Billboards in areas with higher traffic are in greater demand than those with less visibility. The amount you can charge customers depends on a number of factors, including the location and type of billboard. Prices can range from $5,000 to $200,000 or more, depending upon the location, the degree of visibility, and the amount of traffic it receives. Many also make money by selling their leases and permits to competitors for a profit. How does a billboard advertising company make money?Ī billboard advertising business makes money by selling outdoor advertising space on billboards, benches, or vehicles. Clients may also be landowners seeking to make a profit by allowing advertising displays on their property by leasing a portion of it to your company. Transportation to potential sites and meetings with business associatesĬustomers are business owners who want to increase public awareness of their goods, services, and locations.Construction costs for the erection of new billboards.Electricity costs for billboard lighting and electronic billboards.Ongoing expenses for this type of business include: What are the ongoing expenses for a billboard advertising company? A vehicle is also necessary for traveling to and from sites to gather measurements and perform regular maintenance. You’ll need to purchase zoning maps and a measuring device designed to measure long distances. To find out the requirements of your city, you can inquire at city hall. In some states and cities, a license is required, the average cost of which is approximately $200 per year. The cost of constructing a billboard can range from $26,000 to $300,000, which often requires financing from banks or, more often, an outdoor leasing company. It's very important to secure your domain name before someone else does.įind a Domain Now Submit Powered by What are the costs involved in opening a billboard advertising company? When registering a business name, we recommend researching your business name by checking: If you operate a sole proprietorship, you might want to operate under a business name other than your own name. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Billboard Advertising Company Name Generator What will you name your business?Ĭhoosing the right name is important and challenging. Luckily we have done a lot of this research for you.
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