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Entries in band finances (5)

Tuesday
Mar052019

Tips For Saving Money While Still Eating Healthy On Tour

Guest post by Leah D. Nelson. This article originally appeared on Soundfly’s Flypaper

Going on tour is, for many, a road trip, but it’s also incredibly hard work. It’s work from a performance, planning, and marketing standpoint, but it’s also deeply important that you take care of your body while on the road. With all the planning and organization that goes into booking and executing a successful tour (and sure, having a bit of fun along the way), the idea of eating healthy, balanced meals may not even come to mind.

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Wednesday
Mar142018

Band Relocation: How To Change Your Music Headquarters

If you have a band, chances are you’re going to have to chance practice spaces at least once during the act’s lifetime. When it does come time to move to a new space, there are several things you need to do to make that move successful. Here are four of the most important things to keep in mind when changing your band’s musical headquarters.

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Thursday
Feb082018

Why Budgeting Is So Important For Independent Artists

No matter what, one thing is for sure: If you can’t get your budget under control, your music career will be a huge waste of time and money.

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Monday
Jul032017

Creating A Band Agreement: What You Need To Know

This guest post by Canadian entertainment lawyer Byron Pascoe originally appeared on the Bandzoogle Blog

Being a musician is a business. If you’re in band, one of the most important elements of organizing your business, is having an effective band agreement.

Without agreement among the members of your band, whether verbal, written on a napkin (is that still done?), texted, or written by an entertainment lawyer (shameless plug), some key issues will need to be negotiated at a time when perhaps not everyone is acting reasonably. Or you may need to rely on the law, which may not provide appropriate solutions for your situation.

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Wednesday
Sep022015

How To Pre-Plan & Manage Your Band's Tour Finances

When indie music duo Pomplamoose went on 28-day tour in fall 2014, they sold just under $100,000 in tickets. With merchandise sales and a sponsorship from Lenovo, they pulled in a total of $135,983. However, after paying for publicity, payroll, production, hotels, food, travel, commissions, merchandise manufacturing, and other costs, total tour expenses added up to $147,802. Pomplamoose ended up putting $11,819 on credit cards to cover the cost of their own tour.

Fortunately, Pomplamoose was expecting a loss

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