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🎙️ Podcast Summary: S5 E6 – How to Structure Your Music Business
Welcome to Musicians Tip Jar, where we talk about musicians and money. In this episode, Chris Webb and Dave Tamkin dive into one of the most important (but often overlooked) elements of running a sustainable music career—structuring your music business. Whether you're a solo artist, band leader, or music entrepreneur, selecting the appropriate business structure can help you save costs, safeguard your assets, and create opportunities for funding, branding, and growth.
From sole proprietorships to LLCs to S-Corps, we break down the pros, cons, and key considerations to help you pick the right path based on your income, team size, and future goals.
✅ Learn how proper structure helps with taxes, legal protection, and grant eligibility
✅ Hear real-world examples of how musicians benefit from forming LLCs or S-Corps
✅ Discover tools, questions, and action steps to confidently decide what structure fits your music career
Plus, Dave gives a shoutout to musicians running nonprofits and explains how structuring with purpose can amplify your impact. Stick around for laughs, insights, and a few clever zingers disguised as “unknown” quotes from Chris.
Listen at www.musicianstipjar.com
🎧 Tune in now and take control of your music business the smart way.Intro & Outro Music Donated by: The Magi https://www.themagimusic.com
Intro Read by: David “DJ” Lee of The Magi
https://soundcloud.com/rockababyrock
Pictures by: Kit Chalberg https://kitchalberg.com/
Become a supporter of this podcast: https://www.spreaker.com/podcast/musicians-tip-jar--4698023/support.
Welcome to Musicians Tip Jar, where we talk about musicians and money. In this episode, Chris Webb and Dave Tamkin dive into one of the most important (but often overlooked) elements of running a sustainable music career—structuring your music business. Whether you're a solo artist, band leader, or music entrepreneur, selecting the appropriate business structure can help you save costs, safeguard your assets, and create opportunities for funding, branding, and growth.
From sole proprietorships to LLCs to S-Corps, we break down the pros, cons, and key considerations to help you pick the right path based on your income, team size, and future goals.
✅ Learn how proper structure helps with taxes, legal protection, and grant eligibility
✅ Hear real-world examples of how musicians benefit from forming LLCs or S-Corps
✅ Discover tools, questions, and action steps to confidently decide what structure fits your music career
Plus, Dave gives a shoutout to musicians running nonprofits and explains how structuring with purpose can amplify your impact. Stick around for laughs, insights, and a few clever zingers disguised as “unknown” quotes from Chris.
Listen at www.musicianstipjar.com
🎧 Tune in now and take control of your music business the smart way.Intro & Outro Music Donated by: The Magi https://www.themagimusic.com
Intro Read by: David “DJ” Lee of The Magi
https://soundcloud.com/rockababyrock
Pictures by: Kit Chalberg https://kitchalberg.com/
Become a supporter of this podcast: https://www.spreaker.com/podcast/musicians-tip-jar--4698023/support.