Disclosing business venture to firm
Hi all, this should be a bit different than most posts on the topic of starting one's own venture, but I'm curious on people's thoughts here:
I'm a life-long musician getting back into it for the first time in about 5 years. In a past life I played guitar in a DIY hardcore-punk band, did some touring, made a go at it on a very small DIY scale. It was a blast, but then I grew up and went back to college and am now working in Corp fin at a super regional bank.
Recently I've started playing again, and am currently sitting on a 10-song album of pure pop gold. I've never written, recorded, or released pop music, but with a business mind set and a great team on our side, my band is ramping up for a big release. Pretty big budget production/mix/master, videos, shows, merch, the whole nine yards. As we prepare to release and build this thing up, I'm starting to wonder the ramifications with my employer.
The band is registered as an LLC and has a bank account, may someday have its own credit, etc. Right now the band has been completely funded by contributions from myself and my band mate (two piece). The project hasn't really released yet, and isn't bringing in any revenue (just burning cash), but should this thing bite the way our team is thinking/hoping, there will be money flowing in and out on various projects.
Outside of taking some phone calls and shooting around emails from my phone while at work, there is no interference with my day job but I'm a little concerned what could happen if we take off in any way. I haven't disclosed any of the band to my management or to HR, and I'm wondering in your opinions: should I? What are your thoughts on handling this with my bank? I don't want anyone to question my ability to perform my job, or to think I'm half-assing my work, but I also don't want to unnecessarily disclose thing thing to anyone and open up the possibility for my employer to terminate me...