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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
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Paramore: The Passionate Band That Will Keep You Motivated Forever

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Tag: Paramore, music artist, best songs, artist career
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Exploring the Critiques and Praises of The Fix's Unique Sound

Are you a fan of The Fix and their unique melodic fusion of hip-hop, funk, jazz and soul? If so, you're in the right place. Today we'll be exploring something both critical and positive about this inventive musical group from Southern California...read more
Tag: The Fix, music artist, best songs, artist career
2022-11-01

Discovering MamboLosco: A Musical Biography of the Latin Grammy-Winning Artist

Whenever we think about Latin music, the name MamboLosco immediately comes to mind. He's a musician, singer, and songwriter who leaves a mark wherever he goes...read more
Tag: MamboLosco, musical biography, best songs, playlist
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The Artistic Journey of Jess Glynne

We all have our favorite music artists, and today’s topic of discussion is the highly acclaimed British pop singer-songwriter Jess Glynne. Beloved for her unmistakable voice and heartfelt lyrics, she has taken the world by storm with her emotionally powerful music over the past several years...read more
Tag: Jess Glynne, music artist, best songs, artist career
2022-11-01

The Evolution of One Eat One: A Musical Journey

One Eat One is a talented musician with a unique taste in music. He has created a diverse discography throughout his career that has not only captured the hearts of music listeners but has also redefined genres...read more
Tag: One Eat One, musical biography, best songs, playlist
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