Music and Entertainment

In many ways, accounting and the world of music and entertainment are at opposite ends of the creative spectrum, yet it is still essential to install strong financial management processes.

The team at Alan Heywood have been working closely with the music and entertainment business for over 30 years. We take a partnership approach and aim to take away the strain involved with working within an increasingly complex digital and financially-regulated world. We happily share our expertise to provide you with a cost-effective range of tailored business services, whatever the size or activity focus of your business.

We have decades of experience in dealing with world wide tours. We understand the complexities of dealing with differing tax regimes and can help you through the process to ensure you comply with regulations.

This will involve liaising with management and agents to ascertain which territories will require planning for minimising the withholding taxes. We can assist in ensuring that all revenues are maximised.

This is the initial part of the touring process and we can work with the production personnel and tour manager to prepare budgets. We can liaise with record companies in relation to tour support where there is a deficit.

We can offer a full range of services in relation to administering and paying suppliers in line with the budget and purchase orders. We will ensure that fees are received on time and full accountings are received from the agent and promoter.

We offer a full service of bookkeeping, invoicing, supplier payment and cash flow management. This can be tailored to your needs and is a popular service with clients.

It is important that artists have the appropriate tax structure for their activities. We will advise on the best structure for touring, recording and publishing. We will assist in registering with PRS and other collection agencies and will work closely with lawyers and managers to achieve best results.

We help write the band agreements, account to members where they have royalty or profit share. We aim to be part of the team working with artists to ensure efficient and accurate accounting.

Have we convinced you yet?

Please feel free to get in touch via phone email or our quick contact form.

We offer initial free consultations simply contact us to find out more.

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Alan Heywood & Company, 78 Mill Lane, London NW6 1JZ

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Alan Heywood & Company LLP registered in England and Wales (CC00404707). Registered office 78, Mill Lane, London, NW6 1JZ