Looking For A Home Based Business? Start A Bounce House Biz!
Owning a bounce house business is so much fun. An inflatable business isn't just fun, it's profitable too! And unlike other businesses...growing too fast is a bigger concern than not growing at all. Every time you set up one of your bounce houses, it will be its own advertisement. There aren?t very many businesses that can offer that!
Here are a few of the questions you need to think about when starting a bounce house biz.
- Why would I want to start a bounce house business?
Inflatable rentals have a very low overhead. You can start simply with a phone, some fliers and 1 piece of equipment. Although you?ll be working mainly weekends, should you decide you want to take time off, you just clear your schedule and don?t book any parties during that time.
- How to I get Started?
Set up your company. Talk to an account to check out the local business laws and make sure your business is set up correctly for accounting. Assume you're going to grow quite a bit. (It's alot easier to act like a business from the beginning than backtrack later). Pick a name that's fun and exciting. Decide what kind of rentals you'd like to do...birthday parties, large events...or both!
Once you've decided what pieces of equipment you're starting with...Place your order! Most pieces take 3-4 weeks for delivery unless they're in stock.
- Who are my Customers?
Birthday parties, church events, family reunions, post prom parties, summer camps, corporate picnics & events, holiday parties, store promotions, school parties, street fairs and festivals (be careful with street fairs and festivals...talk to your salesperson about the risks of "pay for play"), swap meets, pre-schools, day cares, Halloween festivals, fund raisers, car dealerships, grand openings, shopping malls and lots lots more...don't forget family reunions. Look for all the possibilities! And look for kids Everywhere!
- How long before there's a profit?
Hey...it depends on how hard you'll work. Rentals for small bounces run from $75.00-250.00 for a 4-8 hour day. You'll make much more if you sell packages made up of a bounce/fun food/and games or spin art. You're dropping off equipment anyway..why not maximize your profits! Each bounce should rent a minimum of 1 1/2 times a week on the average. You should push to rent 1 bounce as many times as possible each week. I?ve seen companies pay off their bounce within a month?and everything after that is profit!
- Is it easy to Grow?
Growing will be the least of your problems. Just start adding more equipment. Just don't purchase too much at a time. The most successful rental companies maximize the use of their equipment. Before you spend a fortune on a "showpiece" work the numbers and make sure it'll make you more money than you would make if you bought 2-3 less expensive pieces,
One last thing...remember..inflatables are sewn vinyl..Should by chance you have an act of vandalism before an event....units can always be patched. Check with your salesperson on how to handle any possible emergency that might come up.
Now what???
Let's GO MAKE SOME MONEY!!!!
Cheryl Pierce has been helping companies get started in the rental business for 15 years. If you'd like a free Guide on how to start your own bounce house business, visit: http://www.startapartyrentalbiz.com
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