Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$151

$352

Website Costs

$223

$7,215

Business Formation Fees

$5,600

$20,400

Equipment & Supply Expenses

$66

$700

Retail Business Expenses

$1,250

$6,650

Software Expenses

$162

$3,094

Advertising & Marketing Costs

$75

$5,036

Specific Industry Expenses

$0

$300

Total Startup Costs

$7,527

$50,747

Museum Hack

museumhack.com

90,880

Visit Kennedy Space Center Visitor Complex at Cape Canaveral

kennedyspacecenter.com

146,560

Museum of the City of New York

mcny.org

223,967

Arizona Capitol Times

azcapitoltimes.com

242,925

MSU Texas

msutexas.edu

295,908

Wisconsin Historical Society

wisconsinhistory.org

315,388

The Mob Museum

themobmuseum.org

323,695

Country Hall of Fame

countrymusichalloffame.org

340,222

The Children's Museum

childrensmuseum.org

344,580

Graceland

graceland.com

360,028

Science Museum of Minnesota

smm.org

365,621

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Gain exposure and experience

This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you!

Unlimited income potential

With starting a museum tours business there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.

Location is everything!

When operating a physical storefront, the location often speaks for itself and serves as it's very own marketing tool! It's important to choose a location in a high traffic area so you can spark curiosity and get people through your door!

Face to face interaction

If you are the type of individual that thrives on human interaction, then this is the business for you! With a museum tours business, you will be hands-on with customers and or employees every day.

Simple business model

A museum tours business has the advantage of a simple business model, which makes launching and building the business more seamless.

High employee turnover

In the museum tours business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Work can be repetitive

You may find creating the same product over and over repetitive and tiresome. One way of avoiding this is to diversify product lines and revenue streams - this will keep things interesting!

Time commitment

With starting a museum tours business, all responsibilities and decisions are in your hands. Although this is not necessarily a negative thing, work life can take over at times. This can place a strain on friends and family and add to the pressure of launching a new business.

You might struggle financially (at first)!

If you bootstrap your business or choose not to pay yourself (or pay yourself less than you were making at your corporate job), this can be financially taxing. It's important to adjust your lifestyle and set a plan for yourself so you don't find yourself in a stressful situation.

More of a challenge to run your business from home!

Running your business from the comfort of your own home is a big appeal for many entrepreneurs. With a museum tours business, you are more likely to run your business out of your office or storefront space.

Work is not always glamorous

With starting a museum tours business, you may need to get your hands a little dirty. Although it may seem glamorous from the outside to start this business, the work can require a lot of physical activity and repetition.