Hi Talha22,
sorry for the late reply, it is not the cost of starting this business that is a worry, but truly it is to get the necessary permission from ICT for a frequency and the pull you have there.
For startup , all you need is around Qr 200,000, take up a franchise with the leading Private FM around the globe and earn on the advertising cost Break down of cost
USD 20,000 for a broadcast equipment and installation (you can buy cheaper at ebay)
USD 10,000 for a server and internet link for startup
USD 10,000 for billboard advertisment
USD 10,000 for rent and transport cost.
USD 5000 for clearance and logistics
Now as it gains popularity , you can hire RJs that cater to the listeners that happens as business mature.
With this investment you are tageting atleast 600,000 listeners.
a very average business would happily part away with Qr 10,000\- per month to get its product or services broadcasted to a minimum 300,000 audience, so all you need is 10 customers to break even in the first month alone, if you orient the business well your ROI shold be QR million within six months then you go for expansion
Hi Talha22,
sorry for the late reply, it is not the cost of starting this business that is a worry, but truly it is to get the necessary permission from ICT for a frequency and the pull you have there.
For startup , all you need is around Qr 200,000, take up a franchise with the leading Private FM around the globe and earn on the advertising cost Break down of cost
USD 20,000 for a broadcast equipment and installation (you can buy cheaper at ebay)
USD 10,000 for a server and internet link for startup
USD 10,000 for billboard advertisment
USD 10,000 for rent and transport cost.
USD 5000 for clearance and logistics
Now as it gains popularity , you can hire RJs that cater to the listeners that happens as business mature.
With this investment you are tageting atleast 600,000 listeners.
a very average business would happily part away with Qr 10,000\- per month to get its product or services broadcasted to a minimum 300,000 audience, so all you need is 10 customers to break even in the first month alone, if you orient the business well your ROI shold be QR million within six months then you go for expansion