How to start a Record Label... ... Starting a record label is not as easy as it sounds, there is a lot of work that needs to be done and your time needs to be devoted to the success of pulling it off the ground. When you want to start a Label you have to be ready for the challenges that will come your way. You will be emotionally and finically challenged in that field so you have to prepare yourself very well to pass those challenges. Starting a Record Label is like starting a business, it may be for the love of music to you or the need of helping artist achieve their goals, whatever your motive is you have to treat it like a business... ... The first thing you need to do when you starting a Record Label you have to have a business plan to guide you. The reason for this is that you will have to present your business to potential investors. Once you have drafted your plan than you have to think of the name of your business and that name needs to be a well thought and professional name that will not degrade your business. Once you have chosen the name be prepared to use that name for a long time because when you keep changing names you will be confusing the people that are following you. After you have decided on a name than take the next step by registering the business at the relevant place in your town... ... These are the things you should know when you are registering your Company... ... • It will cost you about R875,00 to start a company owned by more than three people and about R628,00 if you are less than three people... ... • If there will be shareholders than you must have a shareholders certificate It can take up to three months for the registering process to be complete... ... Once that has been completed than you will have to put your words into action and that’s when the hard work will be needed... ... A lawyer will be needed to handle legal side like contracts for the artist’s. But if you starting small you can grow up the contract’s yourself which will be a standard contract... ... This will get you thinking for the rest of the week, I will give you more information about running a Record Company next week Tuesday on the 1st of April... ...