Purchased Augusta
Purchased Augusta
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Brithday Party Rentals Steady Income During Shaky Economy By Heather Muenchen
Two Reason To Open Party Rental Business By Heather Muenchen
Birthday Party Rental may be the last of the recession proof ventures remaining after a dreadful 2005. With so many startup's falling victim to this shaky economy, it now time to consider business opportunities that can withstand the test of time. Birthday party rentals jumped out at me like one of those very obvious ideas that make you wonder why you didn't think of it first. It is truly very simple but cleaver; there will always be a birthday party.
Yes, somewhere in the world, even in your own neighborhood there will be a birthday party this weekend. With such guaranteed numbers it got me to really take a closer look at the industry of birthday party rentals, and what I discovered was amazing.
Listed below are two reasons you make want to consider birthday party rental as a source for additional income or even retirement incomes.
Low Start up investment
As compare to the start cost of buying into an existing franchise, getting start in birthday party rentals can cost as little as an income tax return. With the average inflatable castles costing anywhere from $2000 - $3500, for an initial startup investment of less than $10k you could very well be on your way to weekly income. Sure you can always find units cheaper than the $2000 entry mark but like anything else you get exactly what you pay for.
Purchasing one party rental castles will produce the same income as if you would have purchased a small rental property, but without the headache of tenants. The other benefit to the inventory is you can always add more units in order to increase your weekly cash flow. Just one inflatable Castle will rent for $200 in Augusta Ga. Now let's say you booked it out each weekend for an entire month. With just a little math you can quickly see why I am taking a closer look at the party rental business.
Guaranteed Customers
Not many business other than funeral homes can make the claim of having a guaranteed customer base but birthday party rentals are diffidently in that category. No matter the state of the economy there will always be a birthday party. In a recent interview with Chantrell Jacques Vice President of Sales & Marketing for Mr. Giggles Bouncing Castles (www.MrGigglesCastles.com) she shared with me how renting the equipment is the least of the concerns for beginners in the industry.
"I often tell new investors that renting the equipment is actually the easy part, the major challenge is providing an excellent castle and top notch customer service. As a business owner it is imperative that you select a very unique inventory that can give you the competitive edge in your market. Second you need to arrive at least one hour early for each party delivery and never ever show up late. If you put in the effort to promote your rental business, purchase unique castles, and never show up late for a party, then you will be successful.
Chantrell Jacques went on to say that that the business of Birthday Party Rentals is exciting and rewarding and even on the worst day in the business she wouldn't rather do anything else.
I highly recommend birthday party rentals as a safe and reliable source of additional income during these turbulent economic times. All you really need in order to get started is a pickup truck, dolly, 3-10 castles and professionalism.
If you would like to read more about opening your own party rental business then please visit http://www.mrgigglescastles.com
Heather Muenchen
About the Author
If you would like to read more about opening your own party rental business then please visit http://www.mrgigglescastles.com