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Entries in finances (16)

Thursday
Mar312022

Creating The Perfect Budget-Friendly Home Studio

Recording at home seems like a great idea, at first. You’re likely a lot more comfortable at home than you would be in a professional studio, it can be cheaper, and you’ll have more time to get every recording right without wasting anyone else’s time. 

Still, creating your own home studio can be daunting, especially when you don’t know where to begin, and you’re on a tight budget. 

Thankfully, there are things you can do to simplify the process and make sure you don’t have to take out a second mortgage just to create a functional studio. 

Let’s cover a few ideas you can use to set up an at-home recording studio with the essentials. 

Get Creative With Your Budget

When you’re building a studio from scratch, there are some key essentials you’ll need to get started. There are also some things that would be nice to have, but can probably wait. Being able to prioritize your purchases will make it easier to put the basics together quickly so you can start recording. Some of the key components you’ll need to get started include:

  • A computer

  • DAW/Audio interface 

  • Monitors

  • Cables

  • Microphones

  • Headphones

Once you have some of the basic equipment, you can look at other “extras” like an upgraded interface, soundboard, and speakers. 

One of the easiest ways to prioritize what you should buy first is to create a budget. Doing so will allow you to see what you’re starting with, what you can afford, and what needs to be prioritized. Consider decorating on a budget and focusing functionality via a quality computer and monitors. The “extras” are still important, but when you have limited funds, they need to come last. The sooner you invest in quality equipment, the sooner you can make money by recording other artists. 

Prioritize Soundproofing

Professional studios have one big advantage over recording at home – they have soundproof booths that eliminate all outside noise. Whether you live in an apartment in the city or a farmhouse in the country, chances are your home wasn’t built to block out sound. Unfortunately, with no protection, that can lead to fuzz and background noise on your recordings. 

No one wants to hear a car horn, a plane overhead, or a cow mooing in the background. 

Thankfully, you can make your home recordings sound far more professional by soundproofing the room you’re transforming into a studio. The best part? It doesn’t have to blow your budget. While you can always have a professional come in and soundproof your room, there are plenty of DIY ways to block out noise, including:

  • Installing heavy thermal curtains or soundproof drapes over windows

  • Using a noise-proofing sealant on windows and doors 

  • Covering unneeded vents with acoustic foam

  • Using ready-made acoustic panels on walls and the ceiling

With a few inexpensive materials you can take your home recordings from distracting to intricate and detailed. Even if you can’t afford high-quality recording equipment, you can make up for some of it by soundproofing your studio. 

Decor Matters

Remember how we talked earlier about prioritizing your budget? Use whatever you have leftover after buying equipment and the right gear to decorate your recording space. It might not seem important, at first. And, of course, equipment should take precedence. 

But, decorating your space serves a dual purpose. 

First, whether you plan to use your recording studio for personal projects or you want to rent it out to other musicians, it’s important to set the right tone and foster a creative environment. Think about some recording studios you’ve been in or seen. They usually have artwork, colorful rugs, and warm tones throughout the space. You might be inspired to create something totally new in your studio, and having a creative atmosphere can help to bring new ideas to life. 

Things like furniture, rugs, and wall decor can also help to absorb more sound. Even if your space is soundproofed from outside noise, certain rooms within the home might not have the best acoustics. If you’re using a larger room, for example, the open space can create a lot of excess noise and echo. Having items in the room to absorb some of that extra sound will make a big difference and provide you with a cleaner, warmer tone. 

If you don’t have room in your budget for decorations, consider decorating on a budget and bringing some of your personal items into the studio until you do. Bringing in a couch with a few pillows, a throw rug for the middle of the room, or some artwork that inspires you can make a big difference until you’re able to purchase studio-specific decor. 

As you can see, it doesn’t have to take a lot of time or money to create a home studio. If you’re on a budget but can’t wait to record, use some of these ideas to get your studio off the ground.

 

Creating The Perfect Budget-Friendly Home Studio

Wednesday
Apr242019

Touring Tips For Bands On A Budget

Hitting the road and taking your band on tour is exciting. Whether this is your first tour and you’re still getting your feet wet or you’re veterans of the road, it’s important to make sure you stick to a budget so you can get to your designated performance locations with ease (and have a little fun along the way).

Playing music professionally is actually more of an investment than people tend to think. Until you reach “rockstar status” or you have a record label paying for your travel expenses, most of the money spent on a tour will come out of your own pocket.

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Friday
Apr122019

Here’s A Tax Loophole Just Songwriters

Guest post from Soundfly’s Flypaper. This article originally appeared on the Royalty Exchange Blog

Most of us songwriters have no idea that there’s a special tax loophole created just for us. For some artists, this change cuts our taxes right in half.

In 2006, Congress lowered the tax rate for songwriters who sell a part of their catalogs. It did this by reclassifying income from the sale of a catalog as “capital gains” instead of “ordinary income.”

