this post was submitted on 27 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago
MODERATORS
 

Been in the photo booth industry for nearly 10 years and generate $400k annually (set to do over half a mil by 2024) in the wedding and events space. I don't feel like I am the expert by any means in business or entrepreneurship, but I've built a couple successful companies on a small scale, and have an MBA, so maybe I can contribute to your success. AMA!

you are viewing a single comment's thread
view the rest of the comments
[–] SomedayItWillWork@alien.top 1 points 1 year ago (1 children)

How many booths do you have? How many events this year? Did you have a big uptick in 2022 from all the weddings postponed from covid?

[–] maydaybutton@alien.top 1 points 1 year ago

abo 9 booths locally + contractors out of state, have 100 events will finish prob closer to 130 end of year. Yes, there was definitely an uptick in '22 from postponed COVID events. We could hardly keep up. Our growth YoY for the first time was 'stagnant' due to the post-covid rush, but we also did much less events this year and will finish with higher margins, so I'm not complaining.