Business Idea: This business concept is accessible to individuals of all ages, from young people to seniors, and includes both newly hired and retired employees. There is a growing demand for this service in every city, which is expected to rise significantly in the coming years. With an initial investment of just ₹500,000, one can potentially earn ₹100,000 per month.
As the capital grows over time, so too will the income. Notably, this venture requires minimal effort, allowing ample time for your job, family, studies, or other business pursuits. Your smartphone has evolved beyond merely taking selfies or serving as a platform for YouTube channels. It is now capable of producing web series and films. A film created using a smartphone camera was recently showcased at a film festival and received considerable acclaim.
The technique of filmmaking using smartphones is referred to as Mobile Cinematography, marking the beginning of a new era in this field. While there is no shortage of aspiring artists and directors in your city, many lack the necessary equipment for mobile cinematography. Equipment rental is also common for larger film and web series productions. Thus, you can establish a Mobile Cinematography Equipment Rental business.
This venture is particularly suitable for college students and those preparing for competitive exams, as it will not interfere with their studies. Most actors and directors originate from colleges and universities, which means you will not need to engage in extensive marketing to attract customers.
Approx profit margin
The highest investment needed to acquire top-quality equipment amounts to Rs 5 lakh, which also covers furniture necessary for the protection of the equipment. All equipment is available for rent, with the rental fee applicable to the complete set of mobile cinematography gear. In competitive scenarios, rental prices tend to be elevated; however, during periods of low competition, if the mobile cinematography equipment is rented out for just 20 days each month, a minimum income of Rs 1 lakh can be generated monthly.