Internet radio station business plan template
Radio station budget template
We will produce high quality programs and our programs must be wonderfully produced. We are about giving new, fresh talent a chance to express their skills and to give them a platform to showcase their work It is vital that community stations are designed to provide specialist programs. This section of the business plan should not span more than 1 page. We can have the best idea for a program, but in this day and age with so many listening choices, if the quality is not good we will lose your audience. Capital Community Radio Station will also develop strategic alliances with radio production companies and broadcast their work on our station. Based on historical numbers, the business could fetch a sales premium of up to 10 times earnings if the Company earns substantial royalty income from previous broadcasts. There are several stations with whom we will be competing. Choices for talent depends on your station's format. Aug A Develop incentive scheme related to job requirements. Having only a computer without an internet connection might be useless; the reason being that you would need to be on the web to have your purpose accomplished and be able to transmit to even those who are using smart phones, android phones as well as ipads. Mar C Leases Pay off the existing lease on capital equipment, thus reducing the monthly financial burden. All radio business development hinges on an FCC license. Most radio stations have sponsors and having them lined up before delivering the business plan to investors is a plus. Arbitron is the gold standard for ratings.
Regular updates in the content and music programming offered by the business so the Company may continue to maintain a large diverse customer base.
We will have Photos Additional written information that can be sent electronically Press releases Outreach possibilities Ancillary product possibilities Market Analysis We expect to compete as a freelance radio station in the broadcasting industry.
Produce a monthly newsletter that shows examples of your products and how customers have benefited from using them.
Pricing Strategy We plan to set our advertising rates based on market value. The company is seeking a loan that will be used to purchase the equipment and start-up expenses.
Raise startup and operating capital. At Capital Community Radio Station, we take pride in our work and it is our aim to be the best at what we do.
OGS Capital consultants works closely with radio station operators to develop the ideal business plan and can help entrepreneurs target particular investors.
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