During my self-educative research, I came across a great video that brilliantly explains the aspects of starting a music production company.
George Howard, goes into a lot of detail with his interviewer, Kelvin Brown, about what is needed to create a production company. He explains many of the legal aspects that need to be taken in as well as how important it is to market your company as a brand.
George Howard, makes it purely clear - just "making beats" and uploading them on the internet will not get the fast response you want. This is why marketing and branding plays an essential part in the music business. I suggest checking out this link - watch the 30 minute interview. If your serious, then take notes. It sure helped me to understand many of the legal parts of a company in the music business.
Photo Courtesy: alleywatch.com