Most of the great entertainment complexes are movie theatres which can procreate big money. Movie theatres are central hub of towns and cities. Opening a movie theatre can be a profitable source of income provided it should be carried out properly. Even though starting a movie theatre is difficult it gives a gratifying experience. It is a standard business for persons who are film fanatic. You can either open a franchise movie theatre or an already established movie theatre company. There are many rules and regulations of what can and cannot be done with their franchise. You must go through these rules and regulations well before you open a movie theatre. On the other hand if you have peculiar idea and specific vision for a theatre you can run your own theatre. Most of the independent theatres are successful because they provide an alternative mainstream multiplex. If your choice is to own a independent theatre then you have decide the theme for your theatre i.e. decide what type of film you are going to feature in your theatre. You can also approach experienced clients who give accurate and detailed information which will enable to ensure success in your venture. Cinema theatres are classified into three categories according to types of movies they feature. They are First-run theatres, Second-run theatres and finally Art house or repertory theatres.
Here are some of the instructions are to be followed to start a new movie theatre business:
- The most important part of your enterprise is to write a business plan. Then you have to establish the money needed to begin the business and the plan to run the theatre.
- Investigate about the construction and business loans if you are going to finance the project yourself. Pitch your business plan to potential investors to secure the funding.
- Then decide the location or place to execute your plan of constructing a new movie theatre. Most of theatres are built from ground up due to technical and spatial requirements.
- Next thing is that you have to decide how you are going to project the films; standard film reels or digitally. Also decide on the sound i.e. how you want your films to be heard.
- Speak with distribution managers and explain them that you are a new vendor and you would like to purchase a distribution license for their films. The manager will guide you through the process.
- In order to make people choose your theatre for Friday nights, you need to attract people with new themes and tones which make you to stand out different.