Review all building codes and zoning requirements for your business’ location to ensure your entertainment business will be in compliance and able to obtain a CO. 9 Steps to Start your Entertainment Business, Read our guide to find the best small business credit cards. All you need is your desire, determination and your laptop that is already installed with editing suites. A CO confirms that all building codes, zoning laws and government regulations have been met. If you operate a sole proprietorship, you might want to operate under a business name other than your own name. We have put together this simple guide to starting your entertainment business. After finding your perfect idea learn how to. You can even open your facility up to summer camps. Starting a business in the entertainment industry is a tough decision to make. The bulk of the work of an entertainer is their actual time spent on stage, but an owner also has to be willing to devote time to advertising and marketing their services, as well as organizing the administrative end of things (e.g., payments, scheduling, etc.). Learn how to start a karoke bar business. After a major renovation, a new CO often needs to be issued. Business owners will need an understanding of facility maintenance and auto mechanics, and the ability to maintain high safety standards. Consider your talents and compare them against in-demand entertainment services. Startup costs will depend largely on your location, size, and facility, but they require a minimum of $100k. Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. A business website allows customers to learn more about your company and the products or services you offer. A whitewater rafting business is a great venture of an entrepreneur with a love of the great outdoors. The size should reflect the population of your area and projected demand. Startup costs are over 20K and you can achieve six-figure profits. Starting a go kart business is a great idea for entrepreneurs who have a passion for automobiles and enjoy working with people. General business acumen and snorkeling knowledge and experience are useful. Entrepreneurs who have a vested interest in building a sense of community and who love to work with people would be well-suited to start a whirlyball arena. Or they can start doing private lessons for more dedicated people. You can acquire your EIN for free through the IRS website, via fax, or by mail. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses. With the right location, target audience, and games, this industry is sustainable and has good growth potential. Startup costs can vary considerably depending on your location and set up. Businesses operating out of a physical location typically require a Certificate of Occupancy (CO). Recommended: Read our guide to find the best small business credit cards. Websites must be professional but personal enough to attract the desired audience base. Entertainers may be more in demand than they think because they can perform anywhere from a school to a home to a business. This separates your personal assets from your company's assets, which is necessary for personal asset protection. Sample Business Plan for Promotional Products. Most businesses can make between $20-50k in their first year and they have the potential to reach six-figures. Certain state permits and licenses may be needed to operate an entertainment business. These courses are quite popular and business owners stand to make a sizeable profit depending on the courses they offer, the quality of service, and the location. 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