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2023-03-07


Business Management 101: Making Sure You Get Paid - part 1

As a music industry entrepreneur, it’s one thing finishing the work and it’s another getting paid. After all, there are a lot of musicians out there who need instruments, microphones, and more–and not all of them are willing or able to pay for their equipment in a timely manner. Luckily, with a few time-tested strategies and some handy tech solutions, you can simplify admin, track your incomings, and secure payments quicker, ensuring that the money promised is money earned. Here’s how.

Software
Accounting software is crucial for keeping on top of cash flow, managing payment procedures, and monitoring your business’ financial health. You can also use it to track outstanding payments and automate actions to ensure that invoices are being sent properly, clients are playing ball, and that your company is following up on the ones who aren’t.
Picking the right accounting software can be difficult as there are so many great options. It’s important, therefore, to look at this decision as an investment. Ultimately, you’ll need a program with good general functionality, cross-platform compatibility, and scalability, meaning that as your company grows, the system can grow with it. It may also help if the program has multicurrency functions and the provider has well-reviewed custom support. Crucially, it must also have a clear interface that you (in addition to any finance employees) can understand and navigate. Weighing these requirements against cost will help you to narrow down the right choice.

Specialists
If, after the introduction of accounting software, your cash flow is still stunted and you’re struggling with setting up payment channels, it might be worth reaching out and enlisting the help of an accountant. An accountant, beyond tax management, financial planning, and deduction claiming, can chase up outstanding payments and will be trained to do so in an expedient, professional manner. Perhaps most importantly, an accountant can also formalize your invoice process and set the foundations for best practice moving forward.
Tag: pop, money makers, business, how to be paid
2024-07-10

Why Diiv is Both Right and Wrong for Indie Music Scene

Diiv has been a popular name in the indie music-sphere for more than seven years now. With their dreamy and slow post-rock sound, the band led by Z...read more
Tag: Diiv, music artist, best songs, artist career
2023-09-19

The Untold Truth About Art Blakey: A Critic's Honest Evaluation

Are you a fan of Art Blakey’s music? Sorry to break it to you, but he might not be the musical genius that you had built him up to be. In this blog post, we’re going to take a closer look at some of the less-than-stellar facts about Blakey and his approach to creating music – including some stories from his own career that may surprise (and shock!) even diehard fans...read more
Tag: Art Blakey, music artist, best songs, artist career
2022-11-01

A Musical Journey with Everlast: From His Beginnings to His Most Famous Hits

When it comes to soulful and hard-hitting music, there are few artists that can match the talent and skill of Everlast. Known for his unique blend of hip-hop, rock, and blues, Everlast is a musical legend who has left an indelible mark on the music industry for over three decades...read more
Tag: Everlast, musical biography, best songs, playlist
2025-01-08

The Many Sides of George Gershwin: A Look at His Enduring Legacy

George Gershwin is considered one of the most influential American composers of all time, enjoyed by generations from his heyday era in the 1920s up until recent years. His enduring popularity owes mainly to his undeniable talent for creating timeless music that speaks to countless audiences...read more
Tag: George Gershwin, music artist, best songs, artist career
2022-11-01

Nat King Cole and his Timeless Musical Legacy

Nat King Cole, a legend in the music industry, has left an indelible mark on the world of music. His music has remained popular over the decades and continues to inspire new generations of music lovers...read more
Tag: Nat King Cole, musical biography, best songs, playlist
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