Record Label with a Plan

Are you ready to learn how to start and run your own record label? Well, every business owner needs one important thing in order to start their own business and that is a business plan. A business plan is important for not only yourself but it is a necessity if you want to get any type of financing or solicit investors. If you have never written a business plan then I am going to give you a step by step instruction on how to start an independent record label beginning with the plan.

Alright, so now you know the first step in how to start a record label, a business plan. Your business plan needs to be simple, yet professional. Let’s begin with your audience. As I mentioned before, a business plan is for you and the people who may finance your business.
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Putting A Value On Vinyl Records

In part one we discussed the most important element of vinyl record appraising, the condition of the record and LP jacket or sleeve and the methods used in grading a vinyl record. In this section we will explore other elements that factor into the value of a record.

Scarcity

Many, many millions of vinyl records are in circulation, with almost every household in the US, either having some vinyl records at one time or another. We even had a vinyl record ‘boon’ from around 1955-1980. But, how many of those records are still around and more importantly, what condition are they in?
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