Top 10 Entertainment Business Ideas for 2013

If you are looking for feasible business ideas, our top 10 entertainment business ideas for 2013 might be what you are looking for. The entertainment industry is booming and it perfectly coincides with the advent of social media management and social network marketing. The internet now makes up the most crucial part of succeeding in the entertainment industry – reaching the audience. Whether you are targeting show business, backstage services or technical services, you will not run out of choices.

Not all exciting business concepts can be considered good. Check out this top 10 entertainment business ideas for 2013 that are guaranteed lucrative and promising.

1. Recording Studio

Recording studio goes straight to the upper tier of our top 10 entertainment business ideas for 2013 because of its demand and wide market. Undoubtedly a niche business, recording studios saw how the demands went up three-folds in the last three to five years alone. Social media and video sharing sites have certainly stirred the inner composers and singers in millions of people around the globe, and you can have a share of that.

Although expensive, with all the equipment and construction of the studio needed, the Return-on-Investment (ROI) is high, thanks to the surging demands and high price range of the services. For $10,000-50,000, you can have all the equipment you need, down to the high-tech mixers for advanced sound editing and music mixing services.

2. Sound Engineering Services

Sound engineers land on second place in our top 10 entertainment business ideas not only because of high demand but because of the convenience of the work and simple requirements the profession entails. This is a knowledge-based business and this should not be hard for the adept ones. Just a couple of software, device, and knowledge in operation honed by practice, and you are all set.

3. Events and Social Media Management

Think of it as the modern PR management. Almost everyone – from politician to community leader – needs good social media reputation. And since this is surprisingly not easy for many people to have, you will surely have clients lined in front of you in no time.

4. Video Editing Services

Also mainly attributed to the social media craze, video editing services transitioned their market from professional clients to the amateur ones. Just look at YouTube and see how many people are willing to pay for smooth video editing that only professional editors can offer. Video editing is a worthy slot in our top 10 entertainment business ideas for 2013 because of its very timely demand.

5. Online Entertainment Portals

Think of it as the front-end of website management, specifically referring to websites dedicated to entertainment, such as blogs and video-audio sharing sites. Web administrators and back-end specialists (who are in-charge of the technical works) often take care of this part as well. Unfortunately, the creative side is often left out. Specializing in creative services and web administration will give you the edge in conquering this business.

6. Music and Dining Clubs

Food as usual is a good business. With a touch of music and club theme, it won’t be long before you gain patrons and start raking in bucks after bucks. The entertainment attraction makes it suitable for our top 10 entertainment business ideas for 2013 and not just the food alone.

7. Dance Studios

Many dance studios earn just enough to keep them afloat in the entertainment industry. However, adding some flair of showmanship will make the difference and will spell your success. Hire good choreographers who are knowledgeable on new dance styles and are innovative enough for your studio to produce professional dancers. Dancers nowadays also use effects like lights, lasers and chroma presentations, so you may want to invest on them as well.

8. Corporate Meeting Planning

This is a more specialized type of event planning that caters only to specific clients and events. Corporate events nowadays are more flamboyant and tend to center on one thing – entertainment! Think of Lady Gaga throwing a party for Polaroid (where she is a creative director). Most likely, that’s the target you are aiming at.

9. Advertising Clipping Service

Old advertising clipping agencies are merely advertisement clippers that focus on monitoring the competition. However, the modern counterpart made it to our top 10 entertainment business ideas for 2013. Things have changed. Clipping services now specialize in media research and information monitoring. If you know how to monitor ads of competing products and know how to strategically advise and analyze, you will surely succeed in this venture.

10. Advertising Agency

Ad agencies are no longer limited to print, radio and TV. Internet has virtually unlimited capacity for ads, whether legitimate or spam. So if you have an overactive brain, this business is for you. If you have knack for hitting what’s entertaining and what’s full of “recall power”, you may want to start your own ad agency. You can even make it big time and be an internet superstar.