The relative ease and cheap cost of recording and recording equipment these days makes it seem like an attractive idea as a business. There are a billion little garage bands and they all want to make singles and demos to put all over social networking sites. The problem is that the low cost and ease of recording is also the reason why literally anyone can do it now all on their own without needing to go to budget home-made studios. If you're the only game in your locale, then try it out. If you have competition, forget it, unless you're okay with having two jobs.
Some say it's cool to make a living doing something you love. I say that when something you love becomes a job, you won't love it for long.
Do some research, check rates around you and online, and see if it's even worth the trouble.
+1...
it`s easy to start thinking about getting a recording studio going..but as mentioned above, ya need to remember, that as affordable as alot of the various needed equiptment is these days, there`s a whole mess of people out there doing it..
and my thinking is..chances are, that most bands that have any kind of decent equiptment, and knowledge of music etc, likely has a member, or someone close who has equiptment capable of recording them...
That said..IMO, just starting out, it seams as though you`d pretty much have to focas on recording absolute young`in/beginner bands, who have`nt been in the game long enough to put together their own setup, or who does`nt already know someone who has..(which means they likely can`t aford much??)
I`m new to the whole recording thing, but been around the bock a time or two when it comes to bands etc..
and it seams to me, that "recording at home", be it a friends band, your self, family etc. is one thing, but going comercial for lack of a better term, you`d have to go big or stay home, if ya catch my drift..
I`m not at all saying it can`t be done..but unless you live way out in the sticks, chances are, someone else (more then likely ALOT of someone else`es) are already knee deep..
Just for the heck of it, I just did a search on CL, and emediatly ran across this add..
now a picture does`nt mean a whole lot, but it`s enough to let me know, there`s defiantly competition near by..and...their price is only $35 an hour...
so figure in the overhead on that (electric bill, payed helper/worker?, upkeep on the equiptment etc) and that`s not alot of money really..
Signwave Recording Studio Record Mix Master
anyway, by all means explore it, and see what ya find...I`m defiantly not saying it`s not posible, but rather, that it may not be as easy, and profitable as one can easily think..