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Entertainment & Events

Recording Studio

Record sound–and profits–with your own studio.

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Business At A Glance

Recording Studio

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

The investment required to start a soundrecording studio is gigantic. However, the profits that the businesscan potentially generate are even larger. Starting a sound recordingstudio is much easier than it was at one time, simply because of theadvancement in technology.

Many recording studios that specialize invoiceovers for radio advertising, CD recording and DVD recording areeven homebased operations. Any one who doesn’t have experience in therecording industry is well advised to stay clear of this particularbusiness opportunity’-unless the business is approached or establishedas a joint venture enterprise with a person or company that hasexperience in the industry, but lacks the financial backing or businessexperience to ensure the enterprise succeeds. A recording studio canpotentially exceed $100,000 per year in profit after wages, expensesand taxes.

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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

Mystery Dinner Parties

A passion for drama, imagination and social interaction could make this perfect for you.

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Business At A Glance

Mystery Dinner Parties

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

Organizing and hosting mystery dinnerparties is not only a sensational business venture to initiate, but itcould also prove to be a lot of fun. ‘Who done it’ or murder mysterydinner parties have become an extremely popular entertainment servicein the past few years, and there are many benefits to starting thisunique and fun service including:

  • The business can be managed from ahomebased office and operated on a full- or part-time basis.Additionally, the initial start-up investment is less than $3,000.
  • The demand for the service is excellent, and clients can includeindividuals wanting to host an interesting dinner party, corporationsseeking a fun social function for their employees and customers, andevent planners searching for something out of the ordinary in terms ofa unique entertainment experience for their clients.

The theme of theparty can be created or you can use a popular mystery theme or storythat people are familiar with. Currently, mystery dinner party servicesare charging rates in the range of $15 per person plus the cost of acatered dinner.

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Entertainment & Events

Trophies

Reward yourself–and someone else–with a business that makes trophies.

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Business At A Glance

Trophies

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

Each year in North America millions oftrophies are given to winning sports teams, game MVPs, and to peoplebeing recognized for outstanding achievement.

The demand for trophiesis not only proven, it also continues to increase every year as thepopulation of people and popularity of sports continues to grow. Atrophy supply and engraving business can be started for less than$5,000, and purchasing trophies on a wholesale basis should not proveto be difficult as there are thousands of trophy manufacturersworldwide. Furthermore, the equipment needed for engraving name plaquesfor the trophies is inexpensive and available at most building centersin every community. Profit potential range is $10,000+ per year.

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