If you are at a stage in the production of your music that you are seeking information about an EP or album recording cost, you should have properly prepared backing tracks and lyrics.
A kickass album that does not have buyers is not awesome. For this reason, it is imperative to include the cost of attracting buyers into your album budget.
Selling your album is not just about covering your costs or generating revenues; it is about making fans as well. In today’s social media world, it is easy to market and advertise your album.