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Should You Lease or Purchase Your Holiday Light Show?
If you’ve downloaded our Business Plan for Holiday Light Shows template, you’ve likely noticed that your highest expense would be for purchasing the display. While costs vary, we’ve plugged a placeholder into our template for $660,000, the approximate cost of purchasing an average commercial display. For some, the purchasing cost is a formidable figure. As an alternative to purchasing, many companies today are opting to lease their displays. Should you lease or purchase your holiday light show? Here’s how to decide. Because of the high costs of owning and operating displays, many organizations opt to lease. Leasing offers advantages that owning does not, including lower monthly payments typically spread over…
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The Ultimate Guide to Building a Holiday Light Show Business Plan
Holiday Light Shows are big business. But if you want yours to be a successful enterprise, you’ll need a holiday light show business plan. Keep reading to learn how to build one. Commercial light shows not only offer Covid-conscious holiday options, they also provide substantial upside potential for the organizations hosting them. Each event is unique, but here are several key benefits commercial light shows offer: Attracting new customers. For attractions that are already open for the season, a commercial lightshow gives customers a new reason to visit for the first time, or to return during the off season. Increasing social media presence. Holiday light shows provide perfect photo opportunities…