6 Money Making SECRETS Music Artists Don't Know About LLCs
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- čas přidán 9. 06. 2024
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Are you a music artist looking to protect your music business and maximize your profits? If so, then you need to know about LLCs! In this video, I'll reveal 6 little-known tweaks you can make to run your LLC better. From tax advantages to legal protections, LLCs can offer numerous benefits for music artists - but only if you understand how to use them correctly. From maximizing your tax benefits to minimizing your liability, these tweaks can help you get the most out of your LLC and take your music business to the next level.
Whether you're a seasoned music artist or just starting out, this video is a must-watch for anyone who wants to protect their music business and maximize their profits. Don't miss out on these valuable insights - watch now and discover the 6 secrets about LLCs that music artists need to know in order to run your LLC better!
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00:00 - Let’s Talk
00:56 - The Key
01:45 - Learn how to count your money
04:04 - Don’t Pay other People’s Taxes!!
05:45 - Paying Your Taxes Quarterly
07:05 - NAICS Number - What type of business is this?
09:35 - When should I structure as an S-Corp
11:40 - LLCs are designed for asset protection
13:15 - Okay, but how do I make money?
14:15 - Where are the sparkles and fireworks?
14:42 - What about all the funding?
17:17 - Running the LLC Summary
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Video Copyright © 2023 Music Money Makeover LLC (www.musicmoneymakeover.com)
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#MusicMoneyMakeover #LLC #musicbusiness
This should be the feeder video to all of your other content. This is an 18 minute "Reality Check" that musicians, artists and producers to marinate on. Good work.💪🏿👊🏿🙏🏿
Ayeee
V.
that last point about discipline and flipping $1000 before even asking for more money is a massive gem, crazy reminder🔥
You're literally saving lives, doing God's work my friend. Thank you. 🙏🏽🔥
I swear by YOU bro. We WILL DEFINITELY be doing another call in a few days. Keep pushing those facts! And THANK YOU....WE ALL APPRECIATE you hard work!!!
amen!
💎Good class today!
Appreciate your time
Proud of my fellow brother... THIS! Being a creative is one life we all share... but creating a business infrastructure to finance our creative endeavors is the framework to the next Music Industry. When we learn how to bring the two together successfully, it'll remove the need to empower "others' " family businesses with the gifts meant to empower our own. 👍 Great, and inspiring work sir!
you are a legend casey ! you are helping me alot!
Anytime. You're welcome!
Thank you for sharing this info 🙏🏽💎🙏🏽
Thank you for the information
I love this 🔥
Hello, well explained, thank you. 🎼🎵🎹🎶🎸.
Indeed, your content is helpful, and you’re a nifty fella 4 show!😘😘😘😘😘
This a very informative video , thank you !
Glad it was helpful!
This some good info I needed 🔥
Glad I could help
Appreciate your help 🎉
Any time!
Good stuff
Thank you that is very informative, things that we never knew.
You're welcome
Great information.
Glad it was helpful!
YOU ARE AWESOME!!!
You too man!
I Love creating music but I understand that I am the business, Thank You for creating this video and course.
You're welcome!
Dope info and energy 🔥
Thank you I Appreciate that
Thank you
Anytime bro
Been listening to u for over 3 years, thank you as i'm a starving artist, I will be setting up a LLC before the end of this year thanks to learning from u
You got this!
Very few people are teaching at this level on this subject! 😎
Wet Wet I ❤ it😊😊😊😊
🔥🔥🔥
#love Casey 💯🔥💪🏿
Get a 10 hour block (w/ mixing and mastering cost), still frame videos w/ your music, Gain traction and THEN post the “official video”… Just budget your ad space and music video quality. Everything else can come from the phone 🤷🏽♂️ The easiest way to create a budget and build from it. 💯
How exactly do i put my copyrights under my llc? Does that happen during the song registration process?
is the 1099 applicable a producer out for their split of the royalties?
💯
With me being an artist I write my own music and compose it on the app. I never been to a real studio. But I'm ambitiously creative and ready for the world. But I would like to know what's the steps in process of me LLCing my name and music until I get with the label.
16:13 MONEY IS A DISCIPLINE !!! was a BAR!!!!!!!!!!!
LOl I'm just sayin'
I want to purchase the book but i want to know if i will be able to own a us based company as a non us citizen without us identification
You'd have to adapt the book to your country.
❤
Should you start an LLC if you are a professional musician/ artist?
Yes but always understand how you're going to use it.
Places where you can’t put your official naics code your stuck with selecting entertainment which is high risk would it be better to select other?
Sound Recording Industries
I did stuff without any bank funding
Ive never heard about quarterly llc taxes thats crazy
Yep its real.
💪👌
Thanks mane
✊🏿
Sent u a text months ago and u did not reply 🤨 Van Gough Picasso / Allen B
If my naics is filed under music publishing and musical groups/ artist is that still a good or smart way to set up the LLC?
If you're starting just a publishing company its fine. If you starting a record label use the record production code.
@@MusicMoneyMakeover What if I started a media group would those codes still be useful to my company
I def wana have a call man.. I’ll check ur rates
is it true that is better to open an LLC when you start to get money from streaming etc
When it comes to how the LLC works on in your case in the UK a LTD what artist and musician are using is the structure for the first form of insurance. This insurance protects your assets which are the copyrights. That will be your first use when you're not making any money.
@@MusicMoneyMakeover so if the LLC (LTD For UK) I can still use it so as a independent artist do i have to release my songs on my artist name or the LLC Name?
@@michellegalasmusicofficial Artist Name but the LLC owns the assets (copyrights)
If your music / copyrights are protected by the LLC and you have to liquidate the LLC what happens to the copyrights?
You move the assets or put a clause in your operating agreement for moving the assets.
@@MusicMoneyMakeover Thank you
Can you teach those who are struggling how to properly manage $1K, as well as flip it?
Good topic i'll do it! I'll show you how to build with it first. Cash flow is a different beast.
@@MusicMoneyMakeover thank you so much; I cannot wait to see the video!
What ? You only have to pay quarterly LLC tax if it’s a multi-member LLC… this is not correct information!
Hi bro,
Are u need attractive CZcams thumbnail designer?
Good stuff