Role of a Business Manager Part I

The role of a business manager is not to be confused with that of a personal manager. A personal manager is more like the CEO (Chief Executive Officer) of your company, who helps GENERATE INCOME by setting up recording deals, publishing deals, and tours. A business manager, on the other hand, is more like the CFO (Chief Financial Officer) of your company, who helps MANAGE THE INCOME from these deals once they're in place. A business manager handles all financial issues such investments, financial planning, bookkeeping, tour account services, asset administration, tax services, insurance monitoring, royalty examination, and in some cases publishing administration.