1. Conduct Market Research: Analyze the existing market and assess the need for another talent agency in your target area.
2. Create a Business Plan: Develop an effective plan outlining your business strategy, marketing tactics and operational goals.
3. Secure Financing: Acquire the necessary funding to launch the agency.
4. Hire a Staff: Select experienced agents, managers and support staff for your company.
5. Develop Relationships: Grow a network of entertainment industry contacts such as directors, producers and casting directors.
6. Create Promotional Materials: Design marketing materials including business cards, brochures and a website to showcase your services.
7. Sign Clients: Secure talent to represent and manage their careers.
8. Negotiate Deals: Finalize contracts between clients and employers including wages, working hours and other stipulations.
9. Manage Client Relationships: Support clients with advice on their career goals, public relations activities and other needs.