Do you want to be the next millionaire in town? One of the best businesses to venture in is bouncy castle hire. Unlike other forms of investments, bouncy castle hire does have many risks. However, before you start this investment ensure that you read the following guide.
When considering the idea of starting bouncy castles hire business, the first thing you need to check through local newspapers and other sources of information. Locate some of the classified sections and choose top entertainers. Find out whether there is anyone trying to advertise bouncy castle hire business within your area of operation so that you can make an informed decision. You need to be very clear about some of your competitors in order to know how you are going to deal with them.
When starting bouncy castle hire business, there are different equipment you need if at all you want to make huge profits at the end of the day. Some of the equipment you need include
• Bouncy Castle
• Electric blower
• Anchor stakes
• Ledger book
• RCD circuit breaker
• Ground sheet
• Electrical extension cable
• Local street map
• Public Liability Insurance cover
• Safety mat
• Large A4 size desk diary
• Safety instruction sheet
• Sack trolley.
Where you will get customers
Because children are born daily, you will always have very many potential customers. A good number of parents prefer using the gardens, backyard and church halls to hold parties during the festive season. There are various places where you can hire you bouncy castles including shows, galas, play groups, pubs , hotels, shopping centers as well as car boot fairs just to mention a few them.
How will you get bookings?
To get bookings, begin by telling your friends, relatives, neighbors and any other person with kids. You can offer those discounts at the start so that they become aware of the business. You can use newspapers to advertise your business.
You can take advantage of the first bookings to market your business to thousands of potential customers. Hiring your castle to parents hosting birthday parties for their children will act as a way of promoting your business. These parents will advertise the business to others thereby increasing your market.
Safety is among the things you cannot afford to ignore when starting a business in this field. We recommend that you do all you can to five your customers a safety instructions guide. You can get templates from the internet.
Basic booking keeping will help you when it comes to tracking your money. Therefore, you need to know all your expenses to do with advertising, telephone calls, printing and fuel among others so that you can budget appropriately.
Expanding the business
After starting and running your business for a few months, you will definitely consider the idea of expanding the same. At this point, it will become inevitable to think about acquiring extra units to support the growth of your business. If all seems to go well, it is wise to invest in various inflatable items. You can consult experts in this business to get guidance on how to expand the business.