What Do I Need To Start A Record Label

You can do this via the national business register or if youre setting up a limited company you can do it online via companies house. You will need to be an actual legal business if you want a business bank account or credit card and it certainly makes tax time a lot more manageable.

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The music industry is changing rapidly there is always a need for forward thinking record labels.

What do i need to start a record label. A successful record label will seek out new talent pay for the recording and mixing of albums underwrite tours and provide promotion and marketing services to their stable of artists. You can typically choose just one company. Running a record label is complicated and education in the music business is vital to your success.

If you want a website then it will make sense to include your record label in it so register your chosen name and make sure its available. Our guide on starting a record label covers all the essential information to help you decide if this business is a good match for you. Learn about the day to day activities of a record label owner the typical target market growth potential startup costs legal considerations and more.

Many indie labels skip this step at least initially but it is a good idea to have your record label set up as a legal business entity from the start. Knowledge of contracts publishing copyrights royalties marketing promotion advertising general business operations accounting and more are necessary to navigate the complexities of the entertainment business. As a record label operating in todays musical world youll need to be the one partnering with a distributor to upload a new song video or album on everything from itunes and spotify to smaller lesser known options specific to certain genres or countries.

Bandbasher From The Desk Of The Music Industry