Financial plan
Near-term plan:
he band did the introductory period on their own, at their own expense. The strategy divides the work into active periods („Steps”), so the first part (Step 1) was the introduction in 2021, to assess whether the ensemble plays music and messages that are acceptable to the general public. The achieved attendance was positive feedback for us, that is why we implemented the Step 2 in 2022-23. The content of this was another 3 + 1 new songs, what were also released in the form of video clips between the 6th of November 2022 and the 4th of June 2023 on YouTube.
We would like to continue the work with the Step 3, what we plan in a similar structure (3+1 songs).
Schedule of new songs:
1st song: August 2023
2nd song: September 2023
3rd song: October 2023 (this is the „+1” bonus song)
4th song: November 2023
Studio recordings 60.000,- HUF/song
The total cost of the video recordings approx. 100.000,- HUF/song
The total cost of Step 3 is approx. 640.000,- Ft
Medium-term plan:
The band wants to implement the Step 4 in the firs half of 2024 (we already have the song ideas), and from the fall of 2023 we are also planning to present live performances.
The ambition is to release the band’s first independent album in the first half of 2024 and to hold our first independent concert.
At this time we do not plan the expenditure requirements of Step 4, but its estimated costs will be around HUF 1,000,000.
Improvements:
For the smooth functioning of the group, it would be necessary to replace some instruments with better quality:
Bass guitar ,- Ft
Electric guitar ,- Ft
Synthesizer ,- Ft