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Modeling Agency

Use your connections to get models their big break.

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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

Home Theater Rooms

A combination of construction and cinema create a perfect picture–in high-def, of course.

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Business At A Glance

Home Theater Rooms

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

Home theaters have become a very popularhome renovation. Big-screen TVs, surround sound, and full contact audioproducts are all helping to fuel the demand for the perfect familyentertainment room. Thus, starting a business that specializes indesigning and renovating existing rooms into home theater rooms is afantastic business enterprise to set in motion for the new millennium,consider establishing an alliance or joint venture with an existingaudio/visual electronics retailer. Your company would provide the roomdesigns and construction, while the retail business would provide thehome theater electronics products. This type of joint venture would bevery beneficial to both businesses and increase the profit band marketshare potential overall.

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Entertainment & Events

Party Entertainer

Always been the life of the party? Start a party entertaining business.

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Business At A Glance

Party Entertainer

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

Business Overview

There are a couple of options available in terms of starting a partyentertaining service. You can work as an agency, representingentertainers for parties.

Or, if you have the skills, you can be anentertainer yourself. The different types of entertainers forchildren’s parties include clowns, magicians, trained pet shows,singers and skit plays. You can also gear your act to adults and offeryour services for corporate events as a magician or karaoke deejay.This is a relatively low-investment business to start and operate, andthe profit potential is very good. I contacted four different agenciesand found the average rate for party entertainers was $50 per hour,with a minimum charge for 1-1/2 hours including travel. An agencyrepresenting entertainers for parties or being an entertainer yourselfis a good home based business that allows for flexible hours, goodincome potential and loads of fun.

The Market

Your customers are parents who are giving their children parties, andbusinesses who are planning anniversary, holiday or summer events fortheir employees. While you can advertise in the Yellow Pages and sendfliers to local businesses, your best marketing tool will beword-of-mouth. Be sure to bring brochures or business cards to everygig you get.

Needed Equipment

Your area of expertise will dictate the tools of your trade. You will also need reliable transportation.

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Entertainment & Events

Musical Festival Promoter

Combine music and devotion to a cause as a music festival promoter.

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Business At A Glance

Musical Festival Promoter

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

Music festivals are extremely popularentertainment events across North America, and becoming a musicfestival promoter is an outstanding opportunity for the entrepreneurthat is seeking to start a part-time business. The business concept isbasic and you can get started by first deciding what type of musicfestival or festivals you want to promote; country and western, jazz,rock, or folk. The choices are unlimited, as different music stylesappeal to everybody. Consider the following six-step process toestablishing the business.

  1. Secure a suitable location for the musicfestival, such as a park, beach, outdoor arena, or farmland.
  2. Applyfor and secure all required permits from local government agencies.
  3. Secure performers and vendors for the festival.
  4. Build alliances withco-sponsors for the event, such as TV and radio stations.
  5. Assemble avolunteer workforce to assist in operating the event. This can usuallybe accomplished by joining forces with a local charity that receives aportion of the admission sales.
  6. Print and sell tickets. There is agreat amount of research and planning required to organize and host amusic festival; however, once established the festival can be heldannually and even expanded to additional communities.

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