Funding a Music Company

There are many decisions to choose from when starting up a business in the music industry. Funding is one of the first in this process. Without a location, equipment, and other necessary tools to get your business running, it is almost impossible to become successful as an entrepreneur.

Funding Options to Consider:

- Record Label Grants as a Small Business: File as either Business, Organization or Individual. Those of a Nonprofit Variety may be eligible to receive financial aid or grants.

- Crowd-funding: Small amounts of money raised from a large number of people on sites such as KickStarter to support projects and ventures.

- Art Grants for Record Labels: Supports businesses that demonstrate a clear vision, fixes gaps, engages a new market. Beneficial to the community and related field.

- Venture Capital: Manages money from investors seeking private equity stakes in small/startup businesses that hold strong growth potential.

- Personal Capital/Angel Investors: Money that comes from a specific source such as yourself or a close connection.

- Business Credit Cards: Obtained through banks similar to a mortgage.

- Winning A Contest or Lotto: Who knows...You may be turn out lucky one day.

- Rent/Sell Items: If you have any items of value you can sell or rent them to raise money.

- Side Business/Jobs: If you work anywhere else be sure to save money.

REMINDER: Grants do not need to be paid back however loans and financial aid  do.