Loading...
“The Importance Of Record-Keeping For A Band” plus 1 more |
The Importance Of Record-Keeping For A Band Posted: 08 Nov 2018 04:32 AM PST If you’re an active musician who enjoys payment in any way, you’ll probably have to do taxes eventually. Unless you’re giving all of your music and merchandise for free, you may have already missed an important amount of work that could get you in trouble with the government. That’s normal — musicians don’t always think about it, happy their art is finally making back more than what they’re putting in. But eventually, it needs to be addressed. See, when you have a band, in a lot of ways you are running your own small business. You are selling a product, no matter how much integrity you have in putting it together. And where there’s a profit, there’s taxes to be done and records to be kept. If you don’t get this taken care of, it could ruin your band/music later. Initial BookkeepingThe first thing to address in terms your professional finances is record-keeping, or bookkeeping. This is necessary for taxes and professional records and not something to get behind on. Now, tours can go differently — for as much downtime you may have during a drive, you may have a full schedule. But even when you find yourself busy with the press, long drives, and touristy things, you need to make time for it. Keeping track of your miles is a good plan as well, as they are able to be written off. Now, in the past this was as simple as keeping all of your receipts from gas stations and keeping notebooks of how much merch was sold and what your payout was. In 2018, these things can still be helpful, but they’re going to be digitized anyway. Companies everywhere are switching to paperless records, and the rest of the world will probably follow suit. Many bands have taken environmental stances and rejecting receipts may be a chance to participate in that. For this, I’d recommend using something like Quickbooks Self-Employed if you can, which can connect your band bank account and credit card to the software. If you’re not at the point of having an artist bank account or credit card yet, or using this software, make sure you keep good books, even if this means keeping your paper receipts for a bit. When Professional Help Is NeededThere may come a point where financial advice or the help of an accountant may be necessary. Now, it’s important in this case to differentiate between an accountant and a bookkeeper. Where bookkeeping is purely record-keeping, Ohio University’s website explained that accountants are “qualified to provide their employers with these same services, but they also influence companies by offering more in-depth, actionable advice regarding their finances.” So when might you need an accountant? Well, an accountant typically might come in to help you work out a budget and figure out where to spend your money next. They also work as investigators in cases of financial fraud. Essentially, you need an accountant when your finances are too big for you to handle or you’re in need of help choosing your next moves. The key thing an accountant does is help you “manage” your finances, which can include bookkeeping but goes much further. In the case of a musician, it could be important when deciding how much to spend on a tour or a record, reviewing your spending after a tour, and planning which labels to go with for your next release. Sketchy HelpAs Going Concern pointed out a few years ago, a large number of accountants really don’t trust others in their profession. Citing a resource from CareersInAudit.com, they quoted a survey that showed a significant percentage of accountants believe that up to a quarter of their peers have acted unethically. So how do we impressionable musicians keep our guard up? How do we look out for sketchy accountants and financial professionals? First of all, tax preparers need to have Preparer Tax Identification Numbers (you will commonly see this referred to as “PTIN” in accounting articles online) before you trust them. This is the only way to know if they are legit. Self-proclaimed “idiot accountant” Gene Marks wrote in Entrepreneur to warn against those, like him, who are qualified to be accountants but should not be in the business. Ultimately, his piece comes down to whether or not the person in question seems to be actively working for you — whether or not they’re responding to you, if they’re offering proactive advice and reaching out on their own terms, and seem to want you to succeed. Inc.com also pointed out that you should check a person’s references. If you ask, they should be able to provide you with credibility from work with other people involved in artist and musician communities — at the very least, entertainment. It doesn’t hurt to ask some of your peers as well who they might recommend — going to the reference first, that is. If these things seem to check out, chances are that you’ve found yourself a pretty trustworthy financial confidant!
This posting includes an audio/video/photo media file: Download Now |
Types Of Music To Listen While Doing Yoga Posted: 07 Nov 2018 08:09 PM PST
If you like yoga you probably listen to a specific, music genre while exercising. How do we know that? 3 out of 4 yogis listen to music while exercising. If we add that more than 80% of them exercise at home, we know that each person has the countless abilities to create his own playlist. During just one workout, you will be able to listen to around 12 songs. Anyway, now we must reveal which types of music you can listen while doing yoga. The Combination of Yoga & MusicMeditation musicAround 70% of people who do yoga prefer listening to meditation music during their workouts. The most popular artist is Liquid Mind. The main reasons for that are simple. Yoga is commonly related to meditation, relaxation, and peace of mind in general. This type of music is literally linked to all these things so you can deduce why it is the most common. Traditional Indian
Traditional Indian is ranked as the second most common due to the fact around 37% of the yogis prefer listening to this type while doing yoga. Some of the best playlists can be found on Pandora and there are no limits here. You can listen to any artist you like. Indie/AlternativeThanks to 26% of yogis who prefer this music genre, it is on our list, among other popular music types. Some of the best bands to listen include Grouplove and Red Hot Chili Peppers. Of course, we only mentioned the most popular ones. You are free to listen to any band you like. In addition, here we can add that the Vinyasa flow is the most popular of them all with 57% of people following it. Classical musicAround 16% of people who do yoga listen to classical music during their workouts. An average workout is between 30 and 60 minutes so you can listen to a lot of different songs and more advanced pieces of classical music. Among the most popular artist are Mozart and Beethoven. Classical music is appreciated because it relieves stress and improves the peace of mind, which makes it great for yoga. Pop
How many of you believe that pop music is the most frequently listened among yogis? Probably all of you. However, only 9% of yoga practitioners listen to pop music during their workouts. A thing you probably know is that the most popular artists are Lady Gaga, Beyoncé and Taylor Swift. After all, they are the most popular artist in the world. People who prefer this type of, music while doing yoga usually like more eccentric moves and fast-paced workouts. FolkThere is a small difference in the popularity between pop and folk music among yogis. Around 8.5% of them prefer folk music with Bob Dylan being the most popular artist of this type. It is also common for people to switch between folk and pop music genres or to combine these two music forms. Luckily you can find millions of sons online within seconds. Electronic7.5% of yogis prefer electronic music. This form of music will give you positive vibes while doing yoga and it can help you speed up the process. Of course, it is rarer than other music types and there are no, the most popular artists here. Each yogis prefer a different thing. This music is especially popular when Yoga teachers find retreat for hire and organize group retreats. Everybody Has Their Own Sense for Good MusicWhich music type you prefer of the mentioned ones? Chances are high that you like meditation music. If not, try to find a music genre and the most appealing songs for you and listen to them while doing yoga. You will get de-stressed within seconds and you will be able to get the full power of yoga easier than ever before. This posting includes an audio/video/photo media file: Download Now |
You are subscribed to email updates from Music Think Tank (MTT). To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |
Loading...
Loading...