3min chapter

The New Music Business with Ari Herstand cover image

Handling Your Music Finances From a Business Manager and Accountant

The New Music Business with Ari Herstand

CHAPTER

Can I Skip Having a Paroll Company?

If you're on tour, you're an employee of the band. So when i hire a drummer to play my show for 200 buk, they're not on my pay roll. I'm going to write them a 200 dollar check, or i'm going to venmo them 200 dollars. That is because they're a en contractor for the night. They don't have, you know, that's the difference, right? Yeo. Well, literalland they cared you interest. And there'll be like two years behind. You'll get a notice like two years later, like, hay, you messed up on this quarter. It was ten cents, but we've also charged

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