you should consider Starting a video game business for public entertainment if you like to entertain and amuse people. You can make your cash registers roar by providing loads of interactive games, computer games, video games and all kinds of electronic entertainment.

This is a family fun and entertainment business. Youngsters and young adults just want to kick back and get their adrenaline pumping and the arcades are just the vibe. If you are looking for self-employment options that will allow you to earn a stable and profitable income, then you should consider the arcade business. Before starting an arcade business, you should check your local zoning laws.

Estimated start-up costs:

$10,000 to $50,000.

Sources of financing to start an arcade business:

Bank and credit union loans

angel investors

Business plan required when applying for loans

Marketing methods and tips:

Remember that you are competing against home versions of all of these games. For that reason, you need to do something to attract them to your Arcade instead of staying at home to play. Think of a catchy name for your arcade business. One way to attract customers is to offer exciting, fabulous and unique prizes for winning particular games!

Advertising:

Place ads in local newspapers.

Advertising in the yellow pages

local radio stations

Distribute flyers at local clubs, supermarkets, etc.

internet website

Essential equipment:

Vending machines for food, sweets and soft drinks

Coin or token exchange machines

Tables and chairs

Arcade games of all kinds and variety

Recommended Training, Experience or Required Skills:

You do not require any kind of formal or professional training to start an arcade business. Some technical knowledge of game repair and maintenance would be helpful. However, you can outsource repairs and maintenance. Basic business skills would be helpful, but you can learn from books or business plans you can buy.

Income Potential:

Income potential depends on a good location. If you locate the arcade correctly, you can earn over $100,000 a year. Without a suitable location, you will probably have little chance of success.

Target market:

The main target markets for your electronic gaming business are children, teenagers, and young adults.

Success Tips:

The biggest success tip for any arcade business enthusiast would be to promote your arcade in a big way. You have to employ smart business and marketing techniques to attract customers. After that, word of mouth will work better.

You have to create the perfect environment that will help the youngsters and their parents to have fun and relax! Update your arcade decor from time to time, including the latest games and exciting prizes!