...guess I should add that you need to outfit the studio in the latest computer technology. Just about everybody is realizing these days that 99% of the studio recording can be done within the computer using virtual instruments... then taking the computer mix and using the studio to add the acoustical instruments. You'll need a storage area where people have access to the best Mics, compression and amps.. and a decent reverb.
Top end equipment and total silence (signal to noise ratio) is a total must.
Buy some esoteric albums that stereo shops use for demonstration purposes and play them on a high end stereo system to get an idea what to shoot for.