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 ...