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Tour Guide

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Tour Guide

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.

About

Franchises Available? No
Online Operation? No

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Business Overview

Do you live in a tourist area, and do you know that area well? If so, why not consider starting a business as a personal tour guide. This type of enterprise can be managed from a home office, started for less than $1,000, and has the potential to produce an income that can easily exceed $50,000 per year. The key to success in becoming a personal tour guide is to promote your service aggressively, build contacts with companies and individuals that can help you succeed, and to provide clients with the best time of their vacation. Currently, tour guides are charging clients around $125 for half-day tours, and as much as $200 for full-day tours, plus the cost to provide transportation and tickets to events or local attractions. Companies and individuals to build alliances with, in terms of generating referrals, are limousine companies, hotels and hotel employees, business event planners, and travel agents.