Off the heels of Backwoods at Mulberry Mountain canceling - there has been a lot of buzz about the health of the music and festival industry as a whole.
Cash flow is king. And pre-sales are key, but not the whole story. Most ticket vendors don't pay out funds - any funds - until after the event takes place. This creates a lot of pressure on the promoter, having significant amounts of funds locked up until over a month after the event.
Cedar Falls Ticketing Solutions can assist with this. With our Stripe integration: small shows can get their cash flowing immediately, and bigger shows/festivals can get 50-75% of their funds flowing within two days of initial ticket sale. Compared to the competition: we get promoters their money, faster.
Our clients get paid out on average 33 days before the competition does. This is a full billing cycle. Cash flow is king!
Want to learn more about how we can supercharge your event ticketing? Book a meeting with me below!