How to Start a Bounce House Business: The Complete Guide
Oct 03, · This will depend heavily on the kind of policy you purchase and what state your bounce house business will operate in. Business Incorporation: It makes sense to set up your bounce house business as an LLC or an S Corporation both nationally and in your state. LegalZoom is one of the best resources. Count on costs ranging from $ - $ As for money saving, because you may don’t have much money at your startup to invest, so a good choice is to buy commercial bounce house wholesale or bounce house business packages. In that way, you’ll get standard inflatables to start and cost only somewhere between several hundreds to 2k. Register, Name, Company Location, Staff.
With popularity on the rise, many people want to know how to start a bounce house business. As one of the leading providers of commercial bounce houses online, we wanted to create a complete guide that will get you started on some key ideas that you should think about before moving ahead. There are many things to consider - getting the right equipment, understand profit potential, legal structure, and how to market your what is healthy food means venture.
You will find all of that information in this guide. Starting a bounce house business can be a great entrepreneurial endeavor as either a side business or a full-time venture. Bounce house rentals have soared in popularity in recent years and are almost everywhere you look - at birthday parties, local community events, and corporate outings.
But that's not to say it is going to be easy! There are a number of things to consider before starting your business, mainly the profit potential. It is important to understand what your up-front how to cook roast lamb and potatoes will be, and have an idea of how long it may take to turn a profit based on a number of bookings your business can handle.
There will be some up-front costs to your business that we will go over in how to start a inflatable bouncer business, but to understand your profit potential long-term, here are some numbers to consider.
Your revenue potential will essentially be a function of how many bounce houses you have in your inventory, and how often you can rent them out. To start off with some conservative numbers you can use the following:. Let's say you decided to start off with three bounce houses.
After that, you would start to turn a nice profit each week. The beauty about bounce house businesses is that they are easily scalable. If you start off slowly with just one to three houses, the investment will be minimal. If things start to grow, then you can expand as you see how to start a inflatable bouncer business. There are major bounce house rental companies that have over 50 houses in their inventory, which you can imagine builds up the profit potential.
In order to make sure you can service your clients properly, and not incur any unforeseen costs, it is best to make sure you have the right tools. Here are a couple of how to start a inflatable bouncer business concepts to understand:. Some how to start a inflatable bouncer business might be tempted to buy residential bounce houses for their business because they are far less expensive. There are key differences between residential and commercial models.
Below are two main points to consider:. If you are serious about your business you should not take any chances buying products that are not suited for your use. It will likely cost you more money in the long run than you saved initially. Starting a bounce house business could be an incredible opportunity if your local market is underserved. Conversely, it might be a tall order to wiggle your way into an already crowded market.
There are a few ways to approach this. Once you have taken stock of what the market looks like then you can start determining whether a real opportunity exists. In order to get your first customers, you need to let them you know you exist! Local marketing has completely changed, largely because of the Internet. It used to make sense to take out a few ads in the Yellow pages and other local magazines, but that simply isn't the case anymore.
If you aren't connecting with your customers online then you are missing the boat. Your first order of business will be to get your online affairs in order. Here are a few key ideas to get you going A website has turned into the modern business card. When people are searching for bounce house businesses online you want to make sure that you show up. More importantly, you want to make a good first impression.
There is nothing worse than seeing a poorly-designed website. It gives the impression that you are not serious about your business, and it is likely that potential customers will turn to your competition who has done a better job.
That being said, it is much easier to have a clean, fast, and professional looking website than ever. We recommend setting up your site on Wordpress. You can also try Squarespacebut there is much less flexibility with designs and add-ons to your site.
Wordpress has a thriving developer community that has endless design templates and plugins to make your site even more powerful. There are also plenty of other options at Theme Forest.
Overall, you what is a peripheral nerve to make sure you are putting your best foot forward with your website design. Use quality photography and make sure it is easy to navigate. Most of all, explain why customers should trust your service and make it easy to get in touch with you to schedule a booking.
You most likely answered typing your query into Google, which is what the majority of people are doing when they research local businesses to hire. Therefore, you want to make sure that when someone types in X Bounce House Rentals, you are going to show up. This means setting up business profiles for GoogleYelpand other local resources.
This is a great article from SEMrush to help you understand how you can optimize your results in search engines and other local online resources.
Overall, you want to make it easy for potential customers to find your website when they are doing research for their next party. Online advertising technology has gotten extremely advanced, and local businesses can pinpoint their potential what are the tools of music theory with greater accuracy than ever before.
When you are first starting out in your bounce house business it will make sense to set aside a budget for advertising in the beginning. Your goal is to book new business, impress your clients, and have them spread the word online and in their local community. Right now the best bang for your buck will likely be Google and Facebook. They are the two most-used websites out there, and they offer the best advertising products for local businesses.
