Chapter 8
The Business of Managing Your Money
In This Chapter
◆ Why you need to create a business for your music
◆ Choosing the right type of business
◆ Setting up a business bank account
◆ Discovering why you need a business manager—and how to find one
◆ Learning more about taxes
Even if you only play for fun, you’re likely to make a little money playing now and then. But when you receive that first paycheck, you’re now a professional—and your music is no longer a hobby, but a business.
Dealing with your music as a business is challenging. Let’s face it, few musicians are numbers savvy; if you had bean-counting in your blood, you’d be taking the CPA test right now. So you need someone in your corner to help you deal with all the money issues you’re ...

Get The Complete Idiot's Guide to the Music Business now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.