medias i.e. Instagram and Facebook with a caption. This would include a brief description about the music i have created and I would ask what they think about my it. (asking for feedback) I would also use specific hashtags such as logicprx, typebeat or 808 which are all related to the post. I will encourage people to like, comment and share the post with their friends.

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Licensing is very important when it comes to managing your music. This is because it involves

Companies can license your music

you can license music to a client for a period of time

Free beat licensing agreement
https://hiphopmakers.com/free-beat-licensing-agreements-free-music-contracts
Templates music contract agreement
https://www.sampletemplates.com/business-templates/agreement-templates/music-agreement-contract.html

main points of producers agreement
https://law.freeadvice.com/intellectual_property/music_law/music_producer_agreement.htm

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Advantages of a sole trader

You keep the profits

you get to work for yourself and manage your own team

Its a private organisation meaning the you have maximum privacy

its easy to rearrange your legal structure.

Disadvantages of a sole trader

you have liability in debts as theres no legal distinction between private and business assets

your capacity to raise capital is limited

Responsible for all losses and business decisions

Advantages of a Ltd company

pay less taxes through your personal account as profits are subject to corporation tax at 21%

your business is separate from its owners and is more distinct

you have limited liability meaning that the company can afford to protect you from any losses

creates a more professional and credible images larger companies will be more likely to work with you than sole traders

transferring the ownership of the business is far easier

Disadvantages of a Ltd company

The downfalls of working in a limited company is all when it comes to taxation. With this your taxes are all payed out of your business account with means you'll have t keep track of every payment made

Limited companies also have very public information which can me shared with everyone

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website

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Being a freelancer in todays music industry creates many opportunities for yourself.
When building my own company i will need a team of people with specific roles in order to help organise my business easier.
These include:

Artist

Musician, singer or rapper that performs and records vocals on my songs at different events to create an audience

Manager

Will negotiatee contracts with artists lawyers and accountants

represent artists in all business environments

Lawyer

is responsible for advising the manager artist on all offers/contracts

music/property/litigation lawyers are all important when things become uncertain in the business

Promoters and Distributors

Organises and publicises events, concerts and projects (ep,album, mixtape ect.) with agents and tour managers

distributors enables recorded music to be obtained by the consumers. companies sign deals with record labels which give them the right to sell that label's products.

The distributor takes a cut of income from each unit sold and then pays the label the remaining balance.

Tour manager

Organises tour locations and marketing with agents

Makes sure the artists arrive at hotels and venues safely during their tour

works with promoters and venue managers

Agent

has the authority to make key decisions for the company

scouts for new talented artists at places like gigs to work in our business

arranges events and concerts with other companies negotiating costs ect.

Accountant

Prepares accounting records and financial statements

compute taxes owed to other businesses and prepares tax returns

analyses trends, costs in the data and reports to management