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Old 09-01-2010, 08:32 PM
azrae1l's Avatar
azrae1l azrae1l is offline
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Join Date: Dec 2009
Location: denver, colorado, usa
Posts: 649
Default Re: Getting funded by a record label

it helps if your tight wad with money like me. i don't spend any money i don't have to unless i see at least breaking even in the end. but there are ways to protect yourself somewhat, like having yourself listed as an llc. may not protct you from everything but going into debt with a promotor or booking agent, they can't come back and sue you and take your house and such. but then you also have to declare all pay to the irs, but then you can take losses off taxes, have to file business plans. it can get pretty tricky...

but thats why i never leave home either, all our gigs are with in a few hours drive so i can come home every night and still work...
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