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Music Contracts For Managers

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Information about Music Contracts For Managers
Business & Mgmt

Published on October 27, 2008

Author: MusicContracts101

Source: slideshare.net

Description

Music Contracts For Managers
By:- http://www.MusicBizCenter.com
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Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information If you are in the music industry, then you have probably considered hiring a good music manager. Honestly, a manager can be helpful in your success. Music managers can be amazing for your career but it is imperative that you have anyone working for you sign a valid music contract. Good managers do exist but no matter what, remember you are conducting business and insist on a music contract with any manager you hire.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information When you are having anyone sign a music contract, make sure you are actively involved in the entire process and understand the terms of every music contract.  Music contracts can be technical but we will review some basics to incorporate so you have better idea of what should be included. 1 First, you don’t have to be overly complicated to be professional. Money, division of labor and length are to be simply stated.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information 2  No matter how much you want this specific manager to work with you, the benefits should be mutual. Don’t overly compensate anyone just to get the to work with you. Be fair and reasonable for both parties. 3  Always sign the music contract in good faith. 4   Define the music contract term. This is simple the length of time you are planning to work with this manager. Under this term also needs to be a cancellation clause or policy. A lot of these contracts start with one year with an option to extend at the end of the term if both parties are happy.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information 5  A good music contract for managers needs to have expectations defined. What do you expect your manager to do? Promote you to labels, book gigs, have merchandise made? 6   Money, money, money. According to research, the usual fee for managers is around 15-20% of your take home. This part is crucial so be as specific as possible in your music contract with the manager. Where will their compensation stem from is the question that needs to be answered.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information 7  One clause that needs to be precisely defined is the expenses of the manager. What do you provide and what does he provide on his own? Remember this is your career and business so require receipts and documentation for any reimbursement for expenses.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information In conclusion, music contracts for managers need to be written in a manner that is specific to your situation. Not every music contract is the same but the above mentioned terms are important to define and include. Don’t over simplify things because you think you can trust this person because boy can things change, especially when it comes to money. Be professional and thorough because after all, it is your career and your music that you need to protect.

Music Contracts For Managers By :- http:// www.MusicBizCenter.com Other Must View Resources Include ===>>> http://www.MusicContracts101.com/ http:// www.MusicIndustrySuccess.com / and http:// www.SellMusicOnlineLikeCrazy.com Visit all of the sites above for more free information About the Author: This information is brought to you by Platinum Millennium Publishing & Ty Cohen, the world’s #1 music industry expert. For over a decade Ty Cohen has helped tens of thousands of individuals across the globe, to reach their dreams. He is an International Speaker, Author of over 12 Music Industry related books, Business Talk Radio Show Host and music industry marketing strategist. To find out how he can help you, visit www.MusicBooksByTy.com , www.MusicContracts101.com and www.MusicBizCenter.com

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