Sep 6, 2026 · 58 min · 13 segments
In this episode, I'm joined by two absolutely lovely humans! PJ Lane is a performer and former professional basketball player who is currently touring a show celebrating his father and television…
PJ LaneGuest
Ben FletcherGuest
Sam McNeillHost
What are the main things that make, what are the main differences between being an accountant or, you know, financial consultant to the creative arts than, you know, doing that, providing that service to, I don't know, a small business owner or people from other industries? What are the main things that you need to know or that separate the two?
Knowing that creatives and like we work with a huge range of businesses but yeah like a foundational piece I suppose at Guild is definitely working with creative businesses and that's entertainment is a big part of it but also like ad agencies events businesses this is a big range of ones in there but what they all tend to have in common is they're traditionally not business people that have set them up they're musicians or they were managing their mates band and they've kind of fell into this that they're not, they haven't had any training.
So the communication and a bit of handholding, uh, is probably a bit more common with that client group.
um, I'm sure you guys know this, but like particularly in entertainment, it's really inconsistent.
Like you'll have touring seasons where you're really busy and you've got lots going on, then you'll go into recording mode and there might be not much, there's not much revenue coming in.
So it's the ability to plan and forecast those, you know, boom and bust cycles and helping clients sort of manage through.
I think they're probably two, the communication and the inconsistency are two of the big ones.
And is the stereotype correct in that, you know, and I can speak for myself here as someone with, you know, I didn't, we never made it out of band or anything like that, but I studied classical voice at the Sydney Con and I definitely longed for at least one subject that was a bit more business minded or something that educated me on the importance of how businesses work, saving money, how to approach contracts and management.
Is that something you see that's pretty common that people are just coming in and being offered all kinds of opportunities and really potentially not knowing the downsides?
But there's a lot of, I can't speak for, say, 10, 20 years ago, but there are a lot of great resources that are available on the Yardmore Centre, Music NSW.
There's a bunch of them that we've provided free materials for over the years, like PDF guides, webinars, all that kind of thing, all free of charge for artists to you know, participate in and learn.
So that's, yeah, there's definitely resources out there, but whether these guys are getting any kind of formal education, I think to your point, I don't really see it, not really.
What are the main things that make, what are the main differences between being an accountant or, you know, financial consultant to the creative arts than, you know, doing that, providing that service to, I don't know, a small business owner or people from other industries? What are the main things that you need to know or that separate the two?
Knowing that creatives and like we work with a huge range of businesses but yeah like a foundational piece I suppose at Guild is definitely working with creative businesses and that's entertainment is a big part of it but also like ad agencies events businesses this is a big range of ones in there but what they all tend to have in common is they're traditionally not business people that have set them up they're musicians or they were managing their mates band and they've kind of fell into this that they're not, they haven't had any training.
So the communication and a bit of handholding, uh, is probably a bit more common with that client group.
um, I'm sure you guys know this, but like particularly in entertainment, it's really inconsistent.
Like you'll have touring seasons where you're really busy and you've got lots going on, then you'll go into recording mode and there might be not much, there's not much revenue coming in.
So it's the ability to plan and forecast those, you know, boom and bust cycles and helping clients sort of manage through.
I think they're probably two, the communication and the inconsistency are two of the big ones.
And is the stereotype correct in that, you know, and I can speak for myself here as someone with, you know, I didn't, we never made it out of band or anything like that, but I studied classical voice at the Sydney Con and I definitely longed for at least one subject that was a bit more business minded or something that educated me on the importance of how businesses work, saving money, how to approach contracts and management.
Is that something you see that's pretty common that people are just coming in and being offered all kinds of opportunities and really potentially not knowing the downsides?
But there's a lot of, I can't speak for, say, 10, 20 years ago, but there are a lot of great resources that are available on the Yardmore Centre, Music NSW.
There's a bunch of them that we've provided free materials for over the years, like PDF guides, webinars, all that kind of thing, all free of charge for artists to you know, participate in and learn.
So that's, yeah, there's definitely resources out there, but whether these guys are getting any kind of formal education, I think to your point, I don't really see it, not really.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.