Inflatable Party Jump - a truly viable Business Opportunity for stay at home moms
Start an Inflatable Jumps Rental Business
Start an Inflatable Party Jump Rental Business By Lisa Paredes
Starting an inflatable jumps rental business is perfect for stay at home moms. You can earn handsome money by working part time or even two days a week. Inflatable jumps are also known as bouncers and they come in all shapes and sizes. The choices are plenty; you could invest in a slide, dry/wet bouncers, bounce houses, obstacle jumpers, moon walkers, air castles or simple jumpers. There is a plethora of products available in the market. Moreover, this business does not require huge investment. The payments are made in cash, so you do not have to offer credit to the customers. The inflatable party jump can be folded easily, so they don't even occupy much space. This business option is low on investment and high on returns. We give you a ballpark figure of the total cost involved in starting this home based business venture later on in this article.
The Concept
This business opportunity is good for those who cannot spare 9 hours everyday. It offers flexibility in working hours. Typically, one can buy an inflatable party jump from a reputed brand and procure a license for renting these jumpers. License is a mandatory requirement for owning these products and offering them for party rentals. It is also a good idea to insure the product. The jumps can be used for birthday parties, Halloween functions, school festivals, picnics, day care center, shopping malls, pre-school, etc. The opportunities are plenty.
Cost Calculation
The only cost involved in this type of home based business is the initial investment cost. These jumps are low on maintenance and other overhead costs. They are durable in nature, provided they are from a good brand. Some of the products come with freebies like, business cards printed in your name. What's more? Some of the companies also offer financing solutions, so if you are unable to procure the funds then you can take help from the product manufacturer. The minimum start up cost could be around $5000. You can also borrow loan from banks, but this should be your last option. It is better to fund the investment from your savings.
How To Market This Business
Like any other business, an inflatable party jump will need proper marketing strategies. The best way of publicity is through your social network. Referrals are the key to a successful business. Some other methods of marketing include advertising in newspaper, yellow pages, distributing fliers, putting up banner ads on the internet and so on. However, of all the methods of marketing, word of mouth publicity is the best option. It spreads like fire and can make you famous. But, you have to be careful with the hygiene standards; this is the most common worry amongst parents, especially when swine flu has affected some parts of America, today. Tread carefully and you will surely taste success in this home based business.
At some point your business will hit a plateau and maybe even begine to drop off for no reason and that's when you will need to make a tough decision. Do you fold it up or bear down and learn how to more effectively market your business. Afterall, you didn't start this with the mindset of "if it works great, if not, atleast I tried", did you?
Of course not.
You need to let you business work for you rather than the other way around. And this applies to marketing. If you're truly like the idea of this business model and want to see it fulfill it's potential then I recommend that you watch the following video
It tells the story of how individuals like yourself, with no prior business experience are successfully building a strong presence in the marketplace to grow their
inflatable party jump
business.
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