How much does a band manager cost? The Management Fee
A standard management fee is usually around 15% – 20% of your earnings. Your manager takes a cut of proceeds from album sales, any label advance, and from the earnings from deals they have negotiated.
How do I hire a band manager?
- Make Sure They Are Enthusiastic About Your Music. When hiring a manager, you want them to really believe in what you do.
- You Can Find Managers On Online Forums.
- Consider Asking A Friend.
- Make Sure You Keep Things Official.
- Measure The Success Of Your Manager.
When should I hire a band manager? If you’ve been handling everything on your own and are hitting a wall getting past the proverbial industry waiting room, it might be time to hire a manager. A manager must constantly work at managing your own expectations and goals, while expanding your base of industry relationships, experience and knowledge.
How is a band manager paid? New Bands. Managers receive commissions of between 15 and 25 percent of the artist’s gross earnings, plus reimbursement for travel and other out-of-pocket expenses.