Starting a Record Label? Here's Why Forming an LLC is Essential!
In this video, I dive into the essential reasons why forming an LLC is crucial before starting your record label. From liability issues to financial risks and opportunities, I cover all you need to know about why and when to create an LLC for your music business. Whether it's protecting your intellectual property, managing finances effectively, or understanding the importance of quality human capital, this guide is packed with valuable insights. Ideal for artists, producers, songwriters, or aspiring music executives, this video is your first step toward building a successful record label. Don't miss our 60-Day Record Label course and the free guide, "10 Ways to Increase Your Record Label Profits," for more in-depth knowledge and tools to thrive in the music industry.
00:00 - Let’s talk!
00:52 - You Cannot Sign an Artist to Yourself
01:38 - Intellectual Property should NOT Be Held in Your Name
02:28 - Money Should Flow into a Business, Not Your Hands
03:35 - Start-Up Cost and Organization Cost Write-Offs
04:48 - Quality Human Capital
05:56 - “What should I do first?”
06:09 - “How much does it cost to start?”
06:27 - “When should I create a Parent Company?”
07:52 - Setting up your Company Flawlessly
09:34 - If you DO Start the LLC First
09:58 - If you DON’T Start the LLC First
10:45 - My Final Thoughts
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Пікірлер: 22
brah its been posted 38 min ago and i watched it 3x smh.... this is the type of info we need 👏🙏
@thetruthhurtsu
5 ай бұрын
So true! I love how he dedicate his time to educate people. 👍🏽
Man you are the Info GURU!!!!
Can you do a breakdown for artist who don’t want to start a record label? Or do you have from the past talking about it?
I wish more people subscribed to your channel. It’s a place to obtain #FreeInformativeKnowledge into the Music Business. I’ve encountered many peoples profile’s on other platforms that claim that they are a CEO of a HipHop record label yet, they do not have an LLC. My question is, is it possible to own a record company and releasing music without a LLC?
@MusicMoneyMakeover
5 ай бұрын
Yes but not a very good or secure one. Matter of fact i wouldn’t touch them with a 10ft pole.
Always thank you Casey 💯💪🏿
Needed this fam, just starting brainstorming for my business plan. I’ve had an LLC for my independent label for 3 years but haven’t made money or made any moves with it.
It’s tax season, this the perfect time to get it all together. S/O to you for always giving out great info.
Thanks man. Very knowledgeable.
@MusicMoneyMakeover
5 ай бұрын
You’re welcome
Great video brother thank you very much
Yep. Sounds familiar. Great advice. You are a genius. Great motivation to get it crack’n.
🕓 Thank you 🫡
When are u cutting a sale on that course again
As always Casey, you “spit” hot 🔥 🔥 🔥 🔥
@MusicMoneyMakeover
4 ай бұрын
Hahahah. Thanks.
Please! Answer this question for me or anyone else that knows the answer. Thanks! Q: If you didn't have an agreement for a singer to sing your song however, I do own the copyright to the music and lyrics of the song, can I publish that song without the singer's permission or do I get their permission? I Don't mind doing things right, I just want to know my options/responsibilities.
Hello. I have the LLC and it’s as publisher with BMI. All music & lyrics are mine and with copyright. I have a new country album (not a vinyl yet only will stream). Can the same name LLC be the record label and can I sign myself? Can this allow me as an artist move forward and maybe be accepted in a category to get into any awards? Or does one HAVE to be with a big record company?
hi,good morning .. hope everything is ok in your side.. i'm ERIC PAVEL Music Producer from Toronto CA. Can i do the course 60 days Record Label..?
@MusicMoneyMakeover
5 ай бұрын
You can you'd just have to replace a few things for your country vs the US. LLP instead of LLC, SOCAN instead of BMI and ASCAP, and CMRRA instead of HFA and MLC.
@ALMENDRON-ph6fd
5 ай бұрын
Perfect thank you. i WILL BE done school in two months... I FOLLOW your course... then.@@MusicMoneyMakeover