The Freelance WorldWeek 1

Assignments 1 Presentation 1 Discussion 1 Information Booklet

What does freelance involve?

Freelance

Musician – Playing gigs, teaching, recording

Sound Engineer – For Live or studio work Composer – For TV/Film/Games/Ad’s Sound Designer - For TV/Film/Games/Ad’s Arranger

What Qualifies you as freelance? You make money ‘as and when’ It is not full time (usually) You are often asked to work for a

project You can sometimes apply to work on a

project It is usually based on a specific skill

National Finances

Tax Pension National Insurance

Personal Finances Expenses Business Plan Funding Profit and Loss Cash-flow Invoices Book-keeping

How to musicians make Money

In groups List as many ways as possible that

musicians can make money.

Possible answers Playing Gigs Playing on Recording Touring Teaching their instrument Composing Music for a product Mixing/Re-Mixing Mastering Engineering

So you want to be freelance?What do you need to do?

1.Register as self employed with HM Revenue & Customs 2.Check to see if you are eligible for new business bursaries3.Use bursary (or saved money) to purchase equipment for your service 4.Decide what service(s) you will offer5.Advertise your skills6.Network with other freelance musicians, and freelance workers from other art forms7.Explore ways in which you are able to work together with your new network8.Expand your knowledge by completing further training

Once you’re making money You need to make sure you have

decided how you will pay:

Tax Pension National Insurance

Business Plans