What do I need to set up a recording music company or a music label?

How many Artist do I need for a start? How many people do i need at least and what job would they be responsible for? How could i find the right people in this business, since I do not have any experience in the music business?

check this site out which should help you

http://www.rapcointelpro.com/Start%20A%20Record%20Label.htm