You can read up about Google's How to make pancakes scratch local program here. The key reason why Google is so effective is because you are capturing a potential customer at the moment of intent. If you are able to serve up a relevant advertisement to a mother who is looking to find a local bounce house business for her daughter's 7th birthday party, you can make sure that you show up.
The only downside is that pay-per-click advertising has gotten very competitive, and you could be competing against other bounce house businesses for those spots. The best thing to do is to set aside a test budget and track very closely how much you are paying for new leads.
Facebook offers a different local advertising product, which you can read more about here. They allow you to target various demographics and geographic locations with impressive precision.
You can offer deals, drive people to your site, and various other methods. Facebook is constantly making how long to run pool pump in winter technology more effective, which is why it has become a preferred choice for local marketers. Additionally, you could experiment with local deal sites like Groupon in order to book your first set of clients.
Another effective tool in promoting your business is good old-fashioned networking. Get a bunch of professional-looking business cards printed from a service like Vistaprintand get prepared to pound the pavement! There are plenty of ways to get creative with this approach.
One way is to make sure you are connected with local companies that are associated with your bounce house business. For example, there could be party rental companies that don't offer bounce houses, and you could make sure they know you are available to supply them if the need arises.
Additionally, you could get involved with local organizations like The Rotary Club. Anything you can do to make yourself how to start a inflatable bouncer business to members of your community will help keep your bounce house business in their minds if they eventually will need your services, or a friend of theirs asks.
Close menu. Shop By Type. Bounce Houses For Sale. Swing Sets For How to start a inflatable bouncer business. Trampolines For Sale. Residential Bounce Houses. Commercial Bounce House. Bounce House Resources. Swing Sets By Type. Trampolines By Type. Trampoline Brands. AirDancers By Type. The Opportunity Starting a bounce house business can be a great entrepreneurial endeavor as either a side business or a full-time venture.
Sample Cost Analysis There will be some up-front costs to your business that we will go over in detail, but to understand your profit potential long-term, here are some numbers to consider.
Getting the Right Equipment for Your Bounce House Business In order to make sure you can service your clients properly, and not incur any unforeseen costs, it is best to make sure you have the right tools.
Here are a couple of important concepts to understand: Commercial vs. Residential Bounce Houses Some owner-operators might be tempted to buy residential bounce houses for their business because they are far less expensive.
Below are two main how to unban from cs server to consider: Commercial bounce houses are built differently - They are typically much larger and built with stronger materials.
This is meant to withstand prolonged use and can last as long as five years. Residential bounce houses won't last very long if they are being used by hundreds of children each weekend.
The manufacturer's warranty is better - Typically most manufacturers will not offer a warranty on residential bounce houses if they are used for commercial purposes. Additionally, the majority of commercial bouncers come with a minimum one year warranty and sometimes upwards of three. Additional Material In addition to your bounce house you will likely need to purchase a few more items that you should consider: Blower : You can view our complete selection here Extension chord : If the area of the bounce house is not located near a power source you will likely need this Generator : When there is no power source a generator becomes necessary Hand Truck: This will help move some of the larger bounce houses Cleaning Materials: Vacuum and other products to clean and sanitize your bounce houses Misc Items: Sand bags, stakes, cones, duct tape Miscellaneous Up-Front Costs Aside from purchasing your first commercial bounce house, starting your business will require some upfront costs that you should be aware of.
Here is a list of things you should consider researching beforehand: Insurance : How to start a inflatable bouncer business want to make sure you are protected against any liability in the event of an injury.
Start An Inflatable Bounce House Business In Your State
If you find yourself wanting to start an inflatable bouncer business, here's what you need to do. Start Small. Start your business out by purchasing just one or two jumpers. Build your business around these two jumpers before you decide to purchase more. You could start out doing a few parties on the weekend and increase your business from there. Apr 10, · While you won’t need a business degree to start a bounce house business, certain skills and experiences are helpful. Problem solving skills. Creative problem solving skills are an asset in any industry, but they’re particularly helpful when running a bounce house business where a business owner may have to sort out scheduling issues, malfunctioning equipment, and more. Net Profit off of 1 Bouncer - $58, -$25, = $33,; Now that we have your interest, lets talk about what it entails to operate an Inflatable Business. Most rental companies deliver and pick up the inflatables to their customer and set them up. Set up generally takes less then 10 minutes. A must have for any Inflatable Rental Business is Insurance.
Business Ideas Generator. Business Name Generator. Free Logo Generator. Last Updated: You have found the perfect business idea, and now you are ready to take the next step.
There is more to starting a business than just registering it with the state. We have put together this simple guide to starting your inflatable bounce house business. These steps will ensure that your new business is well planned out, registered properly and legally compliant. A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:.
Opening an inflatable bounce house rental company requires very little overhead. For a storefront location, your costs will be significantly higher. The building should be equipped with multiple different types of bounce houses, as well as small rooms for hosting birthday parties. Again, these costs will vary depending upon how you decide to set up your business.
