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About Startup CostsThe 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.With countless sports fans attending games every year, sports complexes are ideal targets for an advertising business. Business OverviewA very successful advertising business can be built by securing contracts with privately and publicly owned sports complexes to manage and operate their advertising programs. Most sports complexes like arenas, recreation centers and baseball fields feature some form of interior or exterior advertising space that is rented by local companies to promote their products or services. Generally the owners or operators of the sports complex do not market the advertising spaces for rent. This task is left to an outside contractor who has successfully bid in a tender process for the right to market and manage the advertising program. Be forewarned this is a very competitive segment of the advertising industry that will require careful research and planning prior to establishing a business that specializes in this type of advertising sales. However, with that said, the profit potential is outstanding for the determined entrepreneurs who are awarded these types of contracts.The MarketBoth the sports complex owner/operators and the local businesses you will be selling ad space toNeeded EquipmentProfessionalism is essential in the advertising world, so you will need top-notch marketing materials, a computer and professional telephone equipment and voice mail.Related Business IdeasRelated FranchisesAdventures in AdvertisingPromotional products & advertising specialties AllOver Media Indoor print, gas pump & electric LCD advertising Magnetsigns Advertising Inc. Permanent & portable sign rentals
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