How to Start an Indoor Mini Golf Business
Starting a new business is a lot of work, and beginning an indoor mini golf business can seem like a frightening task. You have to find a location, write a business plan, shop for equipment suppliers and learn how to advertise. Knowing how to organize the process can help you break your business startup into manageable bites.
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Instructions
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Research your customer demographics. Gather information on the age, gender and average income of mini golf customers. Research how often your demographic plays miniature golf, how much money they expect to spend, as well as information about magazines they read and stores they frequent. Use this information to scout potential locations and start planning how to target your advertisements.
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Pick out a location. Look for indoor spaces that are large enough for your mini golf course and located in a good area for attracting your demographic. Remember to check city zoning laws for locations where you are allowed to run a business. According to websitemarketingplan.com, you need to make sure you find a lease or rental with short terms to minimize financial risk for your new mini golf business. A lease brings an obligation to pay for a space whether or not your business is successful. Consult an attorney to ensure your property agreement is right for your business.
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Compare sports equipment suppliers that sell mini golf equipment and look for the best prices. If the suppliers are unfamiliar to you, consult the Better Business Bureau to make sure they are reliable. Figure out the minimum amount of equipment you need to get started. This will help keep your initial costs down. Don't forget to check places such as eBay, Craigslist and classified ads for deals on used equipment.
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Write a business plan. According to the Small Business Administration, a business plan should have four main sections that include a description of the business, your marketing plans, a finances section with profit projections, and a section for details of your management structure.
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Invest in business cards. Make sure to have enough cards printed that you can hand them out to everyone. Planning and starting your business will be a big part of your life for some time. Anytime you consult a trade organization, talk to a property owner or discuss your business ideas you want to be able to hand them a business card.
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Tips & Warnings
Consult counselors from Score and the Small Business Administration for assistance with writing your business plan, designing logos and developing advertising materials. Both organizations offer free, expert assistance to small business owners.
