EXECUTIVE SUMMARYTerrell Music LLC
Randy Terrell Beckless Jr.
824 W 54th St
Telephone: 501-271-1905
North Little Rock, Arkansas 72118
Email:
[email protected] Terrell Music LLC (referred to from hereon in as the "Company") is intended to be established as a Limited Liability Company at 824 W 54th St, North Little Rock, Arkansas 72118 with the expectation of rapid expansion in the arkansas music industry. The Company solicits financial backing in order to be able to introduce its new service (described below).
Business Description The Company shall be formed as Limited Liability Company under Arkansas state laws and headed by Randy Terrell Beckless Jr..
Management Team The Company has assembled an experienced management team:
Sole Member - Randy Terrell Beckless Jr., Grew taking interest the business of music, over years of making (experienced) friends and associates with bonds forged by what we love to do.
Business Mission Central Arkansas lacks proper representation. Smart investing and funding along with talent, representation is provided. I truly believe Arkansas' market is undervalued. Arkansas being rich in nature, a holder of great civilians, a keeper of bright youth, and having an rapidly growing music scene. Which brings me to say, I know with me getting my boots dirty, the smart use of time, connection, and funding. A mark can be made, and Arkansas can definitely get what has been craved over years now. Effort, patience, know how, and knowledge is guaranteed.
New Service The Company is prepared to introduce the following service to the market:
Music~Performance~Entertainment: Terrell ( an Arkansas Native) provides entertainment through music and performance ranging to R&B, Hip Hop, and Soul.
While the music scene within Arkansas is growing, there are few standouts. Arkansas media consumers want something different. The "Hip Hop" genre seems to have no stand outs because unfortunately there are many copycat artist, and a lack of originality. There are underground "R&B" and "Soul" artist, Though not many, if any standouts. The "Country", "Americana", and "Bluegrass" genres are catching steam in Northwest Arkansas, there are potential standouts. Arkansas wants standouts, originality, diversity, and product that has a budget put within it. Competitors are lacking the know how, budget, creativity, and professionality to standout.
Funding Request The Company requests a total loan of $24,000.00 over the course of two-three years, to be used for the following purposes:
Production ( Exclusive Licensed Instrumental, Studio Time, Mix/Master ) ( Three singles and an EP )
Music A&R Services ( Pitch music to music supervisors, to provide possible placements in film and tv. Increased audience and exposure. )
Networking ( Conventions and events )
Photography/Graphics ( Singles and EP Artwork, Social Media, Videos )
Marketing ( Advertising, Online Radio, Press Release )
Essential (Copyright, Music Licensing)
Purpose Loan Amount Marketing $4,000.00
Production $6,000.00
Music A&R Services $3,000.00
Networking $4,000.00
Graphics $4,000.00
Long-term debt payment is a key feature of the Company's financial plan. We expect to break even within a time period following the introduction of our service. Financial predictions suggest a minimum percent return on investment by the conclusion of the financing period.
Business Goals and Objectives Short-Term Goals
I don't have a fluent income from music at the moment. I most likely will not until the next year or two. I will be using the funding to most importantly market and connect , record at quality studios so I create quality product, purchase the exclusive licenses to instrumentals (I want to only lease exclusive instrumentals. While other licenses can be put aside or de-platformed, if another artist owns the exclusive license.), attend artist and A&R conventions, photography, cover art, website ( will not be costly as I am at the moment in the process of starting up), A&R fees, and streaming distribution.
Long-Term Goals
Make Terrell, a staple name and talent in Arkansas and America. Networking with quality and valuable names. Having a strong presence behind the scenes.
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