5 Tips for Starting Your Own Event Venue
Are you interested in starting your own event venue but don't know where to begin? Look no further than the insights shared by Inga Anderson, owner of Epic Event Gallery in Cincinnati Ohio, on a recent episode of the Venue RX podcast. Here are 5 tips that we learned from her experience:
Persistence is key: Inga was turned down five times before finding a landlord who believed in her vision. Don't let rejection discourage you - keep pushing forward.
Do your research: Spend time educating yourself by reading books, watching podcasts, and learning from other venue owners. This will help prepare you for the challenges that come with starting your own business.
Choose your contractors wisely: Be cautious when hiring contractors and thoroughly research their names before giving them a lot of money. Check their history on government and court websites, and ask for references.
Market your venue effectively: Use social media handles, focus on SEO, and promote your venue on platforms like Facebook, Instagram, and Zola. Consider learning about Google Ads to improve your marketing strategy.
Price based on market demand: Research other venues in your area and set your prices based on the average. Adjust your pricing and hours based on market demand, and don't be afraid to raise your prices if you know people are willing to pay for it.
Starting your own event venue can be a challenging but rewarding experience. By following these tips and learning from Inga's experience, you can take the first steps towards achieving your dream.
