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1 | When Songs Mean Business | ||||||||
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3 | Musician's Pricing Workbook | ||||||||
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5 | Setup Instructions: One time setup, then adjusted annually for internal price changes | ||||||||
6 | *This "Musician Pricing Tool Kit" Workbook can be used to help you build your internal minimum pricing for your live performances, teaching, and composition writing gigs. This worksheet can be used for every proposed gig. Once you know your minimum hourly price, simply use this worksheet to quote a price for each specific event or project. | ||||||||
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9 | *The minimum prices you create below are used as your bands starting point. Set the standard that you will not do the work for any price less than the minimum. For complex gigs which require extra time, people, or materials you will mark-up the minimum price based on certain premium factors (if necessary). | ||||||||
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13 | Instructions for Use: | ||||||||
14 | -Throughout this "Musician Pricing Workbook: Update Green Fields. Many of the Blue, Yellow, & Gray fields include pre-populated information and formulas. Some cells contain additional guidance which you can access by hovering your mouse over the cell. IF YOU MODIFY COLUMNS/CELLS - DOUBLE CHECK YOUR FORMULAS TO MAKE SURE EVERYTHING IS CALCULATING PROPERLY! | ||||||||
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18 | Step 1. Update the "Hourly Rates" worksheet (i.e. yellow tab below): | ||||||||
19 | -Input your band's blended hourly rates. In other words, what is the total rate per hour you desire, per person, when working at certain gigs? For example: If there are two people in your project and both people want to earn $15 per hour, enter $30. | ||||||||
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22 | Step 2. Update each Project Billing worksheet (i.e. blue tabs below): | ||||||||
23 | -The Project Billing worksheets below (i.e. blue tabs) are examples to use and modify to fit your needs. | ||||||||
24 | -Once you have identified which Projects you will offer to clients, update/create the Project Billing worksheet by listing out the main steps included with the offering and the estimated hours required for each of the main steps. | ||||||||
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26 | -If you need to add a new Project Billing worksheet, right click on an existing Project Billing worksheet > select "Move or Copy" > select "Create a copy". Once the new worksheet exists, right click on the new tab and select "Rename". | ||||||||
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