Starting Your Own Inflatable Rentals Business
Inflatable Rentals are a must have for any child's birthday party in New Orleans. Also known as bounce house rentals, jumpers, air castles or moonbouncers, these inflatable toys keep kids entertained and active for hours on end.
You can even add a water slide to your jumping castle and turn it into an inflatable water park. These rentals are great in the summer time for outdoor birthday parties in New Orleans.
Another way to increase your profit potential is by offering a variety of different inflatables. While you'll still have your standard bounce houses, combo units and obstacle courses, you should also include inflatable slides, dunk tanks, carnival attractions and more. Adding these extras will allow you to appeal to a wider range of clients and make your business more lucrative.
When starting The New Orleans Inflatable bounce house combo Rentals business, you need to establish a legal entity in order to protect yourself from liability issues. You can do this by registering your business as a sole proprietorship, partnership or LLC. If you plan to run a large, commercial inflatables business, you should consider forming a corporation. This type of structure will protect you from personal lawsuits, as well as offer some tax benefits.
Once you have established your legal entity, it's time to start looking into equipment and services that will help your business thrive. You should always buy the best possible equipment and supplies, as this will ensure that your inflatables are as safe as possible. You should also be sure to research the local market to see what rates are being charged for similar rentals. You should never under-price your units in an effort to beat out competitors. This can backfire, as your competitors will eventually lower their prices until they are making the same amount of money you are.
You should also make sure to obtain any County, State or City permits if you are using the inflatables on public land. Finally, you should read the manufacturer's guidelines carefully and follow them to the letter. For example, you should not operate an inflatable during high winds or rainy weather. The wind can cause the unit to turn over, which could result in severe injuries. Lastly, you should not use a bounce house with any sharp objects near it.
Buying the right equipment and setting up your rental business correctly are just a few things that need to be done in order to make your inflatable business successful. However, it is important to remember that it's not all about the bounce houses – it's about the people who use them. So, take the time to get to know your target audience and what they need from you. Once you do, your inflatable rental business will be a success.