Are you about writing a business plan to start an entertainment business? If YES, here are 100+ sample entertainment business plans & templates for FREE download.
The Entertainment industry encompasses mass media companies that control the distribution and manufacture of mass media entertainment. This industry has long been known to include the fields of theater, film, fine art, dance, opera, music, literary publishing, television, and radio.
On a global scale, the entertainment and media market was worth 1.72 trillion U.S. dollars in 2015 and it is set to rise to 2.14 trillion by 2020. This industry is not just about acting and singing alone, it is huge and a lot of opportunities exist for anyone who is visionary and determined to tap into it and rake in a lot of profits.
100+ Sample Entertainment Business Plans & Templates
If you are passionate about keeping people busy and happy, you should think towards starting your own video game lounge. A video game lounge is one of the easiest businesses to start especially if your aim of starting the business is to take the stress off people and make them happy.
You might claim that people prefer playing the games in their houses, and you might be right, but the truth remains that most people cannot afford to keep buying new editions of video games every time they are released; hence the need for video game lounges. Whether you like it or not, gamers would always come to a point where the games they have no longer look interesting to them, so the need to get a new one.
Event planning is all about helping organizations, groups and individuals plan and execute their events from start to finish. An event planner ensures that they work with the stipulated budget of the organization or individual and deliver a successful event.
In some cases, it is the responsibility of the event planner to draw up a budget for the organizer of the event. One good thing about event planning is that most often than not, events are done during weekends and if you are lucky not to be working during weekends, you can successfully run an event planning business part time. You really do not need any special skills or funding to start apart from your organisational skill.
- Party Planning Business Plan
Party planning is a traditional and profitable business globally. As a party planner, you will need to plan the venue, theme, catering, photography, entertainment etc of parties. In this business, you can address both social and corporate clients.
Additionally, you can offer services to a wide range of audience. Some of the events you can plan may include birthdays, wedding receptions, baby showers, and family reunions. You can equally decide to do this business on the side.
If you are endeared to the entertainment industry, one of your options when it comes to starting a business is to start a party bus business. You may need to acquire specific types of permits and licenses in order to operate a party bus business. You are expected to purchase insurance policy cover for your vehicles, business and employees, purchase a standard party bus, hire employees and then promote your business.
One good thing about a party bus business is that most often than not, your presence may not be needed as long as you have a competent team running the business for you. Besides, a good number of bus parties are done during weekends and if you are lucky to keep a 9 to 5 job that you only work Mondays to Fridays, you can successfully run a party bus business.
Karaoke is a form of interactive entertainment in which amateur singers can sing along with recorded music (or a music video) using a microphone and public address system. Businesses in this industry usually provide limited food and alcohol services as a means of increasing their revenue generation.
First of all, opening a karaoke bar demands a lot of space in a prime location. This type of business also demands substantial capital investment. Additionally, you will need to obtain different licenses and permissions from the authorities.
The growing spending power on the continent, its overwhelmingly young population and huge appetite for fun and partying makes the nightclub business an attractive prospect for entrepreneurs and investors. The nightclub is a large-scale business in the entertainment industry, and if you don’t have the financial backup, you may not be able to start this business.
However, it is one of the most profitable businesses that ensures a huge social reputation too. The business demands strategic planning and tremendous dedication to long-term success.
A wedding planner is just what it is, a person that plans weddings so that couples can rest and enjoy their big day. A wedding planning business may be right for you if you’re organized, driven, and creative. Plus, you’ll need to have people skills to deal with frazzled brides and some business know-how to manage your finances.
Luckily, starting a wedding planning business isn’t hugely expensive. As an independent consultant, can begin by planning at your kitchen table or local coffee shop. However, there are a few startup costs that cannot be overlooked or scrimped on. To excel in this field, you must be passionate about the business and like everything associated with weddings.
Beauty pageants have assumed another dimension from what it used to be. In this dispensation, you can rake in fortunes by organizing beauty pageants either in your local community, at a state level or at a national level depending on your budget and capacity.
