Festival or festifail?
Getting the numbers right

Music festival accounts - plan, run...and relax.

When it comes to making music festivals a success, the trick is in the planning.  Many festivals in the UK, Europe and around the world have started as small events with a couple of bands playing to a few friends.

Before they know it, the organisers have created a happy monster with live acts to book, tickets to sell and hungry mouths to feed. 

The big festival accountancy questions:

Getting into a successful festive season often means asking some critical questions:

  • How do we plan for profitability?
  • Can we ensure our cashflow meets our financial commitments?
  • What accounting systems do we need?
  • How do we monitor our financial performance before, during and after the festival?
  • How do we make the most from our concession and trader activities?
  • What is the most effective way of maximising sponsorship revenue?
  • Is there a more secure and effective way of managing cash?

When it comes to festival finance, NWN has the answers to ensure events run as effective and sustainable businesses. As a friend of the Association of Independent Festivals (AIF), we're regularly asked to advise its members on music festival accountancy, business management and the challenges of festival funding.

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The information in this site is of a general nature and is not a substitute for professional advice. You are recommended to obtain specific professional advice before you take any action. All Rights Reserved.