Learn More, A cease and desist harassment letter warns a violator to immediately stop their offending behavior. If you are going to take on investors, if you are going to compensate employees with equity (stock in your entity), if you are going to compensate management with equity, if you want to treat everyone fairly, and if you want to align everyone’s incentives…I believe this (the concept) is the way to go. Learn More, A notice to vacate is a letter sent to your landlord of the property where you currently live. Let LegalTemplates help you get legally prepared with our real estate legal forms. Maybe one of your artists want to produce a new album, but doesn’t have the funds required for studio time? Recording Artist Contract (single deal - percentage of profits), Dance Remix Recording Contract (Flat Fee). Learn More, A Joint Venture Agreement is a contract between two or more parties who want to do business together. If you’ve got an army of die-hard fans, why not go directly to them for the money you need to produce new music or put on live shows? Whether you're hiring full-time employees or freelancers, we have the documents that are required to properly onboard them into your team. Learn More, Create an investment-worthy business plan with our template builder. Create a structure that justly recognized the value of the cash investment, the labor and the assets that everyone was contributing. Arts grants are a great option for creative professionals looking for a bulk cash sum to get their project off the ground, especially as you usually won’t have to pay anything back. Get Your Record Label Legal. That way you can decide how much you need, rather than how much you want. Learn More, A No Smoking Addendum is an additional document added to an existing lease or rental agreement. Burn these documents. Print this post and every comment below before attempting to pay someone to customize these docs to your needs.Why am I making these documents available?I am hopeful that these documents will make it easier for any artist to motivate investors, employees, managers, promoters and/or anyone an artist needs to compensate with equity (the stock in your company). There are plenty of funding opportunities out there for musicians and record labels, but getting hold of the investment you need requires careful planning. Then I think about the financially daunting task of touring and touring right (promoting each show properly, working with local press of each city, etc, etc) to move the band along in the right direction. The List of Legal Documents You Need to Run a Record Label Company. It’s always wise to work out a watertight budget before you start looking for investment. A Commercial Lease Agreement is a formal document between a landlord and a tenant to rent business property. Learn More, A Letter of Intent is a document that can be used for both business and academic purposes. Cebe , from Brazilwww.myspace.com/alexcebe. Create a structure that captured all the income streams. These documents are for business, purchases, sales, transactional agreements, and other finance related legal affairs. For electronic files, identification and labeling allows an office to maintain intellectual control over current files as well as to manage growth of new files. Adobe PDF is the universal and most suitable file format for legal documentation. So keep reading this post to know the secrets to add bates numbering to legal documents. If your music is making an impact across the local, national or even international music scene, you might just attract the interest of private investors or sponsors. If you want to stay in complete control of your own cash flow, raising the money you need to grow your label yourself is the best option. A bad investment or loan source can cause all sorts of problems down the line, so watch out for extortionate interest rates or investors looking to take more control of your company than you would be comfortable with. Thanks for making these files available for download. These grants aren’t available to just anyone and they can be incredibly competitive, so you’ll need to prove you deserve the money and demonstrate how you’ll use it. Start-up loans are one of the most common ways in which new businesses get the funding they need to grow and develop. Learn More, A postnuptial agreement is a written contract that is entered into after the couple gets married. Music and arts grants are not just limited to these examples. You’ll need to know the aims, finances and forecasts for your business inside out, and writing a clear plan is a great way to get it all down on paper, whether you're seeking investment right now or not. You can also arrange the listing of files in any order. Learn More, A Rental Application is a form used by Landlords to find responsible renters or tenants. Learn More, A durable power of attorney (DPOA) allows your agent to make decisions for you if you become incapacitated. Learn More, Create an IOU form in minutes with step-by-step instructions. "Independent artists have more opportunities than ever before to launch their own career without the backing of the… https://t.co/kBs2JpIZyU. Before we get into the types of funding available to independent label owners and artists, here are some key things to consider. Get started the right way by downloading one of our contract packages. Learn More, A business contract is an agreement in which each party agrees to an exchange, typically involving money, goods, or services. You might be able to operate a recording business as a sole proprietorship or partnership. Copyright © 2018, Music Think Tank. Each directory contains folders which act as record series. In my humble opinion, traditional record deal docs are useless to everyone involved. During the discovery phase of the litigation, more number of documents require the use of the unique identifiers for each page of the each important document for quick retrieval and reference. Generally, there’s no such thing as a no-strings-attached investment, so taking too much money could be unwise, especially if it comes to paying it back. Why create a 360 deal / structure? Management fees in this structure are paid as salaries that are on par with the salaries that were to be paid to band members. I had finally convinced by son that the music business is a BUSINESS with a short life span or most and you must look at every decsion as a bsiness decision if he expects his career to support him for the rest of his life. Previously it is done manually but with passage of time, it is overtaken by electronic numbering. Learn More, Thinking of leasing your property to holiday-makers or short term visitors? I have learned a lot over the last three years. For paper files, identification and labeling allows an office to maintain physical control over current files as well as manage growth of new files. Learn More. If you want to create a high-functioning, successful organization where everyone has mutual incentive, create something that resembles a 360 deal.The history behind the attached documents…I worked with an entertainment attorney to create these documents three years ago when a few friends and myself backed a band from Massachusetts called Jediah. When working with paper files three levels of file identification and labeling help simplify and facilitate filing and retrieval: Labels should be typed in uppercase and include: File guides (PNG) serve as "signposts" to lead the searcher to specific portions of the file. Follow any application guidelines to the letter, check for spelling and grammar and get someone else to proofread it. All rights reserved. I teach a talent management course at Missouri State University as part of our Entertainment Management Degree. For artist and labels in the USA, opportunities for grants are available from New Music USA, National Endowment for the Arts and more. Once you have done with the arrangement of the files, then click on Add header and footer dialog box and then click on OK. On the next windows screen, select option as per the requirement i.e. Bruce, this is great. It is the cheapest alternative to Adobe acrobat pro.

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