One good thing about organizing beauty pageant is that, beyond giving exposure to young girls who have the dreams of becoming models, you stand the chance of making great profits and selling your brand to the international community. All you need to do to become successful in this line of business is your organizing skills, your ability to network, and your ability to raise partners.
People like camping especially during spring and summer; this goes to show that the campground business is a viable and profitable business venture that an aspiring entrepreneur can successfully launch in the United States of America.
It is important to state that the bulk of the job when it comes to starting a campground business lies in securing a facility that is large enough to contain the required facilities that will make your campground worth patronizing. Besides, building a campground can be expensive but you can be rest assured that you will make your money within a few years of launching the business especially if you have people patronizing your facility on a regular basis.
If you are sociable, and good with networking and organizing events, then you should consider starting a social club in your area. There are various areas of interest you can choose if you desire to start your own social club. You can choose to start a social club that gathers sport lovers or the fans of a football club, you can choose to start a one that accommodates rock music lovers, jazz lovers or reggae lovers etc. You can also start a social club that accommodates artists or even entrepreneurs.
Party rental business is one of the many entertainment related business ideas that can thrive just about anywhere as long as the people there have a knack for partying. The truth is that anyone who intends to organize a party would need to rent party supplies because people don’t usually go around piling up large quantities of plates, spoons, tents and other stuffs used in parties.
A party supply rental business requires reasonable startup capital, but it is a money spinning business if it is well located and if you are able to purchase large quantities of party supplies.
The lottery business is one where there are huge odds to get massive profits if planned right. Due to the massive profits that are made in this business, many entrepreneurs are making the decision of going into the business. However, some have failed in the business because there was no due diligence carried out before starting the business.
Even though there are huge profits to be made from this business, it is also a high risk business. One important aspect of this lottery business to note is the technology platform you intend to use. It must be a platform that is simple and secure for both employees and customers. You would need to carry out a thorough research on the best technology platforms available and choose the one that would be best for your business.
A strip club is a venue where strippers provide adult entertainment, predominantly in the form of striptease or other erotic or exotic dances. In the USA and other countries, the strip clubs are getting immense popularity day-by-day. Though the business is capital intensive, it is profitable too. Additionally, you must check the local rules and regulations before initiating a strip club business in your locality.
Gambling is good business, or at least a profitable one. According to the American Gaming Association, in 2012 the 464 commercial casinos in the U.S. served 76.1 million patrons and grossed $37.34 billion. Gambling is not just common, it’s also accepted.
Starting a casino business demands significant investment, accurate planning, and good business management. Gambling, including charitable and online gambling, are legal in most areas within the United States. However, you must check the local laws and regulations before initiating a casino business in your area.
An indoor playground which is also known as indoor play centers are playgrounds located in facility; shielded from direct impact of climatic conditions. These facilities are specifically designed for kids to play in, exercise and have fun. If you are looking to start a business that would do you a world of good, then you may want to consider starting an indoor playground business.
This is one lucrative business that sure can guarantee good returns on investment. However, you will be required to do some underground work too. It becomes therefore expedient that you garner the right information that will be useful to your business as you launch out.
If you are looking for a business to establish as an entertainer or a family oriented business person, then you should think towards building a complete family entertainment center. Opening a family entertainment center in an area with the right demographic composition; an area with loads of families but fewer open fields and recreational centers can be very lucrative.
The real deal in starting a family entertainment center business is securing a big facility that is large enough to contain a full sized soccer pitch including spectator’s stand, changing room, swimming pool, cinemas, bouncing castles, video game house, bowling alley, BBQ joint, ice cream shop and enough parking space.
If you are passionate about solving boredom problems among young adults and even older people, then you should think towards starting your own escape room business. Your aim of starting this business should be geared towards taking the stress off people, getting them to socialize and make them happy.
Since escape rooms came into the limelight, tons of unique and interesting games have been designed and more will still be designed. In case you don’t know, most escape rooms cum gaming centers start making profits within few months of establishment. This goes to show you how profitable the business can be.
Starting a video game store business is very easy especially if you have great passion for video games. Having passion for video games is very essential because you need to keep up with industry trends as regards new video games and be able to speak authoritatively about the products in your store.
