Before the tour bus hits the road and after the stage is struck at the end of the tour, NKSFB is a valuable part of the artist’s crew—every step of the way.
NKSFB takes a hands-on approach to working with the artist’s touring team, including their Management, Booking agents, Production staff, Promoters, Record labels and Vendors.
Work with promoter and agent on business plan
Forecast projected revenues for overages, VIP income and merchandise
Budget creation and expense review
Work with legal counsel to review agreement and indemnification language for your protection
Tax mitigation in multiple U.S. and foreign territories with varying tax laws
Review settlements and track income
Work with client’s team to ensure a smooth tour
Analyze projected tour budget-to-actual; confirm expenses are in line to avoid overages at end of tour and take corrective measures in real time
Handle all receipts for tax substantiation
Organize all aspects of payroll and payroll taxes
Post-tour analysis, including promoter profit review for negotiation of future tour deals
Post-tour reconciliation and budget-to-actual reporting
Assess tour profitability
This is our “bass line” goal for clients embarking on concert tour:
Highest possible profitability/
Fewest possible problems.