The music industry is adapting to changes in how we all consume music. The rise of social media, a move to digital distribution and the increasing popularity of streaming platforms creates new challenges and opportunities. Small, independent record labels can react to these changes, and with careful planning and execution, they can become a success.
We know it can be daunting to start a record label business, and we’re here to help.
We’ve assisted over 500,000 people with forming their business and provided answers, guidance and support to transform them into entrepreneurs. We’ll guide you through what you need to know to start your record label business and get it off the ground.
From validating your business and doing the research to filing your paperwork and running your business, this guide will help you out. Read on for some insight into creating your own record label business and becoming an entrepreneur. Here’s what you’ll find:
How to validate your record label business idea
Groups, forums and support for record label business owners
Different types of record label businesses
Helpful software for record label business owners
Learn if a record label business is right for you
Facts and figures on the success of record label businesses
Setting up your record label business, including location, equipment, employees, taxes, finances, licenses and more
How to choose whether your record label business should be an LLC or corporation
Record label business planning