About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Party Entertainment Service
Startup Costs: Under $2,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Are you always the life of the party? Make it your business.
Business Overview
There is big money to be earned operating a party entertainment service and providing live entertainment for parties and special occasions—clowns, soloists, musical bands, magicians, singing telegrams, public speakers, spokespeople, acrobats, jugglers, comedians, adult-themed entertainers, and lots more. Kids parties, corporate events, social events, graduations, birthdays, anniversaries, weddings, trade shows, conventions, and Christmas parties are a lot more fun when there is live entertainment to keep guests entertained and in high spirits. Entertainers can be employed as contractors working on an on-call basis, and can be paid by way of revenue-sharing; the range of 60/40 in the entertainer’s favor is the industry standard. Promote the service by running advertisements in your local newspaper and in the Yellow Pages, as well as by contacting wedding planners and event planners in your community and explaining the various types of entertainers your service provides, as well as rates. This service can easily be managed from home, and start-up costs are modest, with the bulk of the budget being spent on business setup and marketing to get the telephone ringing with eager customers wanting to book acts for their special occasions and events.
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