Don’t worry, we’re not going to go full tax accountant on you. Here’s the simple explanation of what this means.

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Monday
Apr012019

Unsigned And Social – Touring On A Shoestring Budget

Guest post by Willa B.

Recently, my band, Storm the Palace, did a weekend tour in England, in the London area. The whole thing offered some good general takeaways for getting the most out of a short space of time when you don’t have much money, being your own PR machine, and utilising the differences inherent to every venue.

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Monday
May282018

Are You Treating Your Production Cost Like A Business Would?

One of the best parts of taking your passion project to the next level and treating it as a business is that you are able to take advantages of the tax write off that goes into running your business. Yet many new entrepreneur-musicians struggle to fully benefit from this. Especially shocking given the equipment that goes into production is one of the largest cost to your business. Write that new mixer off baby!

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Monday
Apr232018

8 Reasons Why Artist To Fan Social Apps Work

The big social networks should be seen as the top of the funnel in converting your followers into dedicated fans. Here are the top 8 reasons you should use a GigRev Powered direct-to-fan micro-community platform to build a digital fan club and bring fans closer.

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Thursday
Apr122018

Financial Lifehacks For Musicians

To dedicate a good amount of your time, energy, and resources on music is to accept that the financial reward rarely even doubles the sacrifice you put in. If you want to take your music seriously — even as a serious hobby — this makes some of your personal expenses a little bit harder to come by.

Whether it’s food, travel, or healthcare and insurance, the musician life is not always an easy one. However, hard is not the same thing as impossible. Here are some basic life hacks for saving money as a musician.

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Wednesday
Mar142018

Band Relocation: How To Change Your Music Headquarters

If you have a band, chances are you’re going to have to chance practice spaces at least once during the act’s lifetime. When it does come time to move to a new space, there are several things you need to do to make that move successful. Here are four of the most important things to keep in mind when changing your band’s musical headquarters.

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Wednesday
Nov152017

How To Get The Financing Your Underground Band Needs To Travel On Tour

Before you can become a music success, you have to get recognized. You need to focus on getting your music out there. This will involve having to get creative with your funding options. Here are some ways to finance a tour for your band.

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Monday
Oct022017

Crowdfunding Your Album: 11 Dos & Don'ts

This post was written by Justin Ralph and originally appeared on the Bandzoogle Blog.

Over the past few posts, I’ve covered how to decide if you’re ready to record an album, tips for writing songs, and how to handle the pre-production of your recording. Today I want to talk about one of the most popular ways to fund production for your album - crowdfunding.

When I decided to record an album this year, I knew I was going to use crowdfunding to raise money. I was fairly certain I would be successful with it based on the pool of people I could reach, and I liked the idea of my fans being engaged in the entire process of recording.

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Tuesday
Aug082017

Negotiating A Music Producer Agreement: 7 Key Issues

This post by Canadian entertainment lawyer Byron Pascoe originally appeared on the Bandzoogle Blog

Whether you’re a music producer, or a performing artist working with a producer, it’s important to discuss the terms of your arrangement with each other.

While it’s better late than never to formalize the artist-producer relationship, it’s easier to start the conversation before heading into the studio, and much easier before the music generates interest and money.

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Tuesday
Aug022016

A Day In The Life Of A Full-Time Musician

This post was written by Joy Ike ​and originally appeared on the Bandzoogle Blog.

If you ask any full-time artist, they’ll probably admit that their daily schedule is an ever-changing, overwhelming wild beast that can’t be tamed.

As someone who has been living as a full-time artist for the last 8 years, I’ve established somewhat of a routine, but it’s constantly changing based on outside factors, how I feel, or a last-minute gig opportunity that completely derails my to-do list for the day.

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Tuesday
Oct272015

The 6 Things This Unknown Band Did To Make A Sizable Profit From A Short Tour

I’m talking with Rolfe Briney IV, lead guitarist for Birmingham, AL, garage rockers Freaky Deakys. He and Trevor Dane, the group’s lead singer and other guitarist, recently returned home from a brief yet busy tour that found them playing 12 shows over 10 days. After talking about the crazy things that happen on tour, there was one thing that totally shocked me: they made a sizable profit.

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Friday
Oct162015

The 5 Most Important Questions Every Serious Musician Needs To Ask Themselves

At some point, every musician hits a wall. The worst part is, sometimes you don’t even realize it. You’re trudging along, so stuck in the day to day and what you need to do to keep your head above water that any room for growth is instantly stunted. And before you know it, you’re beating your head against the wall trying to figure out why there hasn’t been any real progress in six months.

When a venture is new and everything is still fresh and exciting, it’s easy to get swept up in the potential of it all. But when dreaming turns to reality, and the stress of day-to-day life hits us, we forget how essential it is to step back and really focus on the future – not just the now. So before you go throwing in the towel, try asking yourself these five questions.

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