Starting a recording studio business
Posted: Thu, 2023-Jul-06, 02:20
Hi Stuart, Jennifer, and Starlight!
I can't remember when I posted last but it has been a while. Hope all is well with you all. I hope to post on the completed studio page soon, but first I want to pick your brains about the new studio business partnership I am about to enter.
My studio was completed in the summer of 2020. You probably don't remember, but it is a one room studio and has been used as a rehearsal space for my various groups for whom I drum for. I have done some live multi-tracking too, which has been so fun, and I love the art of mixing. And, my space has been complemented by a few local sound engineers, who feel it is the best sounding space in our area! The cost was a small fortune, but I love it! Life changer!
Anyhow, I need to make more money. Inflation is killing me and I can't sustain a living as a musician and part-time music professor, so I have decided to partner up with a talented sound engineer and guitarist with whom I play with. He just started his own recording studio, but his space is small and dingy, but his mics, preamps, and other gear is really nice and his mixes sound great. So the idea is for him to move his gear into my studio and to start a recording studio business and basically split expenses and any profits 50/50. His job would be to record and run all sessions and my job would be to provide the space, my gear, and my numerous drums and percussion instruments. He would also mix and master if requested.
We had our first brainstorming session together today and created this list:
- Split everything 50/50
- Tracking only in my studio, or do both mix and track? (my desk is on wheels, so we can move it during sessions and then have a mix station after)
- Publicity (Social media, Social media ads, website, flyers, business cards)
- Complete list of all our gear
- Promote drum tracking and the vintage drums and percussion available
- Possibly rent as a rehearsal space (not sure wife will agree. The studio is 100 ft. from house, but still. Maybe build a fence).
- Move acoustic piano into space? (He has an upright)
- How to deal with loud guitarists and possible bleed (he mentioned building a small guitar-like isolation booth. I forget the term.)
- What to charge? Thinking $60 per hour to begin. We are a small city/county college town. Only have 136,000 residents and worry about starting too high.
- Insurance
Well any advice or things to add to our list would be great.
Thanks for everything!!!
Howie
I can't remember when I posted last but it has been a while. Hope all is well with you all. I hope to post on the completed studio page soon, but first I want to pick your brains about the new studio business partnership I am about to enter.
My studio was completed in the summer of 2020. You probably don't remember, but it is a one room studio and has been used as a rehearsal space for my various groups for whom I drum for. I have done some live multi-tracking too, which has been so fun, and I love the art of mixing. And, my space has been complemented by a few local sound engineers, who feel it is the best sounding space in our area! The cost was a small fortune, but I love it! Life changer!
Anyhow, I need to make more money. Inflation is killing me and I can't sustain a living as a musician and part-time music professor, so I have decided to partner up with a talented sound engineer and guitarist with whom I play with. He just started his own recording studio, but his space is small and dingy, but his mics, preamps, and other gear is really nice and his mixes sound great. So the idea is for him to move his gear into my studio and to start a recording studio business and basically split expenses and any profits 50/50. His job would be to record and run all sessions and my job would be to provide the space, my gear, and my numerous drums and percussion instruments. He would also mix and master if requested.
We had our first brainstorming session together today and created this list:
- Split everything 50/50
- Tracking only in my studio, or do both mix and track? (my desk is on wheels, so we can move it during sessions and then have a mix station after)
- Publicity (Social media, Social media ads, website, flyers, business cards)
- Complete list of all our gear
- Promote drum tracking and the vintage drums and percussion available
- Possibly rent as a rehearsal space (not sure wife will agree. The studio is 100 ft. from house, but still. Maybe build a fence).
- Move acoustic piano into space? (He has an upright)
- How to deal with loud guitarists and possible bleed (he mentioned building a small guitar-like isolation booth. I forget the term.)
- What to charge? Thinking $60 per hour to begin. We are a small city/county college town. Only have 136,000 residents and worry about starting too high.
- Insurance
Well any advice or things to add to our list would be great.
Thanks for everything!!!
Howie