If you enjoy working with event and party planners, learning how to start a bounce house rental business could be a rewarding experience. Just about any child will love to bounce in a bounce house at a birthday party, corporate event, or fundraising event. If you have more than one inflatable, you can add them later on. The majority of the events take place in the evenings or on weekends, making this a great part-time business that can be turned into a full-time enterprise once the following is established.
Purchase of Inflatable Bounce Houses
By searching the Internet, you will find many sources to choose from. A lot of companies can provide information about financing and help with starting a business. You can add new models as your business grows so you can offer variety and service multiple customers at once.
Invest in a Truck or Trailer
A truck or trailer can be rented or purchased to transport a bounce house. Such inflatables can weigh up to 100 pounds. A dolly will be required at the destination to transport the equipment.
Storage Facility Security
A storage facility should be provided for Bounce house rentals AZ. Depending on how many inflatables are owned, different spaces will be needed. In a storage facility, equipment should be kept dry, clean, and free from animals that could damage it.
Decide what the Legal Structure will be
Assign the business a name and establish its legal structure. Limited liability companies, partnerships, corporations, and sole proprietorships fall under this category.
A claim cannot be filed if anyone is injured in the latter two. Check with the state secretary to determine what registration requirements apply to you.
Licensing and Permits
Various states and jurisdictions have different requirements. However, an occupational license is required in most states. As well, in some states, bounce house rentals are considered amusement parks. A state inspection of the equipment and more paperwork may be required if necessary.
Apply for a Liability Permit
Get liability insurance to protect yourself in case of an accident while using the equipment. Your general business insurance will cover the equipment. Discuss the amount of coverage required with your agent. Some states specify the level of insurance coverage a business must carry when classified as a type of amusement park.
The Process of Preparing a Rental Contract
An agreement should be prepared for the rental. Your attorney may be able to help you with some critical provisions. In the case of an accident, the renter must not sue the rental company. This requires, for example, that the renter knows how to operate the equipment properly.
Educate your Clients About Your Products And Services
Take advantage of marketing opportunities. Make your online presence known. Use a press release to announce your business’s opening. Ads can be placed in local magazines, newspapers, and the phone book so parents can see them.
Promote your business with business cards and flyers. On Instagram, share photos of kids having fun in your bouncy castle to get likes and shares from social-media marketing.
Display your company name and contact information on the equipment used at parties. Partygoers will be more likely to come back to your next event if you give them business cards. As a result of social media, referrals will become a significant source of business in the future.