At the outset of our photo booth business venture, we meticulously budgeted and planned for various expenses to ensure a smooth launch and provide high-quality services to our clients. Below is a comprehensive breakdown of our initial investment costs:

1、Equipment Investment

We procured a 360 photo booth capable of accommodating four individuals and invested in an additional iPad photo booth. Furthermore, we acquired a Go Pro camera to capture every precious moment. The total cost for these equipment purchases amounted to $2700, with payment structured in installments to alleviate initial financial strain.

2、Prop Preparation

To create an enjoyable photo-shooting atmosphere for our clients, we purchased various personalized props including glow sticks, ribbons, and signage, totaling $130.

3、Printing and Design

Our photo booth supplier provided complimentary logo design and printing services. Additionally, we customized business cards and T-shirts featuring our contact information, incurring a total expense of $49.

4、Backdrop Curtain Selection

Opting for cost-effective backdrop curtains, we selected three fabric colors based on common event themes, totaling $80.

5、Software Subscription

To deliver superior photo and video editing capabilities, we subscribed to Touchpix's annual package, costing $1000.

6、Insurance Costs

In anticipation of potential contingencies, we allocated $600 towards purchasing insurance to meet client event booking requirements.

7、Enhancing Event Ambiance

To elevate the event atmosphere, we invested $160 in purchasing a smoke machine and Bluetooth speakers.

8、Customer Safety Consideration

To prevent inadvertent harm to guests during operation, we acquired crowd control stanchions for $120.

9、Providing Optimal Shooting Environment

To assist guests in capturing beautiful photos and videos, we allocated $90 towards purchasing LED lights for better shooting illumination.

10、Offering Comfortable Experience

We purchased plastic folding tables and tablecloths to provide a comfortable shooting environment for clients to place props, amounting to $75.

11、Transportation Costs

Transportation expenses for each event typically range from $10 to $50 to ensure timely arrival and safe return.

12、Equipment Transport Aid

For the convenient transportation of the 360 photo booth, we invested $89 in a furniture dolly.

13、Social Media Promotion

We employed various methods for social media promotion, leveraging event sponsorships and captivating content creation to acquire a significant clientele at almost zero cost.

The above constitutes a detailed breakdown of our initial investment costs, totaling $5143. These investments lay a solid foundation for our business and ensure the delivery of optimal services to our clientele.

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