Been in the photo booth industry for nearly 10 years and generate $400k annually (set to do over half a mil by 2024) in the wedding and events space. I don’t feel like I am the expert by any means in business or entrepreneurship, but I’ve built a couple successful companies on a small scale, and have an MBA, so maybe I can contribute to your success. AMA!

  • Light_Dark_Choose@alien.topBEnglish
    1·
    1 year ago
    1. Do you see your revenues declining in the future as the marriage rate also declines?
    2. What licenses do you need for your business?
    3. How much was insurance?
    • maydaybutton@alien.topOPBEnglish
      1·
      1 year ago
      1. No because majority comes from corporate now. And the marriage rate thing is interesting, because while it’s declining, wedding trends are changing and resulting in more spent on memorable stuff, not the generic ‘must haves’ Experiential basically, which we are.
      2. Depends, check with your state. We dont even need a business license in AZ to operate, other than a tax license (taxes are required on all services, most everywhere nowadays).
      3. Depends. I think we pay around $1500-2k now a year for our GL and other policies.