7 LLC Essential Tips to Start Your Record Label LLC
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- Опубликовано: 27 июл 2024
- Discover the transformative power of LLCs for music creators in our latest video, "7 LLC Essential Tips to Start Your Record Label LLC". Whether you're releasing your music for the first time or starting a record label, understanding the benefits of an LLC is crucial. LLCs not only protect your personal assets but also manage your intellectual and real property as assets, allowing for revenue generation through renting, leasing, licensing, or lending. They offer tax advantages, remove personal liability, and can be the foundation for a highly automated, profitable business structure. Dive into the essentials of LLC formation and learn why it's a critical step for serious musicians aiming for success beyond the basement. Elevate your music career by mastering the business side with us.
00:00 - Let’s talk!
00:57 - The LLC Is its Own Corporate Entity
02:01 - LLC’s and Intellectual Property
02:51 - LLC and Real Property
03:34 - LLC’s CAN Earn Money
04:00 - LLC’s Pay Taxes
04:40 - LLC’s Remove Liability From You Personally
05:05 - The ULTIMATE Goal of the LLC
06:06 - “How quickly can you build one?”
06:21 - “Should I start a record label LLC before I put out music?”
06:44 - “How much does it cost?”
08:05 - If you Build the LLC for Your Career
08:19 - If you do NOT Build the LLC
08:41 - My Final Thoughts
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#MusicMoneyMakeover #recordlabel #llc
No matter ALL the info you give, the issue that is the BIGGEST challenge and the wall in today's game are the distributors and the micros now being implemented throughout in order to get even more money from OUR music.. Time to talk about it.
Yeah, I get confused with collecting micros outside of Sound Exchange or even how to keep up with em since media platforms keep changing terms.
I'm more than interested in a lecture on tax write-offs.
Second this
Waiting on gods timing building now . I would love for us to become partners in this business. My plan 🔥🔥
Hey don’t say I never asked you before , when you see me run across your tv 🙏🏽❤️
Thanks.
excellent work
🔥💯💪
Thanks for the wisdom man! Is possible to start a record label in a country that has 0% corporate tax and then pay dividends to myself in the country I actually live in?
You're going to have to consult with a CPA
Thanks!@@MusicMoneyMakeover
the main thing in UK with a LTD You need to do tax return whatever you make money or not and most Ltd (LLC) do not make money the first years they operate. Most music producer or artists register themselves at ltd (LLC) to make their music under an company name
Same thing here in the US.
You manage artists? And also do you teach how to produce make beats?
No and no.
@@MusicMoneyMakeoverManage me bro
He does not manage artists... I asked
His overall gig is similar to management.
He holds your hand if you pay.
How much it cost to hire you 2025 ?
😢 I'm lost in this Miami sauce
Man you gotta get outta the sauce