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In this project I will be explaining what you have to do and buy to start up a portable disco company.

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Introduction

Introduction: In this project I will be explaining what you have to do and buy to start up a portable disco company. I will start of doing research about what people want from a disco and how much they want to pay I will also need to decide what age grope I will be aiming to get business from. I will then look at the results and look to see that if the public are asking for some thing that I can offer while still being a portable disco. After working out what I need to do I will need to find out what equipment is needed to run a portable disco of a quality standard. Once I know what I need and how much it will cost for it all I will need to find a way to raise the money that is needed for the equipment. After obtaining all the equipment that I need I will need to start to advertise my services as a portable disco, I will need to do another piece of research to find out where is the best place to advertise for the target age groupers. Aims: I aim to explain how I set up a profitable portable disco company. I also aim to provide a professional and well executed serves. Back ground: Portable discos have been around for a long time they really hit their prime in the 70's where discos really became popular. ...read more.

Middle

I distributed the question air to people of different age groups so that I will get information on all age groups. I did this by asking family and friends to fill in a questionnaire and then send back to me they have all also agreed to fill in another questionnaire if I need to do some further research. To stat up the portable disco I need a lot of expensive equipment that I can either buy brand new from a shop or I could buy second hand equipment of off other portable discos Below in the table is a list of what I need and how much it will cost first hand and how much it will cost second hand. I will also need to supply money for me to get some training from another portable disco company or from a dj school. I will also need to raise a large amount of money this will be mainly done trough a loan that I will need to obtain from a bank it will not all be paid for by the bank loan as I have a large amount of money saved away to help me to start up the portable disco company. To get enough business to make a profit I will need to advertise form research I have seen that the main portable disco companies advertise in either local papers or/and in yellow pages. ...read more.

Conclusion

new equipment as in the long run it would save money as old equipment is more likely to break and disco equipment is very expensive to get repaired. The total cost to start up the enterprise will be the cost of all the equipment added to the cost of training then the total of that added to the other expenses such as advertising and licences. All of the expenses are shown bellows in a spread sheet that I prepared in excel to see how much money I need to spend and what I need to spend it on. Equipment that is needed First hand price 2nd hand price Training Source Available Funds Dual cd player �450.00 �300.00 �500.00 Savings �5,000.00 Mixer �150.00 �75.00 Loan �6,000.00 Amplifier �250.00 �150.00 Speakers �300.00 �175.00 Surpluses money �1,480.00 Speaker stands �60.00 �40.00 light stand �50.00 �30.00 Smoke machine �200.00 �100.00 Budget = �11,000.00 Cables �100.00 Not applicable Lights �600.00 �400.00 Van for transport �7,500.00 �6,000.00 Flight cases �300.00 �200.00 Cd's �1,000.00 �500.00 Sub total �10,960.00 �7,970.00 Amount Saved By purchasing 2nd equipment �2,990.00 Advertisement �150.00 �150.00 Licenses �600.00 �600.00 Insurance �300.00 �300.00 Sub Total �1,050.00 �1,050.00 Total �12,010.00 �9,020.00 Source Available Funds Savings �5,000.00 Loan �6,000.00 Surpluses money �1,480.00 Budget = �11,000.00 The table show that I have intended to apply for a loan to cover expenses the loan that I am going to apply for is to the total of �6,000 I am going to apply for this loan from Barclays bank ...read more.

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