Think back to the last party you went to. Was there a photobooth there? Chances are, there was - because in the past few years these little booths have been popping up everywhere, to the point where they’re almost ubiquitous at parties. This is happening for a good reason – they’re a lot of fun. I recently decided to invest in a photo booth business after doing some research, and figuring out that it was a really viable way to make an income, and I’m so glad I did. It’s been a truly rewarding shift, and now I get to spend a lot more time with my young family (as well as getting to choose my own hours). I want to share with you some reasons why investing in a Photosnap photo booth is a great thing to do for anyone looking to start their own business and to work for themselves.
Number One - It’s easier than you think
The great thing about running a photobooth is that it’s actually one of the simplest business models to operate. All you need is the capital to invest in the business (and then of course you need to market your business) - but the point is, you don’t need a lot of stock, and there aren’t a lot of overheads like staff to consider. When you compare owning a photo booth to something like a lawn mowing business, or to opening a cafe, it’s really very simple.
Number Two - It’s a lot of fun
When you run a photo booth, you’re going to parties and photographing people at their most merry and exuberant. People love to play around in photo booths and you can experience this joy with people as well. And this is your job. Not to mention the fact that you can source things like props and fun accessories to use in the photo booth - which taps into your creative side.
Number Three - You get to use your ingenuity
Part of owning any business is creating a point of difference that sets you apart from the crowd. A photo booth is no different, and you get to draw on your experience and creativity to make your business as unique as possible. Props, marketing and the kind of events you target are all going to rely on how creative and out there you can be, and your success is directly related to how hard you work.
Number Four - Your initial investment isn’t going to be too high
You can buy a photo booth business for a relatively small investment - and when you buy from a company like Photosnap, you can even lease your booth which means that you can spend less initially and pay it off over time, while making money as you do.
Number Five - You have the freedom of running your own business
This is a huge part of why I chose to buy a photo booth and start my own business. As I said before, I have a young family, and I was finding that as a real estate agent, I was spending less and less time at home as I struggled to get through my workload every week. It wasn’t ideal, so after crunching the numbers with my partner, we decided that it was the best option.
Number Six - It’s a potential tax break
A great part about running a small business is that there are certain tax benefits that can come from it. Make sure you speak to your accountant about how you can potentially benefit from owning a photo booth and see whether you can make it work for you!
Number Seven - You’re your own boss
That means that if you want a day off - you take one. No more asking for permission to go away for a week - you just book the time out in your schedule and you do it. What a great benefit.
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