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First define get a record label. If you want to open any business you need a license with the city. Then know what the business is all about BEFORE you invest in establishing a business regarding recordings.
If you are an artist that wants to get a contract with a record label understand that the contract is a loan on your earnings. Like a loan to buy a house. They have to be sure you are worth the risk of the loan.
Prove that and it will be easier to obtain the contract which again is only a loan against your first year earnings. Maybe a loan even against you lifetime earnings depending on your recording contract.
Labels come in all sizes like shoes but make sure it is a good fit before you approach them at all to be one of their artists.
Also make sure you can verify their prior accomplishments so that you will get the needed support for your job which as a recording aritst to sell product and pay back your loan. Those who can not pay back have a clause in the contract that they will be released from being represented by the label.
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