Bureau of Labor Statistics, the event planner profession is expected to grow 10% from now to 2024 - a faster rate than the average growth rate for all occupations. Here are a few reasons why we started a photo booth business:ġ. The newer style of Open-Air Photo Booths are on the up-rise of popularity at events.ģ. Easy to differentiate from competitors.ĥ. The urgency for clients to secure the event date.Ħ. Good model to scale and repeat for growth.ħ. The equipment is compact enough to store in someones house and portable enough to transport in a normal size car.Ĩ. The learning curve for training and hiring attendants is cheap and easy.ĩ. All bookings take place over the phone or through email.ġ0. Renting isn’t just for weekday evenings.ġ1. Upfront costs to enter are minimal in comparison to other businesses.ġ2. You can quickly recoup your investment after several events.ġ3. People are obsessed with selfies and social media.ġ4. Corporate accounts provide recurring work and repeat business.ġ5. What types of events will rent a photo booth? Good business model to scale up and sell.ġ6. Like I was saying before photo booths are not just for weddings. Weddings always seem to be the easiest client for us to get because we’re in the wedding industry. However, there are so many other opportunities where people could hire you.
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