Saving Tips for Local Bands on a Tight Budget
If you’re a member of a local band, then you know how tight funds can be, especially when you’re just starting out. If you’re anything like a lot of small bands, perhaps you’re looking for ways to save money in hopes to record at a studio. You don’t want to break the bank, but you also want to invest in high-quality recordings. Things like studio production, studio time, mixing, mastering, and other expenses can easily push your costs up if you aren’t careful with how you use your time and money. Here are a few practical tricks that can help you save money and can make a high-quality recording possible in a dependable studio.
- Set a goal. As a band, it’s best if you come together and make sure you’re all on the same page. Maybe your band will decide not to get paid for the next five gigs and use that money toward recording at a studio. If your entire team has the same mindset, that they want to give all the money back to invest in the band for the near future, then you’ll be a lot more likely to meet that goal.
- Get your crowd involved in staying later and longer. If the crowd wants to hear another song, encourage them to put money in a tip jar, and you’ll stay for an extra 30 minutes. If you’re already at a venue, it’s worth it to stay a little longer to make some extra cash.
- When booking gigs, negotiate food and drinks into your rate. The more money you can keep in your pocket, the better! If you don’t have to pay additional fees for your food and drinks, the more money you can save in the long run.
- Carpool to events. If band members can ride together, especially when traveling out of town, then you’ll be able to save a lot of money on gas and car expenses.
- Talk to your local studio. Build a relationship with them, see what they do, and see what they do for local musicians. Studios such as Sweetwater Studios will often offer local musicians better pricing, so it’s always worth it to start building that relationship.
- Consider making your band an LLC. Although there are pros and cons to putting your band under an LLC name, pros can include more flexibility with buying gear and an alternate way to claim expenses for tax purposes.
- Understand what you want to do with your music. If you’re not wanting to record an entire album at once, consider scheduling two or three songs at a time, and then save up for the next two or three. You can still release them all as an album later.
- Practice and go into the studio ready to play. After you’ve booked your studio time and you understand what you want to do with your music, make sure you sound polished. It’s helpful if you have all the details, such as what types of solos you’d like to incorporate, figured out beforehand. If you can limit the amount of individual takes you have to record, your money will go further.
Here at Sweetwater Studios, it’s been our business for over 40 years to stay on the cutting edge of music technology while also capturing the sounds of many individuals and bands. Get to know us — we’d love to get to know you and help you get to where you want to be. And make sure to download the infographic of all these tips!