Log on to your computer and research sample record contracts. Draw up a contract for each performer who will be featured on the gospel record label recordings.
Begin recording the gospel songs for the gospel record label. Save the recordings as MP3 files.
Choose a name for your gospel record label. Go to a reliable domain registration and hosting service like hostgator.com or GoDaddy.com and register your domain. Pay the registration fee ($7 dollars to $15 dollars a year) and hosting fee (about $8 dollars a month) and look for your confirmation email with the details about your new website.
Write content for your website. Content should include details on your record label, songs, reviews and so on. Be sure your content contains words people will use to find you in the search engines.
Go to your site and log into your control panel. Upload the software you will need to create your site, such as Wordpress blogging and web page creation software.
Upload the content for your website pages using the web page creation software.
Upload the payment software you will need for your site, such as ZenCart. Upload the song details and other content, such as reviews, into your shopping cart. Set the price for each song and/or album, and save the entry.
Repeat Steps 6 through 8 for each song or album you would like to include in your online store.
Provide customer service information such as an email address in case anyone has any trouble with their downloads.
Create a marketing plan for your gospel record label. Post your songs on YouTube or MySpace, and at internet radio stations and other free airplay sites. Generate traffic for your site by using your web address in all of your promotional information.