Band Business Plan

Band Business Plan-48
If I was working for someone else and they started underpaying me, I would quit.Set yourself up so you love your business, and pay yourself a fair wage so you won’t want to quit.

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Follow them with the same passion as you followed your art, and you’ll be ahead of the game.

A passion project will be contagious for everyone that is exposed to that passion, but at some point, if you want to make a living doing your art, you must work it like a business.

While doing so, I found a lot of repetitive issues.

Here are ten tips to help you handle your business properly.

To be successful in business, any business, you need to be business savvy.

If you want to be a working artist, you need to be as smart as any business person in a meeting, or at least smart enough to hire the smartest person in the room.Also, don’t forget when you make your expense sheets, it needs to be for everything, not just your business costs, but your life.If this is going to be your job, you need to pay for life as well.Look at your role as an employee of your own business.Are you getting paid enough to pay your bills, save money, and have a vacation?” The last time we ordered download cards we got a great deal, which expanded our ability to make a profit at live shows.You can still meet your needed mark-up and please your fans; you just need to be smart about it.Setting up a profitable studio arrangement, or producing your music at home will allow you to keep costs low, hence passing on the savings.If someone wants to play “Let’s Make A Deal”, then be a great salesman: “I see you really are a fan and want some of my music to share, and I would love to help you out, so I can give you a digital download card for , and I’ll even sign it for you!Others, especially road musicians and comics, start to take what they can get for a multiple item sale after a show.This is where knowing the limits from your business plan, which was well-researched, will help you to live under normal business conditions, and hence be able to sustain your art as a living. To sell a CD after a show for is normal, while asking for makes it much less probable for point-of-purchase sales as your audience walks out the door.

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