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Entertainment & Events

Children’s Party Planning

Create great parties for both kids and parents to enjoy.

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Business At A Glance

Children’s Party Planning

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Today’s moms and dads want to give their kids memorable parties justlike they had, but with a two-income household, it’s difficult to findthe time to plan and organize all this stuff.

And even moms or dads whodon’t work often feel that a really creative party is beyond theircapabilities. But if you’re creative, then you can be the life of thegala with a children’s party planning business. You’ll plan the theme,provide costumes (unless guests arrive wearing their own), décor, food,favors and other assorted goodies, entertainment, and clean upafterward so parents can enjoy the festivities instead of runningthemselves ragged. And you can do more than birthday parties–go allout with Halloween, Christmas, Chanukah, end-of-school andend-of-summer parties–whatever you can dream up and sell.

Theadvantages to this business are that your startup costs are low, it’screative and it’s always fun–heck, you get to go to birthday partiesevery working day! Besides that all-important creativity, you’ll needthe organizational skills to pull everything together and do itsmoothly so that everyone has fun. You should also know what kids liketoday so that you can plan parties around the cartoon character or hitmovie of the hour. And you’ll need to be a people person who can makesure that no shy child gets left out of the fun and no sensitive parentgets miffed at being left out the picture.

The Market

Your customers will be parents and kids who just wanna have fun. Sendbrochures to moms and dads in your area. Write fun, informativearticles for local newspapers. Place ads in the Yellow Pages and inlocal publications. Network among the kiddie set and post fliers (withthe owners’ permission) at dance and karate studios and otherchildren’s hang-outs. Donate a party to the lucky winner of a charityauction–always good publicity–and give free parties to friends who’llspread the word. Be sure to take pictures for your portfolio.

Needed Equipment

All you really need is a planning book and a telephone. If youspecialize in a certain type of party, like dress-up tea parties orwild animal parties, you’ll want to lay in a stock of costumes andmakeup for guests to put on.

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Entertainment & Events

Band Rehearsal Space Rentals

Got some garage space? Rent it out to a promising garage band.

Entrepreneur

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Business At A Glance

Band Rehearsal Space Rentals

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Musical bands and performers have always had a difficult time securingspace for rehearsing their acts and numbers, and starting a businessthat rents rehearsal space to musicians by the hour, day, week or monthis a fantastic new enterprise to get rolling.

Ideally, the businesswill be established on leased premises in an industrial building sothat noise won’t be a concern or become a problem. Additionally, thespaced that’s leased for the rehearsal space should also be subdividedinto a few smaller rehearsal rooms to accommodate more than onecustomer at a time. Current rental rates for rehearsal rooms start at$10 per hour and can go much higher depending if any equipment and PAsystems are supplied and included in the rent.

The Market

Typical customers will be anyone in the music industry–from musicians to singers to music producers.

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Entertainment & Events

Video Editing Service

During wedding season, there’s always room for more video editors.

Entrepreneur

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Business At A Glance

Video Editing Service

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Millions of North Americans now owncamcorders or digital camcorders and use them on a regular basis forfilming important family milestones, vacations, and special events.

Starting a video editing service that takes a client’s raw film footageand turns it into a fantastic video production including music, titles,and special effects is a fantastic business venture to put into action.A video editing business can easily be operated from a homebasedstudio, and the business can focus on both video film editing as wellas digital film editing. Utilizing a demonstration kiosk that can setup in a mall or grocery store is a fantastic way to promote a videoediting service, as it can give potential clients a firsthand look athow their treasured family videos will look after being professionallyedited. Starting a video and digital editing service does requirespecial skills and equipment. However, like any great businessopportunity, hard work, research, and planning can pay off in terms ofpersonal and financial rewards.

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Entertainment & Events

Mobile Formalwear Rentals

Give your formalwear rental business an edge by making it mobile.

Entrepreneur

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Business At A Glance

Mobile Formalwear Rentals

Startup Costs: $50,000 – $100,000
Online Operation? No

Business Overview

Take a traditional formalwear rentalbusiness, add wheels, and you have the focus of this businessopportunity. Who says the customer has to come to you? Why can’t you goto the customer? You can, and that is what makes this a unique businessopportunity to pursue. You can offer clients the exact same service andproducts that a traditional formalwear rental business does simply byconverting a delivery van into your operating location. Anyone seekingto rent tuxedos would simply phone in advance and book an appointmentfor you to go to their home or office. Any alterations could even becompleted on site, providing time permits. If not, the tuxedo could bedelivered to the client the following day. Establishing alliances withwedding and event planners will go a long way to secure business asthese professionals can refer your service to their clients.

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