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If you currently have a full-time or part-time job, but you are not earning the kind of money you would like, you can either look for a new job or start your own business. If you don’t want to give up your current job while you are starting a new business, you can create a part-time side business to generate extra income.
An inflatable rental company is one of the easiest types of side businesses to start. It requires much less startup capital and equipment than many other types of businesses, and you can quickly pay off the cost of your initial investment and begin to make a profit.
How to Choose Inflatables for Your Side Business
You will need to purchase at least one bounce house to get started. You want to choose a design that will be fun and appeal to kids. You can select a bounce house with bright colors and a theme that will be popular with children. You can also buy an inflatable slide or obstacle course if you have the funds available so you can attract a wider range of customers.
How to Transport and Store Your Inflatables
You will need a way to transport your inflatables to parties and events. Some inflatables are large, so you will need a truck or trailer, as well as a hand truck to move the inflatables once you get to the location of the event.
You will need a place to store your inflatables when they are not being used. If you have room in your garage, you can store them there. You can also put them in a shed or a location that you rent, as long as it is secure, dry, and does not have high humidity.
Legal Considerations
You will need to take legal steps to set up your inflatable rental side business. You can choose to be a sole proprietorship, partnership, corporation, or limited liability company. Discuss your options with an attorney to figure out which is best for you. Contact your state and local governments to find out what types of permits and licenses you need. You will also need insurance to cover damage to the inflatables and injuries.
You will need to draft a rental agreement to have your customers sign. Discuss this with an attorney to make sure you will be protected if someone gets injured on one of your inflatables.
How to Promote Your Inflatable Rental Business
In order to get your inflatable rental side business off the ground, you will need to advertise. You can promote your business on TV, the radio, or online through a website and social media. You can print business cards and fliers, advertise in magazines that parents read, and encourage satisfied customers to tell their family and friends about your business.
Order Inflatables from i2k to Start Your Rental Business
i2k sells bounce houses and inflatable slides and obstacle courses that you can use to get your inflatable rental side business started. We have dozens of options with colorful designs and fun themes that are perfect for children’s birthday parties, fairs, carnivals, and other events. If you are interested in starting an inflatable rental side business to earn some extra money, order inflatables from i2k today.
