Thank you for sharing all of the information! ❤ I’ve been wanting to get into the photo booth business for a long time. I’m very excited but nervous. 😅
If you want to grow this business at all then absolutely. It’ll protect your personal assets. But you can always consult with your accountant to be sure.
Hum… I would think there’s several steps to evaluate before name, pricing etc. How about startup costs, market that will use your services, ROI, just to name a few…
I just recently started considering starting a photo booth company. One of the things I was concerned about is how busy a company normally stays. Do you get on the average 4 bookings a month, or more like 10 or 15 bookings a month.
It really depends! Also consider that there are busy and non busy seasons. It depends on your area, the demographic, who you’re marketing too, how much money you’re putting into ads for your business, how much time you’re investing in organic social media marketing etc. if you’re asking me personally, I’ll always at least have 4. I’m doing 15 on average now. I just expanded my team so I have capacity to do more. So yea, you get out of it what you put in it.
Great content! Other boothers undercutting everyone else is the worst! There was a boother a few months ago undercutting everyone by HUNDREDS of dollars. I haven’t seen them much lately but offering a deluxe print package for the cost of a DNP media kit seems like a terrible business plan.
WOOOW noooo I mean, maybe for one event to get some experience but as a base price you’ll run yourself into the ground doing that. It’s just not worth it. Adding value not only helps the entire industry but brings you more profit, win win. It’s such a mindset switch that I wish more people understood when starting!
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I copy everything. Do it for sure. Save money. Good times.
and before you pick a name make sure that domain name available
Yup! We have a whole podcast episode on that!
Thank you for sharing all of the information! ❤ I’ve been wanting to get into the photo booth business for a long time. I’m very excited but nervous. 😅
Yes!! It’s been the best decision I’ve ever made. Keep your vision clear and get after it! 💪
Do you need to get an LLC if you are just starting
If you want to grow this business at all then absolutely. It’ll protect your personal assets. But you can always consult with your accountant to be sure.
Hum… I would think there’s several steps to evaluate before name, pricing etc. How about startup costs, market that will use your services, ROI, just to name a few…
Facts. Business plans actually work.
I just recently started considering starting a photo booth company. One of the things I was concerned about is how busy a company normally stays. Do you get on the average 4 bookings a month, or more like 10 or 15 bookings a month.
It really depends! Also consider that there are busy and non busy seasons. It depends on your area, the demographic, who you’re marketing too, how much money you’re putting into ads for your business, how much time you’re investing in organic social media marketing etc. if you’re asking me personally, I’ll always at least have 4. I’m doing 15 on average now. I just expanded my team so I have capacity to do more. So yea, you get out of it what you put in it.
Did you pay to have your site made or did you do it yourself on godaddy?
I did it myself using their templates! Super easy
Have good enough business so if some does copy no problem. No complaints
Tku sooo much for everything you are showing us the ones that would like to start a business tku and God bless you 🙏
So glad it’s helpful!
Great Job Nicole
What photo software do you use for your photo booth?
I use salsa software!
Great content! Other boothers undercutting everyone else is the worst! There was a boother a few months ago undercutting everyone by HUNDREDS of dollars. I haven’t seen them much lately but offering a deluxe print package for the cost of a DNP media kit seems like a terrible business plan.
WOOOW noooo I mean, maybe for one event to get some experience but as a base price you’ll run yourself into the ground doing that. It’s just not worth it. Adding value not only helps the entire industry but brings you more profit, win win. It’s such a mindset switch that I wish more people understood when starting!
It’s call free markets. You’ll adapt to the lower fees other charge or you’ll lose your business.
What is a good website to buy a business name?
I use godaddy! You can buy the domain there
thank you@@ownyourmomentco
Great info. Thank you.
Glad it was helpful!
Oh my goodness this is the best video with so much info!! ❤❤thank you so much Nicole!!
Glad it was helpful!