In 2019, revenue from astrology apps in the United States increased by 64.7 percent to about $40 million.
In This Article...
How do I go about starting my own astrological practice?
- Make a strategy for your astrology business.
- Create a legal entity for your astrology business.
- For tax purposes, you must register your astrology business.
- Establish a Business Bank Account and a Credit Card
- Create an accounting system for your astrology practice.
- Get the Permits and Licenses You Need for Your Astrology Business
- Get Business Insurance Based on Astrology
- Define your astrology company’s identity.
- Make a website for your astrology business.
- Get your business phone system up and running.
Starting a business entails more than simply registering it with the state. This basic guide to launching an astrology business has been put together by us. These processes will ensure that your new firm is well-planned, legally compliant, and correctly registered.
STEP 1: Plan your business
As an entrepreneur, you must have a well-thought-out strategy. It will assist you in mapping out the details of your company and uncovering some unknowns. The following are a few key points to consider:
- What are the initial and continuing expenses?
- What is the demographic of your target market?
- What is the maximum amount you can charge customers?
- What will you call your company?
What are the costs involved in opening an astrology business?
It costs around $65,834 to operate a modest retail shop. This includes security, first-month, and triple-net deposits ($4,589), construction and furnishings expenditures ($7,500), and utility deposits and handyman costs ($450) for a business lease. A unique website, related consultancy, computer and phone equipment, and a retail point of sale system will total $6165 in IT costs. Exterior and interior signs, legal services, logo creation, business cards, fliers and coupons all add up to around $8900 in marketing costs. A large public relations campaign (including catering and media) for your grand opening costs around $1670. The total cost is now $30,834. Your retail stock expenses will vary, but if you invest $35,000 to set up your initial inventory, your total costs will be $65,834.
What are the ongoing expenses for an astrology business?
Monthly rent (which will vary depending on the number of employees and their pay, but should be less than $1000 per month in our projections), utilities (which will vary depending on the region, but should be less than $1000 per month), and employee salaries (which will vary depending on the number of employees and their pay, but $5,000 is a good projection for a small team).
Who is the target market?
Obviously, your finest clients are those who trust in astrology’s mystic potential. In terms of demographics, college-aged students who are interested in changing their perspectives on the world are good consumers.
How does an astrology business make money?
Selling astrology-related products and charging for psychic and tarot readings are two ways your company gets money.
How much can you charge customers?
There is no genuine average price for things in this type of retail operation. Small objects can be sold for under $5, while more uncommon and exotic items can be sold for over $100. Your hourly pricing for items like astrology or tarot readings could range from $25 to over $125.
How much profit can an astrology business make?
The exact profit you will make will depend on a number of factors. Many retail enterprises have a net profit margin of two to three percent. However, if you have a niche product and a small workforce, you can enhance your profit margins and make a big splash in your community.
What will you name your business?
Choosing the appropriate name is crucial and difficult. If you don’t have a name for your business yet, check out our How to Name a Business guide or use our Astrology Business Name Generator to help you come up with one.
If you run a sole proprietorship, you can consider using a different business name than your own. For further information, see our DBA guide.
When registering a business name, we recommend conducting the following research:
- The business records of your state
- Records of federal and state trademarks
- Platforms for social media
- The availability of a web domain.
What astrological app do astrologers use?
Astro Gold is a professional-level astrology program that gives birth charts as well as precise astronomical reports. It includes a variety of features and insights for people who want a closer look at the stars.
What is the source of income for co-star astrology?
CoStar is a freemium service. People who pay for a la carte in-app purchases like manually adding friends and advanced chart readings account for 100% of our revenue.
Do astrologers make a decent living?
In the United States, the average astrologer earns $43,864. The average bonus for an Astrologist is $990, or 2% of their annual salary, with 100% of respondents saying that they receive a bonus every year. Astrologists earn the most in San Francisco, CA, with an average total pay of $52,415, which is 19% higher than the national average.
What are the fees charged by astrologers?
“Astrologers charge according to their fame and experience. The lowest charge is Rs 12 per minute, with rates as high as Rs 400 per minute for those in great demand. The revenue of AstroSage, another prominent astrology website, has surged by 42 percent during the lockout, according to Prateek Pandey, co-founder.
Is astrology a profitable venture?
The business of astrology:
Astrology has exploded in popularity in recent years, and it will continue to do so as scientific techniques and a deeper knowledge of individuals become available. Online astrology is also one of the fastest growing markets (particularly in India), with a year-on-year growth rate of about 100%, and is predicted to reach $3 billion in India by 2020. People, particularly young people, are recognizing that astrology might be useful in guiding them toward a more organized and educated future. On the other hand, an increasing number of educated and enthusiastic individuals are turning to astrology as a profession, advising people through practical, modern, and radical consultations.
Conclusion:
People today, more than ever, require this age-old support system, which is created entirely in India, in their lives as a result of changes in our society’s socio-economic situations and growing global uncertainties!
It will broaden its scope and adapt to the new difficulties of the twenty-first century in the future years. Astrology will be as simple as buying a phone recharge in the not-too-distant future! 🙂
Who is India’s most famous astrologer?
