Owning a record label is basically about helping recording artists release their music album or singles to the general public and the process starts with agreeing on a deal or contract and then writing out the music lyrics before entering the studio to start work. Next post: Starting A Record Label? Use the steps below as a guideline to help you get on your way: With these basic steps, it will be easier for your company structure to take off running and to reach it’s full capacity. Nope! Try another answer... Nope. Knowing exactly how to set yourself up as a company and having a company structure will allow you to get the most out of your record label. You can always use a consultant to assist you with this part or can find information on your government’s main website or business names registrations website for help and advice when trying to decide what route you want to take. It is easier for businesses to survive when they have steady flow of business deals / customers patronizing their products and services. The first step that you must take to building your company structure is registering with the government or relevant business registration organizations. There is much more to music than the average thinks. Essentially, this is the area we are looking towards spending our start – up capital on; Going by the report from the research and feasibility studies, we will need about $300,000 to set up a small scale but standard record label company in the United States of America. © 2009 IndependentMusicStartUp.com All Rights Reserved. Access your free record label business plan template. What might be a cause of failure for anyone who wants to start a record label? Record Label, We will also ensure that our excellent music production / top class music speaks for us in the market place; we want to build a standard record label company that will leverage on word of mouth advertisement from satisfied clients / artists. {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/7\/7a\/Start-a-Record-Label-Step-1.jpg\/v4-460px-Start-a-Record-Label-Step-1.jpg","bigUrl":"\/images\/thumb\/7\/7a\/Start-a-Record-Label-Step-1.jpg\/aid173263-v4-728px-Start-a-Record-Label-Step-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":"728","bigHeight":"546","licensing":"