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Entertainment & Events

Musical Band Management

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

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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.

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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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Entertainment & Events

Houseboat Rentals

Renting out your luxury liner is how you can make your business your escape and your escape your houseboat.

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Business At A Glance

Houseboat Rentals

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

Business Overview

There are numerous options available to youin terms of starting a houseboat rental service. The first option is topurchase the houseboats ($20,000 to $30,000 each secondhand). Thesecond, and more viable option is to locate houseboat owners and see ifthey are prepared to enter their boats into a rental pool that ismanaged and operated by your service.

Houseboat rental rates are in therange of $750 to $1,000 per week and the person who is renting the boatmust pay for additional operating costs such as gas and insurance. Inexchange for the boat owner allowing their houseboat to be used in therental pool, they would receive 50 percent of the rental revenue andpay no moorage or maintenance fees for their boats. You would keep 50percent of the rental fee and maintain the houseboat for the owner.Including operating overheads, boat maintenance, and moorage, a pretaxnet of 20 percent of the total rental fees per year should be theprofit. Providing you have at least ten houseboats in the rental poolthat were rented for an average of 25 weeks each per year, this examplewould leave you a profit of $50,000. The business can be started forless than $10,000 providing you are not intending to purchase thehouseboats.

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Entertainment & Events

Party Entertainer

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

Entrepreneur

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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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