If you are convinced that this is the kind of business you want to go into, then there are several factors which you will need to take into consideration before you can successfully start and run your video game business.
Talent management refers to the anticipation of required human capital for an organization and the planning to meet those needs. A talent managers work with writers, actors, singers, models, or other entertainers and they connect them with the right people who might need their services. This could be producers, production companies, photographers, night clubs and what have you.
If you know ways to make celebrities out of ordinary talented people, then one way to commercialize this gift is to start a talent management company. You do not need any special experience or education, though in some states, cities or locales, licensing is required. You are advised to check out local and state laws for requirements when beginning this business.
If you enjoy working with event and party planners, then consider learning how to start a bounce house rental business. Because just about every kid loves to bounce, they are so popular at birthday parties, corporate events and fundraisers.
Opening a bounce house in an area with the right demographic composition; an area with loads of children but fewer open fields and recreational centers can be very lucrative. The truth is that one of the easiest ways for parents to get their children active and happy during holidays or even at weekends is to take them to bounce houses. You can easily run this business part-time since events usually happen in the evenings and weekends.
Creating a business that targets children and adults is one sure way of making money especially if the business is laced with all that is required for them to have fun. The real deal in starting a water park business is securing a facility that is large enough to contain water play facilities and other outdoor games for children, and also a place where parents/guardians can hangout while their wards play.
It should be in a location that can attract the kind of clients that would pay to make use of your water park. It might take you months to get an ideal facility, so it is better you inform your real estate agent well in advance to help you with the search.
- Drive-In Movie Theater Business
Businesses in this industry let people watch movies on a large screen but the difference is that they watch it outside, while sitting in their cars. The movie screens are put up on a semi-private area and since many couples are still willing to pay, this can be a lucrative business. If you plan to start this business, you will need working capital and of course, a solid plan.
You will need to start by getting a good location because without it, you will find it hard to attract customers. Drive-in theatres are enjoying resurgence in the United States, but these theatre supplies and equipment aren’t exactly easy to find. Starting this business will cost a good deal, so you need position it in a location with the right demography and weather.
The advent of computer and the internet has made a lot of things easy to accomplish from the comfort of your home. Many can now shop online, book appointments online, open bank accounts online, and do a host of other things.
One innovation which a lot of folks have begun to cash in on recently is music streaming services (Spotify). If you fall amongst the folks described earlier who are passionate about making money online, then you just might want to consider starting your own music streaming service business.
An amusement park is a place that has lots of attractions for kids and adults, such as roller coasters, water rides, and all kinds of entertainment. When establishing an amusement park, you will need to have a large amount of area.
Additionally, you will need to invest a substantial amount of money in procuring and establishing the park infrastructure. However, the business is highly profitable and self-rewarding. Almost all amusement parks make money by charging an admission fee. You can make additional revenue from the sale of food and souvenirs.
There are several business opportunities that an aspiring entrepreneur who is still keeping a paid employment can run without leaving their jobs and one of such opportunities is starting a tent rental business. One good thing about the tent rental business is that your presence may not be needed as long as you have a competent team handling the business for you.
Besides, a good percentage of events such as wedding ceremonies, parties and most social events are done during weekends and if you are lucky not to be working during weekends, you can successfully start a tent rental business. The truth is that most of the basic skills needed to effectively run a tent rental business are some of the soft skills you are likely going to acquire in your work place.
Party rental business is one of the many business ideas that can possibly thrive all across the globe. The truth is that anyone who intends to organize a party would need to rent party supplies because it is not the norm for people to stock up large quantities of plates, spoons, tents and other stuffs used in parties.
A party supply rental business requires reasonable startup capital, but it is indeed a money spinning business if it is well located and if you are able to purchase large quantities of party supplies.
If you have flair for video games and the likes and you are looking for a business to establish, you should think towards starting a laser tag center business. Starting a laser tag business in an area that has loads of laser tag cum games lovers but fewer laser tag and video game centers can be very lucrative.
Laser tag is a global sport and people who love the game will always look for ways to play the game much more than watching people play it. The real deal in starting a laser tag arena whether outdoor or indoor is securing a big facility that would include spectators’ stand, changing room, and enough parking space.