"Business man come shake my hand, show me numbers that I understand, your my candle I'm your burnin' wick, two sides comin' in quick, say goodbye when you see me sign, now I'm crucified...."
- Disorder and Disarray, by Rancid
The above mentioned lyrics from punk rock legends Rancid illustrate perfectly what can happen to an up-and-coming band if they sign with the wrong record label. Years of practices, shows, promotion and hard work can be quickly wiped out by companies who don't have the best wishes of their artists in mind. In fact, countless bad contracts have ruined thousands of bands and solo artists in the last decade. Something obviously needs to be done.
Let's be honest, local garage bands, small town country singers and wannabe R:%$amp;B sensations don't have business teams in place to look after them. This fact is not easily lost on record company executives who are out to find the next big act at the lowest possible price. Whatever it takes to get a deal done, these execs will do it. Therefore, prior to signing with any record label, artists should do their research. Fortunately, a new tool exists to help musicians examine any businesses that they are going to get involved with: the online business search.
A little record:
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Though many people have heard of a background check, not many are aware of a business search. Simply put, an online business search is basically a background check performed on a business that can be purchased through web sites like PeopleFinders.com. As it is always a smart idea to perform a background check on an individual whom you are going into business with, it also makes sense to check out an organization that you are going to be financially involved with. Similar to a background check, an online business search provides only the necessary facts and is not filtered through any biased source. Thus, an online business search is a terrific aide when one is deciding to get involved with a particular business.
How does one go about conducting a business search$%: After logging on to a people search web site like or , all a person has to do is simply enter the name of a business in a search box and he or she can begin to investigate almost any business. Once a particular business is located, a business search report is then generated. The entire process takes less than ten minutes and costs less than an extra-large pizza.
At this point in the article, you may be wondering, "What exactly is included in an online business search and how will this information helps aspiring musicians avoid getting scammed by a record label$%:" As previously mentioned, business searches contain facts surrounding a particular business. These facts are taken from various public records databases and are summarized in the business search report. Though each site differs on which information is included in their business search report, most include similar information to the PeopleFinders.com business search report including:
* Full legal name of the business
* Corporate officers or owners
* Address/Phone Number
* Real property ownership
* Other businesses owned
* State and federal tax liens
* Corporate filing information
* Corporate status
* Agent for service
* DBA/Fictitious business name filings
* Real property ownership
(Thanks PeopleFinders.com)
This information is crucial in the fight against record company execs who will do or say almost anything to get a new act signed. Armed with a business search report, artists can now make their own determination if a particular business is right for their future by analyzing data from a business search report. By analyzing data from a few of the categories from the list above, it is easy to see how valuable a business search report can be to a musician trying to make the life-changing decision on signing with a particular record company:
Other Businesses Owned: If the owners of a record company also own a car wash, convenience store and a laundry mat, they might not be too interested in the music industry and may view their record company as just another way to make money.
Corporate Officers or Owners: An exec can tell you that all sorts of celebrities and big time business people are behind the record label that he or she works for. However, business searches can tell you who the real owners of the company are.
Address/Phone Number: A record label may portray an image of success but if it is located out of someone's house, it might be best to stay away. Business searches can give the address of a particular business so an artist can see first hand who he or she may be working with.
State and Federal Tax Liens: Organizations that don't pay their taxes probably aren't the best ones for an artist to get involved with.
So there you have it. Signing with a record label is a career altering decision for every group and solo artist. Therefore, before any decisions are made, it is best for artists to do their own research and rely not on the word of label executives but on a sound factual document like an online business search report.
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