Small studios rake in the dough in 2017 reports say. More independent lables are popping up with the advent of digital mixers. These mixers allow the small studios to compete with the big names, while maintaning the same sound quality.
When you are looking for a studio to record your music, make sure they have the same software. This makes the recording process much faster, as you have already laid down your basic mix.
If you have already completed this process and are looking for a studio to master with, again this is critical. They also can import from one program to another, or use STEMS.