
Inside the Playbook: Dan Gonzalez on Why Artists NEED Business Managers
The Manager's Playbook
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Navigating Business Structures for Artists
This chapter explores the essential steps in setting up a business structure for artists, focusing on the benefits of a holding company to manage diverse revenue streams. It emphasizes the differences between business managers and accountants, underlining the need for strategic financial partners in the music industry. Additionally, the chapter discusses the complexities of tax obligations, financial decisions regarding advances, and the dynamics of profit-sharing with record labels.
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