Experienced storefront business owners recommend budgeting for the following items:. Regardless of which way you decide to structure your business, insurance and payroll costs will represent the largest portion of your budget.
While many adults are now hosting parties that include bounce houses, a majority of your business will cater to children who are having birthday parties, graduations, family reunions, other big life events.
Churches, businesses, and fundraising events are also a great audience to target in your marketing efforts. Inflatable bounce house rental companies generate revenue from each event they deliver a bounce house to. Storefronts charge an entry fee for each child and often host birthday parties for younger children for a group rate. Prices vary by region and upon goods and services delivered.
Before setting your prices, research the average prices of similar businesses in the area. Industry research indicates an average of 1. Consider some of the below strategies for maximizing your inflatable bounce house profits:. Choosing the right name is important and challenging. If you operate a sole proprietorship , you might want to operate under a business name other than your own name.
Visit our DBA guide to learn more. When registering a business name , we recommend researching your business name by checking:. The most common business structure types are the sole proprietorship , partnership , limited liability company LLC , and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your inflatable bounce house business is sued.
Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services. You can choose to hire a registered agent or act as your own. You will need to register for a variety of state and federal taxes before you can open for business. Depending on which business structure you choose, you might have different options for how your business will be taxed.
There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides. When your personal and business accounts are mixed, your personal assets your home, car, and other valuables are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil. Additionally, learning how to build business credit can help you get credit cards and other financing in your business's name instead of yours , better interest rates, higher lines of credit, and more.
Recommended: Read our Best Banks for Small Business review to find the best national bank, credit union, business-loan friendly banks, one with many brick-and-mortar locations, and more. Recommended: Read our guide to find the best small business credit cards.
Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing. Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.
Certain state permits and licenses may be needed to operate a bounce house business. Most businesses are required to collect sales tax on the goods or services they provide.
To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses. In addition, certain local licensing or regulatory requirements may apply.
For more information about local licenses and permits:. To avoid liability and potential lawsuits, bounce house businesses should have their clients sign a release of liability form. An example of such a waiver can be found here. Recommended: Rocket Lawyer makes it easy to create a professional release of liability form for your bounce house business when you sign up for their premium membership.
A bounce house business can be run out of a large storefront or large outdoor space. Businesses operating out of a physical location typically require a Certificate of Occupancy CO. A CO confirms that all building codes, zoning laws and government regulations have been met.
Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. There are several types of insurance policies created for different types of businesses with different risks. Your brand is what your company stands for, as well as how your business is perceived by the public.
A strong brand will help your business stand out from competitors. Get a logo using Truic's free logo Generator No email or sign up required. Use a Premium Logo Maker. Social media is a great way to reach a large number of people. Your marketing goal is to appeal to both children and their parents. Consider taking out an ad in school yearbooks throughout the community. Donating your facility or an inflatable for a daycare, school, or church event is a great way to advertise your business while giving back to the community.
Customer retention comes down to competitive pricing and the quality of goods and services you provide. Consider a referral and repeat customer program, in which individuals or groups receive a reduced rate on rental fees or parties, after a certain number of visits or referrals. After defining your brand and creating your logo the next step is to create a website for your business.
While this may have been a reasonable fear back in , web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler. Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders. Select your state below for an in-depth guide on completing each of these steps in your home state.
The average weight of a 15 x 15 inflatable is equivalent to bags of mortar, so it is essential that you have the individual strength or manpower to deliver the equipment on a regular basis.
If your dream is to have a storefront filled with inflatables, many of the above requirements remain the same.
Entrepreneurs with families should consider getting the entire family involved to ensure ample family time. Entrepreneurship Quiz. Your weekends will be filled with delivering and picking up bounce houses. During the week, your days will be filled with the following activities:. Due to the significant growth potential, there are a number of individuals seeking business opportunities in this industry. Therefore, strong networking and marketing skills would prove beneficial.
This industry has experienced significant growth over the last decade, with inflatables present at almost every event catering to children. While gaining popularity everywhere, areas with harsh weather offer the most growth potential for storefronts with inflatables. Subscribe to our YouTube channel. One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.
Having a support network in place to turn to during tough times is a major factor of success for new business owners. There are many resources out there specifically for women entrepreneurs. Successful bounce house business owners offer the following advice:. In this industry, your staff will have a significant impact on your business.
Since your guests will all be children, try to build a team of reliable teenagers. Your guests will relate to them better and are more apt to listen to their instructions. For an inflatable rental business, your staff should include reliable and strong individuals. Each inflatable is heavy and awkward to set up.
Get more ideas with our Business Ideas Generator. Sign up at the Business Center to access useful tools for your business. Skip Ahead To. Take the Next Step Useful Links. Start an inflatable bounce house business by following these 9 steps: You have found the perfect business idea, and now you are ready to take the next step.