In addition to deciding what genre (or genres) you're going to focus on, it's time to pick a name that best represents you, create your official website, and register your label name. Before you release anything, you MUST create your website and claim ALL social media pages for your brand before you release your first album. Getting your social media in order first gives you time to gain some traction before it's time to promote your (or your clients') music.
Next, it's time to choose a business structure. The most common options are a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each structure has its own canada business email list advantages and disadvantages, so it's not a bad idea to consult with an attorney or accountant to determine which is the best option for you.
For example, an LLC exists independently of its members, meaning that the members are not personally liable for the company's debts and obligations that may arise. Instead, the LLC is responsible. On the other hand, a sole proprietorship is an unincorporated business that is owned and operated by a single person.
Choosing the sole proprietorship route gives you more personal control over everything. But an LLC saves you some liability if things don't work out. These are just some general things to keep in mind. But it's up to you to do your research and choose the path that's right for you.
Once you have made your choice, you will also need to register with the Secretary of State and update that registration annually.
6 Things You Should Do When Signing Up for Music Distribution with Symphonic
Register with SoundExchange and related rights collective management societies
The royalties that SoundExchange collects and distributes go to the featured artist and the copyright owner of the sound recording. ASCAP, BMI, and SESAC collect and distribute royalties to the songwriter, composer, and publisher. The difference is that both satellite radio providers and webcasters pay SoundExchange when they stream music.
Choose a business structure and register with the State
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