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6 Compelling Reasons to Start a Photo Booth Business

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The photo booth is one of those recreational items that has earned an iconic status over the years. It has been seen in blockbuster movies and many of our favourite television shows too. In fact, the photo booth has kind of become shorthand for ‘hijinks with friends’ and ‘romantic trysts’ with new beaus. And, its appeal lies with the fact that, even though time spent in the booth itself may be fleeting, it leaves you with something special to take away.

You can keep your photo booth snaps as a memory of a happy time in your life, whether they are taken at a wedding, a family party, or a high school formal. This is something that all of us find appealing, in one way or another, because such permanence can be fleeting in our fast paced, digital world. For all of these reasons, setting up a photo booth business is a guaranteed way to earn cash and have fun at the same time.

Keep reading for more great reasons to think about establishing your first photo booth business.

1. Getting Started is Simple

Contrary to popular belief, this is one of the simplest business models around. You don’t need to invest in a whole lot of stock and because photo booths are portable, you won’t necessarily need a dedicated premises to operate out of either. The main thing that you need to do is buy a custom photo booth that is built in accordance with your needs.

2. Photo Booths Are Lots of Fun

The best way to make money as a photo booth vendor is to make your services available for hire to parties and celebratory events. So, you’ll get a chance to be around happy people, who are keen to have a good time. This is the kind of work atmosphere that few business owners get the chance to be around.

3. The Start Up Costs Are Low

It really doesn’t cost much to set up a photo booth business. In fact, most of the initial expense is invested in marketing and promotion. If you are on a tight budget, you can even thinking about leasing a booth until you’ve got the capital to buy one outright. As discussed, there are few early stock costs and you don’t need a dedicated premises.

4. You Get to Be Your Own Boss

For a lot of people, there is nothing better than the dream of owning an independent and self-sustaining company. It allows you to determine your own working hours and you don’t have to answer to a boss who doesn’t understand your needs. With a photo booth business, you are in charge and can decide the direction, theme, and objectives of the company.

5. It Could Be a Tax Benefit

In some cases, running a small business comes with certain tax perks. This is not assured and the only way to know for definite is to talk to an accountant, but it is certainly worth a little consideration. You must always be clear on your tax status before you make any decisions about when or how to pay.

6. Photo Booths Are Always Popular

The great thing about choosing a photo booth service for your first business is the fact that these items are timeless. Yes, they have a retro appeal, but it is a vibe that never goes out of fashion. Photo booths are iconic and always relevant, no matter what popular trends are saying. If you can work out how to appeal to the best market, you’ll always have a lucrative business model.

How to Capitalise on the Popularity of Photo Booths

The wonderful thing about photo booths is that they are almost an instant business all by themselves. To be a success, you do need marketing tools and an efficient form of transportation, but technically, the company is all in the booth itself. You could purchase one tomorrow and start making money right away; it really is that easy. So, if you want to get a business off the ground quickly, this could be the right choice for you.

Taking Proactive Steps To Avoid Commercial Plumbing Issues

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In any business, the best way to conserve your money and stay profitable is to be proactive in all areas of your business. Instead of reacting to situations and emergencies that arise, you need to take the initiative and think ahead about what possible problems may arise. Ensure that you have a solid plan in place to resolve these potential issue.

One area that is extremely important for your business is commercial plumbing. Commercial plumbers in Melbourne cover a wide scope of issues that could occur in the maintenance and day-to-day operation of your business. Some of these areas include:

● Drains and Sewerage- This area is extremely important for your company to maintain, so that you don’t have minor issues that turn into major problems from neglect. You also can’t afford downtime that may result from any major problem.

● Backflow Testing and Water Filters- This ensures that your employees as well as customers that may utilize your facilities are safe from water contamination. This needs to be constantly monitored to prevent any major problems that could result in loss of work time, which could result in loss of profits

● Gutters and Roofs- This is another area that needs to be maintained at all times, in order to avoid costly repairs.

In order to avoid potential issues in any of these three areas, it would be best to have some kind of maintenance program to monitor the condition of each of these. That is where a qualified commercial plumber comes in. They offer preventative maintenance programs on each of these areas. They will come to you and, after touring your facility, discuss what type of program you should have and the costs involved, based on your particular needs. They will outline a program that will monitor all your major plumbing systems, so that minor issues don’t become major repairs. Let’s face it, if you don’t fix the little things, you will be forced to fix the big things which will undoubtedly cut into your profit margin because of the cost of major repairs or replacement. Don’t forget the loss of profits, resulting from downtime.

Even if you have preventive maintenance programs in place, nothing can prepare you for natural disasters such as hurricanes or other acts of God. You also have to be prepared to deal with emergencies that may occur just by chance. Again, commercial plumbers can be of assistance. Ensure that you select a reputable commercial plumber who has ample experience in delivering the services required.

Ideally, you want to choose a commercial plumber that has been in operation for an extensive period of time. Ensure that they are members of the Master Plumbers Association and are legally licensed through the Plumbing Industry Commission. This ensures that they have received extensive training and possess the expertise to resolve your plumbing issues.

Commercial plumbing issues can have a drastic impact on your business. Preventive maintenance programs will go a long way to protect your profits from any major repairs that would be needed if plumbing issues were not properly maintained and monitored. Also, if an emergency does arise, you want to know that you have a 24-hour commercial plumber that is only a phone call away. You want them to take care of your problem immediately, with the least amount of downtime. After all, downtime eats into your business funds. If you have programs in place to prevent major plumbing problems, you will have done all that you can do to protect your business from spending too much of your hard earned profits on maintenance of your business.

Buddy, Can You Spare a Life Insurance Policy?

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Anything at all would really help; maybe a little Hartford? MetLife? or Deloitte? Bless you, kind sir.

Dennis Grayson

Not Enough Life Insurance Agents

We recently reported that the number of agents selling life insurance products is dwindling at an alarming rate. At least some are alarmed by it, most notably those captains in the insurance industry who are certain that American’s don’t have enough life insurance and should have more. (Not Enough Life Insurance Agents?)

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Now comes corroborating news that “the prime reason many uninsured individuals don’t have insurance coverage is that no carrier has invited them to purchase their products.” That’s according to a new survey published by Deloitte, LLC, or the subsidiary of Deloitte that is big on insurance and that sort of thing, at any rate. “Even insured individuals who are open to buying additional coverage often say that they have not been solicited by carriers.”*

I would humbly suggest, at the outset of this discussion, that the real reason many uninsured individuals don’t have life insurance coverage is because they simply don’t want it or feel the need for it. As a consequence, they don’t feel even slightly compelled to buy it.

Deloitte study on consumer insurance

The title of the Deloitte study, “The Voice of the Life Insurance Consumer,” is a little troubling in that while consumers may have indeed lent their voices to Deloitte, the company and other captains in the industry may have either been a little tone deaf, or perhaps they only heard what they wanted to hear.

The survey was conducted to provide life insurers with insights into how people perceived the value of life insurance, including where coverage ranked among their other financial priorities, as well how consumers preferred to be reached.

“From our survey it is clear that life insurance is very much on the minds of many consumers,” said Rebecca C. Amoroso, Vice Chairman and U.S. Insurance Leader for Deloitte LLP. (Deloitte was of course the survey’s executive sponsor.)

While there is little data in their study which might actually suggest this, I support Ms. Amoroso’s natural inclination to protect the industry, and her six figured income (I’m only guessing). I would be inclined to replace the word ‘many’ with the word ‘some’.

Guest post by Nicholas for Structured Settlement of www.sellingyourstructuredsettlement.com