Sheldon says:
like you said do limited runs or split release first / always if you can
do a release on your own is tough if you are a lazy bastard like me you spend £600 or more pressing a release and sell 10 copies out of 500 ha ha repeat that 9 or 10 times and your are down about £7k fun times though i dont regret it
Dont press too many copies of anything unless you know this band are amazing and everyone loves them
trade with other labels as much as possible and start an online shop
have fun
Cheers mate, that's pretty much what I was thinking. Either split releases or just doing EPs rather than albums. Split releases though doubles the sales potential of a release though which makes it an attractive idea. I've been looking at pressing prices and the one I found locally is about £450 for 500 CDs and £600 for 1000, does that sound about right. If the difference in outlay is only around £150 I'm thinking go for 1000 and have more to use for promo and to give to the bands for their cut.
Trades are something we would definitely look at and set up a web store and maybe co-releases with other labels to share costs and promotion duties.