Dr. Sharma has made a number of forecasts in national newspapers such as The Hindustan Times and The Times of India. In the previous issue, he addresses readers’ questions. He comes from a long line of astrologers. Though he went on to become a mechanical engineer, he eventually learned he had an innate gift for astrology after many of his casual forecasts for friends and family came true. He has done extensive research and study on topics like as astrology, astronomy, gemology, numerology, and the Tantras.
Rao’s mother exposed him to Vedic astrology when he was 12 years old. He refuses to charge fees for astrological classes, which has earned him a large following. Kotamraju Narayana Rao is a member of a well-known Andhra Brahmin family. He holds a master’s degree in English literature and had taught English before joining the Indian Audit and Accounts Service, where he served as Director-General till 1990. Swami Paramananda Saraswati and Yogi Bhaskarananda, his gurus, have taught him several little-known secrets that are not available in any books. “Yogis, Destiny, and the Wheel of Time,” his book, divulged some of these truths. He was instrumental in the establishment of the Vedic Astrology course at the Bharatiya Vidya Bhavan in New Delhi, where he still serves as an advisor and senior teacher of Astrology Courses. The top Vedic Astrology institute in India is Bharatiya Vidya Bhava.
Kapil is a psychic, palmist, and the country’s only phonetic numerologist. He is the author of the best-selling book Numerology Made Simple. He also contributes astrology essays to the Times of India on a regular basis, and his daily predictions on Radio Mirchi are well-received. Many individuals come to him for numerology help. Kapil, who is based in Pune, also owns a logistics firm. He holds a master’s degree in journalism and communications, as well as MBA and law degrees. He has contributed to The Times of India, Indian Express, and Mid-Day. His clientele include actors, politicians, models, and bureaucrats, and his correct forecasts and remedies have aided many. Kapil works as an Astro-Numerology consultant for a number of different websites. He learned some arcane secrets from a Himalayan master, and he’s also an expert in face reading, gem therapy, and graphology.
He began learning numerology as a pastime after working as a finance broker. He correctly predicted the outcome of the popular film Kaho Naa Pyaar Hai. Bansilalji has spent over 30 years studying Numerology and has developed a unique system. He once conveyed a message to a prominent film star in jail, telling him that if his case came up for hearing on a specific day, he would be released. This became a reality, and it represented a watershed moment in his career. Farahad Nathani, a friend and film distributor, then provided him a list of film titles to see which one would be lucky. “Kaho Naa Pyaar Hai” was the title he chose, then Jumaani added two extra A’s.
He left his 17-year profession as a marketing executive to follow in the footsteps of his father, Bansilal M Jumaani, and become a numerologist. Jumaani, an Astro numerologist, is frequently contacted by companies such as Kotak Mahindra Bank, Reliance Industries, Haldiram’s, and others. He has advised film and sports superstars like as the Bachchans, Irfan Khan, Anil Kumble, and even politicians such as Smriti Irani.
Swetta Jumaani, Bansilal Jumaani’s daughter, studied numerology under her father’s tutelage. She made a renowned forecast regarding the effects of Mars approaching Earth, which turned out to be correct. Swetta was always interested in numerology as a child, and she used to provide advice to her close friends and relatives. She projected that, beginning in 2004, the city of Pune would see a real estate boom and massive expansion, putting it on the international map. Swetta is now regarded as one of the world’s leading numerologists. She has contributed to numerous newspapers and publications with articles and columns. Her remarks have been broadcast on a variety of television and radio stations.
Dr. Sohini Sastri has won numerous awards for best astrologer in India, including one in 2019. She has also been honored by a number of universities, and she is well-known among Bollywood celebs and business leaders. According to Dr. Sohini Sastri, an individual’s life in this birth is determined by their “karma or actions in a previous life.” Dr. Sohini Sastri counsels and encourages her clients to discover solutions to their challenges. Dr. Sohini Sastri is an expert in Vedic astrology, palmistry, numerology, and Vastu Shastra, among other things. Many Bollywood heroines consult her as their astrologer of choice. She is also one of India’s greatest Tantriks.
Is there any free astrology software available?
One of the best FREE Vedic astrology apps made for Android/iOS is the AstroVed Assistant Software, which is a personalized, location-based app. It is intended to assist you in making the most of your day by providing you with a wealth of important information that will allow you to seize chances and avoid pitfalls. It’s convenient and hands-free. With this app, you may obtain your personalized horoscope on the move. It’s highly convenient with life-essential widgets and a dashboard with one-touch view. This app contains useful information such as Horas (auspicious hours in the day), Good and Bad times, Hourly planner, Personalized Predictions, Mantras, Virtual Poojas, mantras, Panchang, 24/7 LIVE Web TV, dos and don’ts for a specific day based on the day’s Nakshatra as well as your sign, Chandrashtama sign of the day, dasa bhukti changes, planetary transits, and much The app was recently updated to include an Artificial Intelligence (AI) function that allows you to ask questions of a voice assistant and receive responses. This new Beta functionality responds to a limited amount of requests quickly and accurately.
