For event and leisure

START UP A RIDES AND AMUSEMENT HIRE BUSINESS

STEP1. PLANNING

What's involved
To succeed today at starting an amusement hire business you need the best, top quality, eye catching amusements or rides, a very professional dedicated approach and most importantly be extremely safety conscious and aware of current safety regulations. So often we see individuals start up an amusements hire business with great intentions, full of enthusiasm and an attitude of "we know it all" and for whatever reason they find it difficult to survive further than 12 months.

Although starting your own amusement or rides hire business may look very affordable at the outset, don't be fooled by the sometimes low initial start-up costs. Whether your amusements or rides cost £500 or £10,000 to purchase you will still have to find somewhere to operate it or customers to hire it, be able to transport it to the event or venue, be prepared physically to set up and operate your amusements.

A lot of individuals who start up their own amusement or rides hire business are often unprepared for the fact that many hire bookings are made for unsociable times which clash with their own personal family commitments such as spouses days off, evenings and weekends. This can be particularly the case if you intend to hire out smaller bouncy castles and amusements best suited for small children's parties etc .So be prepared for a lot of your work to be done during times that may clash with your existing normal family life and routines.

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KEY POINTS

CHECK LIST

The initial idea
Have you ever considered starting your own rides or amusements hire business?
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What's involved
It looks so easy, but what's it really like running your own amusement rides hire business?
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Where to operate
Plan where your customers will be and where you can operate your rides.
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What amusement
A unique ride or amusement that will attract your target audience.
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Business plan
Financial planning is essential for your new amusement ride hire business.
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PLANNING CHECKLIST

Initial planning checklist for individuals considering starting an amusements rides hire business.

1.

Do as much research and learning about running an amusements or rides hire business as you possibly can.

2.

Make yourself aware of what's involved running your own amusements or rides hire business, the hours involved and the type of work.

3.

Decide whether to opt for inflatable attractions, bouncy castles, funfair rides, towable trampolines, simulators, rodeo bulls etc.

4.

Plan what age groups your amusement ride business will be targeting.

5.

Research your potential customers, spending power and ride preferences.

6.

Plan where you will be able to legally operate your amusement or ride.

7.

Plan how to hire out, locate a permanent site or pitches at events.

8.

Prepare your business plan and organise your finances.

9.

Plan for the impact upon your family and your current way of life.

10.

Plan for the unexpected, seasonal variations and any what ifs.

Finally for the most difficult task of the planning checklist! Every business needs a catchy, easy to remember business name. Good luck!

For more detailed information regarding any of the above points please refer to the key points navigation links above.

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