MIONLINE SHORT COURSE
Starting Your Own Music Business
i COURSE OVERVIEW
i YOU’LL LEARN TO
- Determine business entity choices.
- Navigate resources to help grow their business.
- Create budgets & form a simple business plan.
- Evaluate sources to protect their music creations.
- Organize accounts for easy reporting.
i LESSON GUIDE
In this first class, we do an introduction & review of course syllabus. We review different entertainment businesses to help identify your business entity choice including sole proprietorship, partnerships and the LLC. Also, we cover the importance of domain names, business networking and forming your business website. PLUS we take a deep dive in evaluating your skills. Book: Starting Your Own Business Step-by-Step Guide Finance Knights Publications (2025).
- Introduction to the course and syllabus review.
- Overview of entertainment business types: sole proprietorships, partnerships, and LLCs.
- Importance of domain names, business networking, and creating a website.
- Evaluating personal skills for business success.
- Reference: Starting Your Own Business Step-by-Step Guide (Finance Knights, 2025).
In this unit, we explore Work for Hire vs Independent Contractor work, Copyrights, Metadata, PRO choice. Suggestions and timing to hire team members, full time employees or using interns. Also, we will share music memberships, attending conferences and great webinars & podcasts that will expand your business. Introduction to the Lawyers for the Arts, SAG/AFTRA, and Newsletters like Score & Digital Music News to help you stay current in your music field.
- Differences between Work for Hire and Independent Contractor roles.
- Understanding copyrights, metadata, and PRO (Performance Rights Organization) choices.
- Guidance on hiring: full-time employees, team members, or interns.
- Music industry memberships, conferences, webinars, and podcasts for growth.
- Introduction to professional resources: Lawyers for the Arts, SAG/AFTRA, and industry newsletters like Score and Digital Music News.
In this final class, we present budgets, money resources and getting ready for the tax man. We review how to make a recording budget, how to use B2B networks and connecting with organizations like the Small Business Association to help you make a business plan and find entrepreneurial funding. We review accounting terms & reports you should know as a business owner. Forms explained: W9, 1099-misc, 1099-nec and reporting your annual 1098. Reports: Income Statement and Balance Sheet. FINAL PROJECT: EXECUTE A START-UP BUSINESS PLAN.
- Creating recording budgets and managing business finances.
- Using B2B networks and organizations like the Small Business Association for funding and planning.
- Key accounting terms and reports: Income Statement, Balance Sheet.
- Understanding tax forms: W-9, 1099-MISC, 1099-NEC, 1098.
- Final Project: Execute a startup business plan.
i INSTRUCTOR
Ready to get started?
TURN YOUR PASSION FOR MUSIC INTO A CAREER
Lead Gen 2019 - Horizontal with Program
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