How to Start a Kid's Jumpers Party Business
Children's birthday parties have come a long way from the small backyard barbeques that they once were. Today, birthday parties often include complete party themes, over-the-top birthday cakes, elaborate decorations, live entertainment and numerous games and activities. One of the most popular birthday party activities is the giant inflatable bouncer. If you are looking to break into the party business, investing in a children's jumper business may be the way to go.
Things You'll Need
- Jumpers (also known as bouncers, inflatables, etc.)
- Jumpers accessories (stakes, tie-downs, etc.)
- Hammer
- Dolly
- Delivery vehicle
Instructions
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1
Learn all you can about the children's jumper business. Subscribe to industry periodicals. Attend party planning trade shows. Visit websites such as startapartyrentalbiz.com.
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2
Design a business plan detailing every aspect of your new business. Include expenses such as start-up costs, jumpers, additional supplies, insurance, payroll, advertising, etc. Estimate the return on your investment.
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Obtain financial assistance from business lenders, if necessary. Present a detailed business plan to a financial lending institution that specializes in small business loans.
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Select your suppliers for the jumper equipment. Research information found in industry periodicals to locate recommended jumper suppliers in your area. Pay special attention to small, local suppliers who may offer more competitive rates.
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Place product orders. Purchase two to four jumpers to start and increase as the business grows. Aim for a delivery date of four to six weeks prior to the start of the outdoor party season.
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Purchase a vehicle to deliver the jumpers if you do not already have one. A commercial van, pickup truck or car with a trailer will be sufficient.
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Develop a website for your company. Include details about your company, contact information, services offered, cost and pictures of products.
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Purchase liability insurance. Premiums may be high in the beginning due to minimums for coverage; however, prices will come down per item as your business grows.
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Order business cards and investigate rates for advertising services in your area. Place an ad in the classified section of the newspaper. Check if any free advertising might be available in the listings sections of small town papers. Place business cards on bulletin boards in libraries, local family restaurants, pediatricians' offices, etc.
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Place an ad in local papers seeking employers. Target college kids who are home for the summer and looking for temporary work. Place ads on free social websites such as craigslist.com.
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Be prepared when phone calls start coming in. Have your rates ready, along with available dates, any discounts being offered, your website address to view pictures, etc.
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