Trying to make it big in a band is a tough work. It’s easy for musicians to get into debt while pursuing their passions. In fact, when you ask them why they perform live or go on tour, they’d say they do it mainly because they love what they are doing. That being said, money is still an important factor in this endeavour. In the case of small-scale bands, having extra cash on their pockets is a must, especially since tours and live performances can bring unexpected costs. Some of these include broken equipment, breakdowns, or medical attention due to a failed stage dive, among others. For these reasons, they will need quick cash loans with no credit check required.
Actual Costs of a Tour
Going on a tour does not come cheap. Instead of making money, there are bands that are greeted with debts at the end of their tour. Let’s take a hypothetical band as an example. Months before Band A tours the country, its members are already working on their budget. They projected their ticket sales versus the band’s expenses. Here is a breakdown of their outlays:
- Production costs: These include equipment rental, van rental and lights.
- Food and accommodation
- Gas, airfares and parking fees
- Insurance: This is a must!
- Supplies for the merchandise, publicity costs
- Commission of the agency
On the other hand, here’s the itemised list of revenues:
- Ticket sales: The primary source of the profits
- Sales from merchandise
- Sponsorships: These really help a lot of small bands/musicians.
At the end of their 30-day tour, Band A made a profit of $136,000 against their expenses of $148,000. They lost a whopping $11,000! But, hey! Consider these losses as an investment. Because of their outrageous and entertaining shows, they will be invited back to perform on some events.
Planning and Managing Your Finances
The following are some tips on how you can spend your finances wisely:
- Do not include your personal expenses on your band’s expenditures and vice-versa.
- Plan out your budget. Estimate your outlays while on tour.
- Do not forget to pay your own bills before going on tour! Missed payment deadlines will bring you extra fees to settle.
- Always monitor your expenses. Receipts are very important.
In the 1900s, early Bosnians started moving to the United States. But when a civil war erupted in the 1990s, there was a sudden influx of immigrants and refugees storming out of the country. Some emigrated to North America, Germany, Turkey, Australia, and in some parts of Western Europe. Today, Bosnian settlements are pretty common in the United States and Australia. It is also expected that more Bosnian migrants will set foot on the United Kingdom as a result of a possible EU membership.
Bosnia and Herzegovina has a staggering 40 percent unemployment rate. No wonder that more and more Bosnians are seeking for greener pastures outside the country. Let’s take a look at some of the established Bosnian communities in Australia and in the United States.
- Bosnian Settlements in Australia
As per the 2011 census of the Settlement and Multicultural Affairs of the government’s Department of Social Services, there are at least 25,000 Bosnia and Herzegovina-born people in the country. This number swelled by 4.3 percent in the past five years. The census also showed that a huge fraction of this population is in New South Wales. In terms of employment, almost half of Bosnians in the country are engaged in the professional world or in trade. However, 6.1 percent of their population are still unemployed. According to a report from UNCHR, getting a job in Sydney and in some parts of the country seems difficult for some Bosnian refugees because of too much “bureaucracy.”
- Bosnian Settlements in the United States
One of the most established Bosnian community in US is situated at St. Louis, Mississippi. When the first wave of refugees and migrants came in St. Louis, the city and other immigrants kind of disliked the Bosnians. Once, there was an incident when a local reported a Bosnian family for roasting a dog. On the contrary, it was actually lamb they were spit-roasting. Due to different cultural mix in the city, it is pretty common for misconceptions and misunderstandings to happen.
Bosnians in St. Louis are known to be hard-working. The old neighborhood where crimes were rampant was transformed into a decent area. They even have their own Chamber of Commerce. Aside from Missouri, other Bosnian settlements can be found in Florida, Ohio and Utah.