A modeling agency is a competitive and fast moving business. In general, a modeling agency is a business entity that represents fashion models working in the fashion industry. The agency makes a deal with the lead agency and/or the model and from there they earn their own income through commissions.
Other recommendations are to research, read magazines and learn about the fashion industry and visit events related to the fashion industry. However, you are not an industry expert, you must have the positive attitude, perseverance and willingness to open a new market.
We suggest that after you have identified what the market needs, you determine what type of models you need: children, teenagers, youth, adults, seniors, babies, plus size models or just men. That is why it is important to create a business plan before your lunch as it will allow you to have a better orientation and a better outlook.
Definitely, each country has different procedures to open a new company, so we recommend you follow the instructions and review the procedure that you need to create your own company in your country.
The best way to advertise your business is through industry contacts. You should also use social networks, such as Instagram, Facebook and Pinterest, because the image predominates in them, just like your business.