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.
Business At A Glance
Virtual Tours
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes
Virtual tours can make a hotel or for-sale home much more appealing. Give customers an edge by designing these tours for them.
Business Overview
Producing virtual tours for clients who are seeking the ultimate marketing tool for their websites is not only an incredible business opportunity, but the business also has the potential to generate profits far in excess of $100,000 per year. Virtual tours can range from a hotel that gives potential guests a tour of their facility, accommodations and amenities via their website to real estate brokers that broadcast house tours of properties they have listed for sale and posted on their websites. To get started, you'll need specialized software, a computer and a digital camcorder, not to mention production and editing skills to produce the finished product. Marketing the service can be as easy as creating a few sample virtual tours and posting the tours on your own website for potential clients to view, as well as hiring a direct sales force to solicit business.
Related Articles
How to Start an e-Business
Is starting a new Internet business a bad idea? Not if you start smart and learn from others' mistakes. We'll tell you how.