If you’re one of those business minded individuals who enjoy working at various events, then you may want to start a bounce house rental business. Let’s face it, kids love these, and thus you can easily make this into a great business opportunity.
Is there any demand for bounce house rentals?
Absolutely! As we mentioned earlier,it’s safe to say that most kids want one for their birthday party. But that’s not all; you will see that these bounce houses can also be used at fundraisers as well as corporate events, among others. They are amazing and very handy too, which offers quite the convenience and help that you will like and enjoy quite a lot.
How can you start a bounce house rental business?
The first thing you want to do is to find the right commercial bounce house for sale. There are many models on the market, so you have to see which one seems the most suitable for you and your budget. Keep in mind that you may need to purchase multiple bounce houses, especially if you want to expand your business. Moreover, you need to keep in mind that you also need transportation. You may need to buy a truck or trailer to be able to move your equipment.
Where can you store your bounce houses?
The average size of rolled bounce house is 4’x4x5’. You can store it in your garage or backyard. Don’t worry about leaving them outside since commercial inflatables are made from heavy duty vinyl which is water proof and fire retardant. Just make sure to cover them with a tarp so water doesn’t get inside of your bounce house during rain or snow.
What other things do you need to take into account?
You will need to see what type of legal structure you want for your business. Select the business type and name. You can opt for an LLC, corporation, partnership or sole proprietorship. Make sure to check your local governing rules and regulations to make your business compliant. It’s also important to opt for liability insurance. Consult an attorney to prepare a rental agreement or liability waiver.
You will also need to think about marketing. You have to promote your services, so creating a website and advertising it in your local market is important. A social media presence, Facebook ads, Google AdWords and other similar promotional services will also help.