Starting your own business is both a bold and exciting task and also one you’re likely to feel anxious about. It’s a major step in your journey to financial freedom and success and the path can look different for everyone.
If you’ve got it in you to start making your own hours and decisions when it comes to earning an income, but are not sure exactly where to start, here are 3 reasons to seriously consider a bounce house business.
Always a Need for Entertainment
One of the things you may be thinking about as you decide on a business whether or not the market will remain ripe. Some industries go through phases where demand is high and then out of nowhere, there is just no longer a need. Those markets can be hard to tackle because you’ll have to constantly reinvent yourself to keep up. With inflatable party rentals, you’re not likely to ever run into the problem. There will always be a birthday party, event, carnival or school function going on where entertainment is needed.
Fast Cash ROI
The fact that you can start a bounce house business with a low investment and quickly start making your money back is a top reason many people take the plunge. After you’ve established your business name, insurance and other paperwork, you can start out small and invest in a few different inflatables and grow along with demand. As more rental contracts come in and your making profit, you can reinvest that money in additional inflatables and staff who can help with delivering and setting up the inflatables.
No Dealing with Franchisors
Many people who decide they want to start their own business think it’s wise to turn to a franchise company to help them along the way. While this may be the best move for some industries, there are also downsides to consider. If you’re set on being totally free of those demands and want a business that’s all your own, bounce house rentals are the way to go. It’s an exciting, fun and profitable business that brings in over $3.5 billion a year.
What are you waiting for?
i2k offers a free Startup Guide to help you with growing a profitable inflatable business. We also offer an array of amazing inflatables for purchase to help you get started.