JBX Music®
← Back to Blogs
Band Finances 101: Performance Contracts, Invoicing & Split Sheets

1. Why Written Performance Contracts Are Essential

A written agreement signed by the venue/event organizer specifies: Gig Date & Location, Sound Check Time, Performance Set Times, Equipment Provided, and Total Performance Fee.

2. 50% Advance Booking Deposit Rule

Always collect a **50% non-refundable advance deposit** upon contract signing to lock the event date and cover preliminary logistics costs!

Learn Music Business at JBX

Explore music career guidance at JBX Music Academy.