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Entries in saving money (1)

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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