Pros:
– A casting agency can offer a great deal of variety to clients, allowing them to access talent from many different areas.
– It is relatively inexpensive to start a casting agency business as the main investment is time in seeking potential talent and creating relationships with actors, musicians and other performers.
– A casting agency can provide a steady stream of income as long as there is a demand for talent in the area.
– It provides an opportunity to network with people from all walks of life, giving access to unique and interesting stories from talented individuals.
Cons:
– Finding quality talent takes research, skill and an understanding of the industry.
– Casting agencies must stay up to date on ever-changing casting trends and requirements in order to remain competitive.
– A casting agency can be expensive to run as finding, hiring, keeping and retaining quality talent is a key factor for success.
– It requires significant commitment from the business owner as they must work hard to manage the creative people who are involved in their projects.
– It can be difficult to break into new markets and establish a foothold in the industry.