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Be the first to have a Costume rentals business in your town. Act now and make plenty of money out of it. Appealing and captivating clothes and masks are highly demanded during different celebrations such as Halloween and Christmas. It is a realistic and easy business idea that will make your dreams come true.
THE BUSINESS IDEA
If you are zealous and imaginative about the entertainment industry then the Costume rental business idea is perfect for you. This business usually provides different costumes, masks and other equipment for different events, fiestas, holidays and theater performances. A smart marketing plan will help you to reduce loss and increase profit margin.
Proper marketing strategies are essential if you want a successful costume rental business. You can distribute your products to schools, colleges, theaters, organizations, charity groups, carnevals, faschings and fasnacht celebrations (Germany/Switzerland), to different diaspora events and within your own community.
There is always an occasion to celebrate :)
Most customers will shop once a year more specifically on Halloween. However, colleges, universities, churches and music bands require costume throughout the year. A positive reputation with these target groups will help your costume rental business grow faster.
- Physical Store: You can establish physical stores in different malls and shopping centers.
- Online Sales: You can rent and sell costumes online. Suitable as home business or part-time idea during COVID-19 pandemic.
- Stands: You can organize stands at popular spots especially during Halloween season and Christmas.
- Mobile Shops: You can organize mobile shops in universities and colleges right before Halloween and Christmas.
The startup cost for costume rental business idea will be low to medium i.e. $30,000-100,000. You can decrease your startup costs if you choose to initially operate your business from home.
THE KEY BENEFITS OF THIS PROJECT
- Costume rental business idea offers fun and flexibility.
- It can be operated part-time. Moreover, you can use social media to expand and promote your business.
- Products are of low cost and non-perishable. Revenue is mostly generated by rental items.
- Very big market potential with smart marketing strategy.
- Low startup investment with high-profit potential.
Service 1 | Pre-Studies
Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:
Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability.
Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option.
Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc.
Service 2 | Business Planning
Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators.
Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).
Service 3 | Weekly Coaching
A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.
- Option 1: Try-Out Session
- Option 2: 2-Weeks Package
- Option 3: 4-Weeks Package
This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together.