The fact you have a music CD released to your name, means that you now own your very own record label, even if you don't handle the financial and administrative side of things. This is so because the job of a record label is to release records and that is how you have a company to your name. It is actually that easy if you have the zeal! Just formally set-up what you are doing, a few extra things need to be taken into account.
Opening this company under an original brand name, a name that would look professional and one that is serious in what it is doing would be of great help in publicity. Having a brand name also helps from the financial side as you accept checks under your brand name and not under your own or the musician's name, which adds to the professionalism. And if other musicians opt to release their music with you, you can always give your own brand name.
A brand name can take a lot of time to choose but the whole activity is fun to do too. It is so because your initial and best efforts show in the name you choose. It proves how serious and how creative you are regarding your work, moreover, the field itself asks for creativity. Choose a name that fits the type of music you want to create and convey it to the public. As acceptable by law, you can use a brand name used by some other company in a different field but it shouldn't just be directly recognizable by the businesses in your area. Choosing a brand name similar to the one used by people in the same business is not feasible.
For setting up a company solely won't prove to be a good idea, but seeking advice from a lawyer or from someone who is experienced as well as trustworthy in the field would be a smart thing to do. This is helpful because solely, being an amateur, you may not know the ups and downs of the business and seeking the advice of a learned in the field can help you get to know the pros and cons in the business, as well as polish your dealings with professionals and amateurs in the field alike.
Just publicize the fact that there is this record label by so and so brand name by the help of newspapers, internet, banners, posters, etc. Designing a logo for the company will help people to identify your company even before looking at its name. Just make it familiar to the public and just a glance at your logo is enough to make your company famous. To increase your company's status, you can release music by other people under your record label so that at the times when your own music isn't doing good business, that can lift up your score. Remember, the main responsibility is on you to produce the best music and good music at that, for the public to listen to and enjoy!
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