Why you need to create rhythm in your finances
28/10/2019
As a music producer you might feel as though your income is a matter of luck or chance but with a proactive financial strategy in place you can create a financial rhythm. A steady and predictable beat, no. Rhythm and flow—YES!
What Is A Financial Rhythm?
Just like in music your financials have a rhythmic pattern that can be tracked, analyzed, and optimized. Like any rhythm your financial trends may not be equally spaced which is why we measure your performance from a variety of quantifiable indicators—your key performance indicators (KPIs). This includes month over month trends, year to year trends, busy season trends, and the arc of each type of client you produce music for.
Why Is Identifying Your Rhythm Important?
To identify your rhythm, we must perform a variety of monthly financial tasks. This includes managing cash flow, client accounts, controllable costs, budgeting non-controllable costs, scaling your business as you grow, and more. Think of your monthly financial performance reports as the notes and bars of each beat. Unless we map out your financial data, we can’t read the full composition and if we can’t read your financial notes and bars, we can never find the rhythmic pattern—let alone hear the song you have crafted.
How Do I Identify My Financial Rhythm?
Like any song the rhythm you create is a work of art that you need to adjust until you get it just right. If producing a song was something that a client could do solo, they wouldn’t come to you. In fact, with modern technology your clients can produce their music. They come to you because you elevate their art. You see things with a fresh perspective and challenge artists to take their work to the next level. Working with a financial professional is about more than bookkeeping and accounting but about optimizing your financial outcomes. It’s a strategic way to creating a sustainable business model. Instead of trying to go it alone, work with a financial expert who specializes in the unique nature of music production.
You’ll See And Feel Your New Financial Rhythm
Just like a musical rhythm you will be able to read and feel your new financial rhythm. It will take a few months to identify and implement your new strategy, but once in place your financials will no longer feel like they are unpredictable and out of your control. When a financial objective is not met, we will immediately adjust the strategy to minimize the impact. When a financial objective is exceeded, we will talk through the best way to keep the momentum going.
Instead of thinking in terms of bookkeeping and accounting think in terms of creating a proactive and sustainable financial strategy. At KiribooksPrompt we are here to empower you to do what you do best by creating solutions that take the stress out of your financial performance. We invite you to reach out today to learn more!
What Is A Financial Rhythm?
Just like in music your financials have a rhythmic pattern that can be tracked, analyzed, and optimized. Like any rhythm your financial trends may not be equally spaced which is why we measure your performance from a variety of quantifiable indicators—your key performance indicators (KPIs). This includes month over month trends, year to year trends, busy season trends, and the arc of each type of client you produce music for.
Why Is Identifying Your Rhythm Important?
To identify your rhythm, we must perform a variety of monthly financial tasks. This includes managing cash flow, client accounts, controllable costs, budgeting non-controllable costs, scaling your business as you grow, and more. Think of your monthly financial performance reports as the notes and bars of each beat. Unless we map out your financial data, we can’t read the full composition and if we can’t read your financial notes and bars, we can never find the rhythmic pattern—let alone hear the song you have crafted.
How Do I Identify My Financial Rhythm?
Like any song the rhythm you create is a work of art that you need to adjust until you get it just right. If producing a song was something that a client could do solo, they wouldn’t come to you. In fact, with modern technology your clients can produce their music. They come to you because you elevate their art. You see things with a fresh perspective and challenge artists to take their work to the next level. Working with a financial professional is about more than bookkeeping and accounting but about optimizing your financial outcomes. It’s a strategic way to creating a sustainable business model. Instead of trying to go it alone, work with a financial expert who specializes in the unique nature of music production.
You’ll See And Feel Your New Financial Rhythm
Just like a musical rhythm you will be able to read and feel your new financial rhythm. It will take a few months to identify and implement your new strategy, but once in place your financials will no longer feel like they are unpredictable and out of your control. When a financial objective is not met, we will immediately adjust the strategy to minimize the impact. When a financial objective is exceeded, we will talk through the best way to keep the momentum going.
Instead of thinking in terms of bookkeeping and accounting think in terms of creating a proactive and sustainable financial strategy. At KiribooksPrompt we are here to empower you to do what you do best by creating solutions that take the stress out of your financial performance. We invite you to reach out today to learn more!