a. Live Performance
Fees
b. Record Label Recording Contract Royalties
c. Publishing Income Sources
(Don't forget new Internet income sources such as Ringtones, Ringbacks, Streaming audio etc.)
* Mechanical Royalties
* Performance Royalties
* Synchronization Fees
* Sheet Music Sales
* Commercials/Jingles Income
d. Merchandising
Royalties ( T-Shirts etc.)
e. Misc. Income Sources
* Investment Income
* Endorsements
* Book and Video Sales
* Multimedia Product Sales
a. Recording fees:
CD/Tape
* Producer/Engineer
* Studio Costs
* Misc.Tape and/or digital storage costs, and other studio supplies
* Equipment Rental charges
* Guest Musician fees
* Mastering fees
b. Graphic
Artist/Cover Art Design costs
c. CD/Tape/Vinyl Manufacturing/Duplication charges
* Promotional Expenses (Indie
Radio Reps/Sales Reps,)
* Marketing and Sales Plan costs (One sheets, Coop dollars, Ad money)
d.
Publicity/Promotional Material Costs
* Publicists Fees
* Promo/Publicity Kit Design (plus EPK) costs
* Flyers, Posters, Envelope Design costs
* Printing/Copying charges
* Photographer fees and duplication charges
* Internet Website costs (Design, maintenance, access fees, MySpace etc.)
e. Office Expenses
* Rent
* Stationary and office supplies/furniture
* Postage
* Phone (landlines and cell) and other utilities bills
* Office equipment (computers, Internet connection, fax machines, et al.)
f. Taxes
* Local, State, and Federal
taxes
* Tax preparation costs/Bookkeeper fees
g. Band Equipment
Costs
* Instrument purchases/rentals
* Tour Luggage
* Misc. equipment repair/maintenance costs (strings, drumsticks etc.)
* CDs and MP3 players (for listening and study purposes)
* Misc. recording/playback equipment (laptops, pda's etc.)
* Sound system
* Rehearsal space costs
h. Songwriting
* Copyright filing
costs
* Performance Rights Organization Fees ( ASCAP-BMI-SESAC) also Soundexchange registration costs, etc.
* Lessons/Study/Research expenses
* Conferences/ Seminars budget
i. Artist Business
Team Costs
* Personal Manager/Consultant
fees
* Business Manager/Accountant fees
* Booking Agent fees
* Publicist fees
* Music Attorney fees
j. Transportation
costs
* Auto/ Van
purchase/rental/Insurance costs
* Maintenance costs (gas, service, repair)
* Airline, bus, and/or train tickets
* Highway/Ferry tolls
k. Touring expenses
* Per Diem ( for food, lodging
etc.)
* Road Manager/Roadies salaries
* Lighting/Sound equipment purchase/rental costs
l. Merchandise
(T-Shirts etc.)
* Design costs
* Manufacturing and shipping costs
m. Miscellaneous
Expenses
* Costumes/Stage clothing
* Insurance (health, equipment, life etc.)
* Union dues
* Trade magazine subscriptions
* Video production and manufacturing costs
* Whatever else comes along that you forgot about
