If you have ever received money for writing, performing or selling recorded music (or merch!) you're in business! To see yourself as an artist-entrepreneur as opposed to an artist exclusively can feel like a scary shift, but it doesn't have to be.

When we run professional development sessions for artists, the most common area we receive questions about when it comes to artists that are looking to make music their full-time living is around the financial side of things. For those artists who lack formal business training or experience, the whole financial management landscape can sometimes be overwhelming. Fortunately, one of the advantages of living in the digital age is there are more tools than ever to help you keep track of your earnings, plan your spending and keep things straight for the tax office at the end of the year.

Bandbiz, developed right here in Ottawa (and a proud OMIC member) is the most cost-effective tool to manage the finances of Canadian indie musicians currently on the market. Taking the guesswork out of your financial administration and management, it helps you keep track of your inventory (so you won't run out of merch half-way through your tour!), income from music and spending.

You can learn more in this video:

Though already very reasonably priced ($25/year per band), Bandbiz is offering OMIC members a 20% discount on their first year subscription. In order to take advantage of this deal, when you're ready to convert from your free trial to a paid subscription just send an email to chris@mybandbiz.com.

* NOTE: In the September newsletter the contact email for the discount was incorrectly listed as chris@bandbiz.com. We apologise for the confusion. The correct address is  chris@mybandbiz.com