Owning a moonwalk business a great experience. The inflatables business is not only fun...it's profitable too! And actually the problem is rarely that your company won't grow...the biggest problem is that if you aren't careful...you can 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 moonwalk business?
Moonbounce rentals are a great home based business with a low initial investment with extremely fast cash return.
What's the start up cost?
Plan your company: type of rentals, equipment you want, what type of company you want to be. Talk to an attorney and accountant about local laws. Plan ahead because you're going to grow...and you want to be ready
After you decide what equipment you want, start talking with manufacturers and place your order. Most orders take up to 4 weeks for delivery so plan ahead.
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 posibilities! And look for kids Everywhere!
Is there a quick profit?
If your bounce rental is $150.00 (which is a low standard in much of the country...based on average rentals of 1 1/2 times a week for 7 months (very few of us work 12 mos/year, You should make approx $6750.00 for that one unit. If you want to maximize your rentals...really push that unit. Assume you rent another 2 times a week at 1/2 price. This adds $4500.00 for the 7 mos. Total income turning into $11,250....for just one unit that costs less than 3,000.00. Just image what you can do if you add to your profit with packages...or purchase 3 more bounces! 4 bounces averaging $225.00 each week for 30 weeks + $27,000.00. Not bad for a part time home business!
How Can I 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.
Always remember...inflatables are made of vinyl...they're easy to maintain and easily repaired if you ever have a problem.
What do I do now?
Go out and MAKE SOME MONEY!!!
There are a few questions you want to ask yourself when starting an inflatables business.
Why would I want to start a moonwalk business?
Moonbounce rentals are a great home based business with a low initial investment with extremely fast cash return.
What's the start up cost?
Plan your company: type of rentals, equipment you want, what type of company you want to be. Talk to an attorney and accountant about local laws. Plan ahead because you're going to grow...and you want to be ready
After you decide what equipment you want, start talking with manufacturers and place your order. Most orders take up to 4 weeks for delivery so plan ahead.
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 posibilities! And look for kids Everywhere!
Is there a quick profit?
If your bounce rental is $150.00 (which is a low standard in much of the country...based on average rentals of 1 1/2 times a week for 7 months (very few of us work 12 mos/year, You should make approx $6750.00 for that one unit. If you want to maximize your rentals...really push that unit. Assume you rent another 2 times a week at 1/2 price. This adds $4500.00 for the 7 mos. Total income turning into $11,250....for just one unit that costs less than 3,000.00. Just image what you can do if you add to your profit with packages...or purchase 3 more bounces! 4 bounces averaging $225.00 each week for 30 weeks + $27,000.00. Not bad for a part time home business!
How Can I 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.
Always remember...inflatables are made of vinyl...they're easy to maintain and easily repaired if you ever have a problem.
What do I do now?
Go out and MAKE SOME MONEY!!!
About the Author:
Cheryl has been helping companies get started in the rental business for 15 years. If you'd like to learn more about starting a Moonwalk Business, visit Cheryl's website PartyZone Entertainment.
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