business-music_money_makeover/_subsections/dailies/interest-free-music-options.org

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#+title: 4 interest free music funding options
#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../../_share/media/css/org-media-sass/categories/business.css" />
* Links
#+attr_html: :class links
- [[../../toc.org][TOC - Music Money Makeover]]
- [[https://youtu.be/E8Ob8aFsIW0?si=SAZFXvujBFwAHQhQ][youtube video]]
* Notes
** job / savings / donations
- part time work
- savings from the business
- save money that comes in
- register all your compositions and BMI / ascap
- distrokid
- fundraising events
- online donation platforms
- cash out link
- fans, well wishers
** paypal working capital
- paypal working capital loan
- levies a one time fee
- deducts a small percentage from sales until loan is repaid
- get ecommerce store set up
- you can pull in 20k a year via
- merch
- digital product
- subscriptions
** BMI royalty advance
- provides opportunity to receive advance on royalties
- they wont give you any royalties until you pay back all the royalties
** business credit 12 months no interest
- opening a buisness credit with a 0% intro rate
- commitment to pay in introductory period
- don't play with this