This unit is designed to give learnersan understanding of the financial and business aspects ofestablishing and operating a music-related business.This unit will alsodevelop learners’ knowledge of funding and forecasting in relation to music-based activities. Learnerswill gain the knowledgetouse a software application to record data and produce a cash flow forecast as a spreadsheet. This unit is intended for learnerswishing to pursuea career within the music industry.
Outcomes
1 Evaluate requirements for setting-up and operating a music-related business.
2 Explain and evaluate sources of funding for a music-based project.
3 Prepare a cash flow forecast for a music-based projectin response to a given brief.
Skill Level: Beginner