ABSTRACT

This chapter explores some of the forms of financing available to musician and shows that how to analyses and structure a financial package to obtain the money for music project. A business plan starts by telling potential investors who musician is. It describes musician professional goals, what musician plan to do to achieve those goals, and how that achievement can generate income to pay back the investor and further finance musician career. Active investors are individuals that put up money to finance a project for another person and become involved in the project. Equity based crowdfunding is when businesses offer equity in the company in exchange for investment capital from qualified investors, which, again, requires certain securities laws be followed. The chapter discusses the self-financing, borrowing, third party investments with a profit sharing schedule, or crowd funding using such services as Kickstarter or Indiegogo methods and the advantages and drawbacks inherent in each.