Start an Inflatables Business - The Perfect Home Business
submitted: May 22nd 2008 |
by: CherylPierce |
Total views: 3 |
Word Count: 403 |
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Owning an inflatables business is a blast! A moonwalk business is not only fun...it's profitable too. And unlike other businesses, it's rare that your company won't grow...generally the problem is that if you aren't careful, you'll grow too fast.
There are a few questions you want to ask yourself when starting an inflatables business.
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.
What's the start up cost?
Think of what type of rentals you want to do. Back yard parties, corporate events, churches, etc. Check out the local laws and talk to an accountant. Start things right because you're going to grow...ALOT!
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.
Where can I find Customers?
Kids everywhere! 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 posibilities!
How long before I'll show 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.
Is it easy to Grow?
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.
What do I do now?
Go out and MAKE SOME MONEY!!!
About the Author
Cheryl Pierce has been helping companies get started in the rental business for 15 years. If you'd like to learn more about starting a Inflatables Business, visit Cheryl's website PartyZone Entertainment.
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