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Modeling Agency

Use your connections to get models their big break.

Entrepreneur

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Business At A Glance

Modeling Agency

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Online Operation? No

Business Overview

Some of the world’s most profitable and famous modeling agenciesstarted on a shoestring budget. The key to success in this industry isnot having deep pockets, but good contacts and knowing how tocapitalize on those contacts.

When you stand back and analyze amodeling agency, what you find at the core of the business is simplythis: a modeling agency represents people of various appearances,shapes, sizes, races, etc., who are used to promote or display aproduct or service for paying a client. Nothing more. This gets back tomy first point, which was industry contacts. Contacts are important inthis industry for a few reasons, including the fact that the industryis very competitive or even cutthroat. Reliability is essential, andnew modeling agencies find a lot of closed doors unless they have acontact inside. Once established, a modeling agency can be veryprofitable, making this a business opportunity that is definitely worthinvesting some time into researching the possibilities further.

The Market

There are a variety of potential clients for your business:Photographers, ad agencies, fashion designers and even trade showparticipants who need to staff their booths.

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Entertainment & Events

Party Balloon Service

Selling and setting up these party products may balloon into a great business.

Entrepreneur

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Business At A Glance

Party Balloon Service

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Less than $5,000 will set you up in your own party balloon service. Thedemand for this service is certainly not limited to only children’sbirthday parties. Marketing a party balloon service is best achieved bycreating a colorful presentation to be distributed to all local eventplanners, children’s stores, catering companies, daycare centers,wedding planners and banquet halls.

Likewise, attending localnetworking clubs or chamber of commerce meetings is also a fantasticway to get the message out about your new service. A small amount ofresearch into your local market will assist you in product pricing aswill determining demand and competition in your local community. Shouldyou encounter a great deal of competition, you may want to addadditional services to your enterprise to create a competitiveadvantage. Great add-on services can include a party cleanup serviceand an event planning service. This is a business that can besuccessfully operated from home. However, you’ll require adequatetransportation, as the balloons need to be filled with helium the dayof the event.

The Market

Your customers are anyone throwing an event–a children’s birthdayparty, an anniversary party, a wedding and reception, a businessbanquet, holiday party, etc.

Needed Equipment

A great stock of balloons, helium tank, and large vehicle

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Entertainment & Events

Musical Band Management

If you’ve got connections, use them to help bands get their next gig.

Entrepreneur

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Business At A Glance

Musical Band Management

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

There are a few approaches that can be takenin terms of starting a musical band management service. The firstapproach is to start and operate the business on a part-time basis fromhome and perhaps only represent one or two musical bands or solomusical performers.
The second option Is to start a full-timemanagement agency that represents multiple bands or solo performers atone time. Both approaches to establishing and operating the businesshave their pros and cons, however, careful research will determine thebest approach for you. Additionally, be sure to follow current orpopular music trends when seeking a band or performer to represent, asthe likelihood of success will be much greater.

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Entertainment & Events

Street Entertainer

Have extraordinary talent and want to make money independently? Try this idea and give those street mimes some competition.

Entrepreneur

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Business At A Glance

Street Entertainer

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

Do you possess a special entertainmenttalent such as miming, juggling, or walking on stilts? If so, perhapsyou should consider applying that talent to becoming a professionalstreet entertainer or busker, as many buskers routinely earn more than$1,000 per week and, best of all, the earnings come in the form ofcash.

Becoming a street performer is very easy. However, there are twopotential drawbacks to operating this unique entertainment service as abusiness. The first drawback is that many buskers routinely travel towhere the tourists are depending on the season. While this may not be adrawback for all people considering this career, it will be for anyonewith a family. The second potential problem is that many communities inthe United States and Canada are starting to regulate street performersby issuing licenses or permits to conduct the performances, andgenerally the permits are awarded on a lottery basis, so research isvital.

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