How much does it cost to start a record label?

Question

Zippia Team · Accepted Answer

The average startup cost for a record label is $200-$50000. This is obviously a huge range and depends greatly on what type of record label: small, medium, or large, you are looking to begin. Now, with personal computers and internet access, it is much easier to begin a record label even with little startup costs.

There are startup costs that all record labels need to factor into the budget. Equipment such as microphones, mixers, cables, stationery, and others are necessary. To cut down on costs initially, you can choose to rent this equipment. Having a recording space is also necessary, but can be rented or can often include a DIY space if you are on a tight budget.

If you have more capital to begin, you can purchase nicer equipment and focus on marketing your business with a larger marketing budget. You also could see a lot of growth in your business through creating different networking opportunities to meet other labels and artists.