Sunday, June 21, 2009

Starting A Record Label - How To Pick The Right Band To Promote

By Paige W. Connor

Hard work is the major ingredient to starting a record label. You wont get much rest but your efforts will be greatly rewarded if you stay determined and follow through with it. Don't let anyone hold you back.

Here's what you need to do:

In order to safeguard your copyrights, you will need a registered name for your record label. Choose ten names for your record label. Of course you only need one name but that one name has to be available online for .com preferably and then any other popular dots out there as well as offline, so having a lot of names to choose from will save you some time.

All the names you consider should have one thing in common; they should be catchy. This could make or break your record label.

You don't need a name that represents on genre of music. Pick something universal so that you can produce any genre of music. Now that you've got a list of names, you need to check out their availability by searching through a domain registry and seeing if your names are already taken or not. Make sure you don't pick a name that resembles someone else's record label. You don't want people to Google your record label and end up looking at someone else's label by mistake.

So you don't really have to worry later on, make sure offline businesses don't have the same name that you have to avoid lawsuits and copyright problems. You can have the state registrar check for this. Once you have done this take a look at what names are left. Register your name for your record label with the state registrar; this will cost you but only a little.

When starting a record company you will have to have a good bit of money to invest. If you are serious about being successful in the music business then why not take out a loan or get a grant? At the very least you will need hundreds of thousand of dollars. You need money for manufacturing the records and promotion.

A record company isn't a record company without a band. When starting a record label you need a band. Get out there and find a few good ones. Don't just listen to the bands music; look at their performance and appearance. Are their male and female personnel? Are they down to earth or are they snobby? These things will tell you if the band is going to be a hit or not. Once you for see a band going big, get them under contract. Have a clear contract written up and have them sign it.

Now that you have the music, you need to get it distributed. This is the next big step to starting your own record label. Before approaching a distributor, you need a game plan. Big time distributors general wont give a new label the time of day. Draw up a plan of how you are going to convince them to distribute your music. Find special points that would peak their interest in you. Go over this plan with a business analyst and have him help you with the layout.

Anyone with enough money begin starting a record label, but to start a label that makes some serious cash will take a little extra effort. You will be interested in finding the quickest ways to make money from starting a record label. After all, if you don't start to make money from your record label you might as well not have a record label. It wont be of any use and you will have wasted your time.

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