How To Start an Independent Record Label

Expand the description and view the text of the steps for this how-to video. Check out Howcast for other do-it-yourself videos from wogelife and more videos in the Music Recording category. You can contribute too! Create your own DIY guide at www.howcast.com or produce your own Howcast spots with the Howcast Filmmakers Program at www.howcast.com Starting an independent record label, like starting any other business, requires a well-conceived plan with clear goals. To complete this How-To you will need: A business plan Money A name A band or artist A recording studio Step 1: Write a business plan Write a business plan to demonstrate to potential investors that you know what is involved in running a label. Step 2: Raise capital Put together a budget, and raise the capital necessary to form and run the business. Funds can come from personal savings, loans from family or friends, bank loans, or investors. Step 3: Choose a name Choose a name for the label. Tip: Check with local, state, and federal laws to ensure the business is properly registered. Step 4: Contract a band Contract an artist or band that makes great music and record their album. Tip: Pick a band that is willing to tour. A record label suffers if the band does not tour. Step 5: Contact the press Submit the band’s record to the press four months before the release date. This increases the chances of getting a review around the release date. Step 6: Send press to distributors Send any press about your label or its …
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