Business Plan For:

SIMILARKASH ENTERTAINMENT LIMITED
Executive Summary
Ownership
History
Goals and Objectives
Business Model
Target customers
Promotion
Competitive advantage
Financial Projections
Funding Requirements
Offering Plan
Legal Formalities

SIMILARKASH ENTERTAINMENT LIMITED
(Referred to from here on as the “Company.”

EXECUTIVE SUMMARY
The business opportunity (“the problem”) we are exploring to solve is to expand music listening demographics threshold (which remain in a standstill (historically) from 14 to 25 years old, to 50-year-old level) was the “problem” the executive is attempting to solve. While music applications have gradually improved over the last few decades, it lacks expansion to broader audiences. Therefore, filling such a gap is the main objective of this company. The mission of the company is to actively engage and support research in the development of technology application (“app”) for globalized music.
OWNERSHIP
(1). Moses Oladele Abiola 55%
(2). Floating 30% reserved for various corporate work and working activities, (including instruments, productions, workforce, corporate education and trainings, and technical research, other research, payroll and executive pay, investors, work, and dividend for equity contributors). (3). Festus Olasunkanmi Abiola 15% (from which 10% is permanently held without option to trade or sell), and the remaining 5% is matrix proportionally to his work support crew existing prior to January 1, 2020, those matrixes void upon termination of their association from him.
HISTORY
In 2020, the founder Moses Oladele Abiola (having a brief knowledge in musical production as a teenager) was looking for an artist who could perform a short musical note written in honor of a music icon. The response received for the project revealed amazing (but untapped) talents that exist in West Africa, (specifically in Lagos Nigeria). The numbers of demos received for consideration were so many. And after listening to a few demos, the founder therefore developed www.kashdaddyrecordsworldwide.com to post video performances of a few of those artists. And, as a marketing strategy SIMILARKASH ENTERTAINMENT LTD., was granted from 31 proposed names submitted for consideration. (SIMILARKASH ENTERTAINMENT LTD., is neutrally referenced here for narrative purposes only).
GOALS AND OBJECTIVES
The goal of this company is to revolutionize the music listening method, changing the listening appeal format to broader audiences by attempting to expand listening audiences from 14 years old, to 50 years old by engaging in research and development of technology devices with multiple language adaptation from which a specific music tune can engage in another preferential language options of the listener.
BUSINESS MODEL
We are pioneering the device-oriented method. (But our advantage is our ability to recruit natural talent from countless youth, pay them appropriately under copyright format of Work Made for Hire).
TARGET CUSTOMERS:
(a). As narrated under “Goals and Objectives”.
(b). College students
(c). Music enthusiasts
(d). Radio and Television stations
(e). Others
PROMOTING
International Music Promoters
College radio stations
Online influencers
Podcast
Social media pages and websites.
All available venues
Direct sales to international airlines
Others.
COMPETITIVE ADVANTAGE
No refund on online sales and downloads of music, and such gives us the advantage, as all sales are final, strengthening our workforce to focus concisely on our goals.
FINANCIAL PROJECTIONS
(See separate page for graph).
PURPOSE OF REQUIRED FUNDING FROM INVESTORS OR BANKERS:
(a). Inventory upgrade of up to 200 copyrighted titles unpublished composition.
(b). Development of studio and purchase of modern recording equipment and materials.
(c). Payroll for workforce, and legal consultation.
(d). Marketing, advertisement, promotion, promoters, and promotion materials.
(e). Copyright applicability.
(f). Working Capital. (Rental of office space in the metropolis in Lagos, and California).
GOALS
Goals and metrics for success are descriptively applicable to our line of product line. Our unique way to stand out from competitors (if any) is our research and development focus.
LEGAL FORMALITIES
All legal formalities that require attention (such as trademarks and copyrights) are handled and held firmly by the executive, because those are the most important aspects of the music publishing and recording industry.
THE APP FOR “GLOBALIZED MUSIC”
Readers may have heard the age-old expression that “Music is the Universal Language”. If so, let us begin to speak. What is Globalized Music Concept, one may ask? Our definition is: “To engage in supporting research and development of application (device) by which a single piece of music can be listened to in any desired language chosen by the listener without compromising the rhythms”.
The mission (and vision) of the company is to revolutionize music listening with multiple language capability. (By which a specific music tune can be changed to a preferential language of choice by the listener). Because, worldwide, the music listening trend is expanding, making substantial revenue through streaming of music (and purchases of related musical products). Research shows that consumers in this industry primarily focus on accessibility factors when making purchasing decisions. (For example, unless a Spanish speaking music listener speaks English, opportunity for a music piece vocalized in English language may be limited to the listener).
HISTORY AND OWNERSHIP
The founder (having a brief knowledge in musical production as a teenager) was scouting for an artist (in Lagos Nigeria) who could perform a short musical note written in honor of a music icon. The sample presentation (“demo”) received for consideration were so impressive; therefore, a website named https://kashdaddyrecordsworldwide.com was created to elevate the performances of few of those artists. And then, an abstract phrase (“Kash”) was suggested (by co-founder for corporate title) and was granted by the Nigeria Corporate Commission (NCC) from 31 names submitted for consideration.
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(While the website https://kashdaddyrecordsworldwide.com (and its operation) is totally separate from SIMILARKASH ENTERTAINMENT, LTD (“the company”) it’s used here for narrative only. The Company (SIMILARKASH ENTERTAINMENT, LTD) is held at: (a): Fifty five percent (55%) for Moses Oladele Abiola. And floating 30% reserved for various corporate work, instruments, productions, workforce, corporate education and trainings, and technical research, other research, payroll and executive pay, investors, work, and dividend for equity contributors. (b): And cofounder Festus Olasunkanmi Abiola fifteen percent (15%) from which 10% is permanently assigned to him without privilege to trade or sell, from which 5% is to be matrixed proportionally to all member of his constant work associates existing prior to January 1, 2022, those matrixes (as approximate to “work associates”) become null and void upon individual’s termination or withdrawal of their work relationship with him for more than 120 days. And all work performances upon rejoining consideration will be done as work made for hire, with a piece pay).
GOALS AND OBJECTIVES
The goal of this company is to revolutionize the music listening method, by changing the format to appeal to audiences beyond what is considered norms. We will accomplish this by kindling the interest of the general music listening audience (which current demographic indicated to be 14 years to 25 years of age). We will accomplish this by engaging in support and sponsorship of research and development of technological devices (“app”) with multiple language adaptation capability by which a specific music tune can be changed to a preferential language of chosen by the listener.
BUSINESS MODEL
From early (year) 2000, the founder has written, and maintained a substantial library of lyrics, music, and other literary work registered with the United States Copyright office in Washington DC. And we will recruit young talents and compensate them appropriately under (copyright format of) Work Made for Hire for rendition and release of specific list on the catalog. songs) Nonetheless, the company is broadly pioneering the device-oriented method.
TARGET CUSTOMERS:
Our target customers will be the general music listening audience and expanding the demographic beyond 50 years of age.
College students
Music enthusiasts
Radio and telecast stations.
PROMOTION
College radio stations
Online influencers
Podcast, social media pages and websites
Direct licensing (authorization) to airlines, and all other available promotion venues.
COMPETITIVE ADVANTAGE
Our competitive advantage is universal applicability improvement.
FINANCIAL PROJECTIONS
See data on a separate page.
FUNDING REQUIREMENTS FOR:
Inventory development, legal fees, payroll, patent, and copyrights, third party fees for research and development.
LEGAL FORMALITIES
Any legal formalities that require attention (such as trademarks, copyrights, and right to use) are handled firmly for being the most important in the music and recording industry.

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