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Sep022015
September 2, 2015
How To Pre-Plan & Manage Your Band's Tour Finances
When indie music duo Pomplamoose went on 28-day tour in fall 2014, they sold just under $100,000 in tickets. With merchandise sales and a sponsorship from Lenovo, they pulled in a total of $135,983. However, after paying for publicity, payroll, production, hotels, food, travel, commissions, merchandise manufacturing, and other costs, total tour expenses added up to $147,802. Pomplamoose ended up putting $11,819 on credit cards to cover the cost of their own tour.
Fortunately, Pomplamoose was expecting a loss
in Touring tagged Merchandise, band finances, band money, finances, making money, saving money, selling merch