Floating inflatable water park activities are deeply loved by people all over the world. In the hot summer, many customers ask us about the price, but after receiving our quotation, many customers have no news anymore. Today we will talk about how to start a water park. business.
1. Find the right location.
Finding a good location is one of the keys to a successful inflatable water park business. The water must be clean enough, and some areas must be at least 2.5m deep. If the water depth is less than 2.5m, large products over 3.2m high cannot be used. If you are digging lakes for your park, it is recommended to dig some 4m deep areas in case you buy some jumbo items in the future.
1) What is my budget for this inflatable water park business?
2) How many potential customers can come to my water park every day?
3) How much are potential customers willing to pay for tickets?
4) How long is the payback period?
5) What risks do I have? How should I avoid these risks?
6) What is the probability of success? Can I afford to lose if I fail?
3. Secure funds
A water park business requires a huge investment, tens of thousands of dollars to buy a single water park equipment, and when you add the expenses paid to employees, advertising, etc., it is indeed a huge investment. If you’re going to get a loan from a bank, you need to consider when you can get the money.
4. Apply for a permit and get insurance
Apply for a permit from your local council for your inflatable water park business. You also need to ask about the costs and conditions of purchasing public insurance. Buying insurance will be your best bet against all risks.
Written by Doris from East-inflatables