This project focused on personal plans for the future. At the time I had planned to open my own recording studio. This is a slideshow presentation breaking down my plan to open and sustain that recording studio based on my knowledge at the time.

1. LEGAL ISSUES IN SETTING
UP A BUSINESS
Emily Glaser
Recording Studio

2. ENVISION RECORDS

3. I will be creating my own recording studio. My plan is to
take out a small business loan to cover the initial start up
costs of leasing a building and purchasing the required
equipment. Once a building is secured and I have acquired
the proper equipment I intend to begin promotions and
hiring a team. My fiancé is an Audio Production major at
Full Sail and he will be the lead engineer. With promotions
and some recruiting we will begin sessions. We are both
musicians and active in our community so finding clients will
not be an issue.
Envision Records

4. BUSINESS ENTITY
An LLC is a Limited Liability
Corporation.
An LLC can be owned by more
than one person.
(Multi-member LLC)
Owners are considered
“members”.

5. ADVANTAGES OF AN LLC
An LLC limits personal liability.
Your personal assets, such as your home and bank
account, cannot be used to collect debts accumulated by
your business.
LLC’s can take advantage of pass-through taxation in which
the LLC does not pay any LLC taxes or corporate taxes.
Instead the LLC’s income and expenses pass through to
the owners personal tax returns.

6. LICENSES AND
PERMITS IN CALIFORNIA
The state of California requires
any LLC to file for an LLC
certificate
A California Recording Studio
Business License is also
required as well as filing for an
EIN
You will also need a Los
Angeles Seller’s License in
order to sell any items

7. INSURANCE NEEDED
General Liability Insurance
Products Liability Insurance
Completed Operations Insurance
Damage to Rented Premises Liability Insurance
Special Event Liability Insurance
Host Liquor Liability Insurance
Worker’s Compensation Insurance

8. MORE INSURANCES TO
THINK ABOUT
Building and structure Insurance
Building Property Insurance
Equipment breakdown Insurance
Employee Dishonesty Insurance
Signage Insurance

9. • THE FIRST CONTRACT REQUIRED
WOULD BE A LEASE FOR THE
PROPERTY
THERE WOULD BE A CONTRACT
BETWEEN OWNERS OR MEMBERS
OF THE LLC (MULTI MEMBER LLC
OPERATING AGREEMENT)
THERE WOULD BE RECORDING
CONTRACTS FOR CLIENTS
ALL EMPLOYEES WOULD BE
REQUIRED TO SIGN A
CONFIDENTIALITY AGREEMENT
Contracts Needed for a Recording Studio
Business in California

10. INVESTORS
I would be looking for money
from investors to assist with
upkeep and
promotion/advertising
Investors would fund expenses
outside of initial startup and
equipment
Investors would also assist
with insurances needed

11. REFERENCES