Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Karaoke singing has become wildly popular in the past decade and toback this statement up, look no further than your own community. I’msure there’s a local karaoke club or karaoke singing night at a bar orclub. The requirements for starting a karaoke DJ service are basic: Youneed karaoke equipment, a good music selection, and reliabletransportation. Of course a fairly decent singing voice and a dynamicpersonality isn’t going to hurt business either. You can market yourservice to event and wedding planners as well as to local nightclubs,restaurants and pubs that may entertain the idea of a weekly karaokesinging event or contest.
Your main customers are the venues that will host your karaokeservices. This can include bars, restaurants and clubs. Don’t forgetless-visible lounges like those in bowling alleys, hotels andrestaurants. You can also market your service to planners of eventslike corporate meetings, holiday parties, weddings and birthdays. Yoursecondary customers are the karaoke singers; you’ve got to provide agreat selection of songs and good service to keep them coming back weekafter week. Usually, tips will also be part of your business income soit pays to be friendly, fun and helpful.
You need a professional-level karaoke system, which may include akaraoke machine, microphones and speakers. (The last item is a must ifyou’re marketing to venues that don’t have speakers you can plug into.)You will also need monitors so that participants can read the lyrics, avery large catalog of CD-Gs (karaoke discs that include the graphicsthat appear on monitors), and a way for people to look through thesongs–alphabetic lists by artist and song title in three-ring bindersusually do the trick.