People need filming and editing for all kinds of events. Whether it's birthdays, weddings, grad parties or sporting events, there are plenty of opportunities for this business.

Some of the basic equipment:

• Quality digital recorder
• Computer
• Editing software
• DVDs
• DVD Burning Software
• Ability to print DVD labels and covers or you can have them printed by a professional printer

And of course, you'll need the usual business items like phone, fax, business cards and so forth.

If you don't have any experience producing video professional, offer to do a few jobs for friends. Then you'll have sample videos and finished products to show your potential clients.