Last updated on Jul 23, 2024 All Tour Management Powered by AI and the LinkedIn community 1 Determine your tour goals and objectives 2 Estimate your tour income and expenses 3 Allocate and prioritize your tour budget 4 Create and update your tour forecast Be the first to add your personal experience 5 Manage your tour cash flow Be the first to add your personal experience 6 Review and learn from your tour results Be the first to add your personal experience Tour budgeting and forecasting is a crucial skill for tour managers who need to plan and manage the expenses and revenues of a live music tour. A tour budget covers various categories and activities, such as travel, accommodation, production, promotion, merchandise, and artist fees. A tour forecast projects the expected income and outcome of each show and the overall tour. In this article, we will discuss how to allocate and prioritize your tour budget across different categories and activities, and how to create and update your tou...
