Do you know your value?

So you may have noticed these past few emails of me mentioning a tour packet that I’m working on. Yes, it’s true! I’m working hard every day to put together a DIY Tour Packet to be released with my new website for independent musicians to reference while planning a tour!  Essentially, it’s going to be for musicians who need direction and organization when planning for their next tour, especially if they don’t have a tour manager or assistant to help them. I’m really excited about this and it’s just going to be FULL of information (and photos!) that I’ve learned personally, first-hand, on the road and over the years as an assistant.

There are a load of logistics and check lists for any tour, but the first step is initially booking the dates. Maybe you have an agent organizing your tour, or maybe you are doing it yourself. Either way, you want to get yourself organized and prepared before you start making those calls to save time and frustration. Getting clear about your fees will make booking quicker and easier for everyone!

Here are some tips to creating your rate sheet.

1. Determine your fee
Determining your fee as a musician is not straightforward, so definitely take some time and care into finding what works for you. Here is a wonderful article on how to determine your hourly rate and then from there, buckle down your flat rate. Things to consider is not only the amount of time you play per set, but also the travel time. Travel costs come in step 3.

2. Paying your Bandmates
If you are a solo artist, then you don’t have to worry about this. However, if you have a band to pay, determine their rates and add it onto your solo rate to determine the band rate so you can ensure to earn your fair share. Also, be sure to include in this amount you have to pay your band to rehearse, not just perform.

3. Travel & Hospitality costs
Most of my clients keep travel fees separate from their performance fee, which I think is your best option. Putting this statement on your rate sheet will make it clear:

Arrangements for travel & hospitality costs are additional and are to be specified at the time when an agreement is made between the Hirer and the Musician

So when you have a lead, determine if you will charge for driving, flying, train, etc. and hotel for the duration of your stay. And be sure to say ‘in addition’ to your performance fee!

4. Create a clean, easy to read rate sheet with a chart
Keep it simple and include a chart at the top with your rates, clearly stated and number any additional statements, including the travel and hospitality costs, below the chart.

Even if you aren’t going on a tour and just looking to book shows when you are available, this rate sheet will help save your precious time and energy when negotiating an offer.

Thanks for reading!

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