How To Start A Bounce House Business

  Рет қаралды 14,446

Michael Gersitz

Michael Gersitz

Күн бұрын

For those of you who subscribe to this channel you know that besides my rental properties and my laundromats, I used to run a party rental company. This was probably my first big business that I ever built; I turned a $1,000 loan into a full-time salary in just a few short years. It is very simple to do, and I can teach you how, it just might not be easy. This is how to do it.
I have broken it down into 7 easy steps!
For those of you that are broke right now, do not worry, the party rental business has a really low barrier of entry- which means you don’t need a lot of money to get into the game. For a few thousand you can be up and running in a week or two. But before we begin, I want to put out this warning. Before you start this business, you need to understand. If you decide to get into the party rental game, you will be working EVERY single weekend during the summer. So, if you love your weekends, this might not be the business for you. July 4th every year was always my busiest day.
First things first, you need some inventory. When you are first starting out, I would keep it simple. You do not need tables, chairs, tents, cotton candy, popcorn, lawn games etc. You can start with a single bounce house, if that’s all you can afford, but a good mix would be better. For around 8,000 you can get a decent bounce house and three combo units. The combo units are way more popular than the regular bounce houses and you can charge a lot more money for them per rental. Both style units are movable by one person so you don’t need to hire any help. Remember, you are small and you are a one man show. Keep costs low to maximize profits. Do you not buy from China or from Walmart, do your research and find a commercial bounce house distributer with good reviews? Now that you have your products, you need a name.
When thinking of a name, keep it simple. A bad name would be something like “Leaps and Bounce” - there is already 100 companies with that name, you don’t need cute, you need professional and easy. If you were starting company in Detroit, a good name would be “Detroit Bounce House Rentals” or “Bounce Houses In Detroit”, if you think those sound like keywords you are absolutely right. Keep it targeted and go head first for that number #1 google ranking when people search for units in your area. You are way better off using this technique then having a cute name and spending 10 years to accurately brand it. You want to be in the green as fast as possible.
Now that you have inventory and a name, you are going to need a website. Detroitbouncehouserentals.com made from a website maker will work just fine. There are thousands of free website makers out there and it shouldn’t cost you more than $30 a year. I recommend a free Google voice phone number to manage your phone calls and you can plaster that all over your website. Once you get your website online, make sure you post a free GOOGLE BUISNESS listing so you can get on google maps. If you are working out of your garage, you can hide your street address from your listing, be sure to post your google voice number on there as well. Upload some pics of your bounce houses with your website name on the photo to your listing to show customers. Besides your google listing, there are other free places you can advertise to get the word out as well. Craigslist, yard signs, vehicle magnets, Facebook posts, feel free to get creative, but remember not to spend too much on advertising. TV and Radio ads don’t work, save your money. If you did want to spend a little to pump start your bookings, you best return on investment in my opinion would be GOOGLE AdWords, and Facebook Ads. Both are cost per click.
On the legal side of things, you need to form your company legally. The simplest way is a single member LLC. This will cost you under $1,000 and will separate your personal assets from your business assets. With the LLC formed, you can get business insurance. This will cost you around 1200$ for your first year in business with little inventory. Can you operate a business without an LLC and insurance, yes, Should you? NO. Some municipalities will also make you get a business license as well, so make sure you check your local laws as well. Congratulations, you are now a company. Time to start making money.
#bouncehouse #startingabusiness #partyrental

Пікірлер: 45
@alanpalmerin1454
@alanpalmerin1454 Жыл бұрын
My dad would only have 3 bounce houses and would always come to pick them up the day after. No need to kick out kids! I was 6 when he took me to help him. now I'm 15 and going to start his business back up.
@nickolas3750
@nickolas3750 Жыл бұрын
What do you recommend to start with?
@funworldtoyinflatablesforsale
@funworldtoyinflatablesforsale Жыл бұрын
Start business at age?Unbelievable
@jballssquirrel3324
@jballssquirrel3324 2 жыл бұрын
Appreciate the info bro, trying to launch this on the side and stay motivated
@Go4TheGoldy
@Go4TheGoldy 2 жыл бұрын
There are SO MANY different ways to make money in this world and this just proves it! Awesome video, super informational
@Adrian-gd4pv
@Adrian-gd4pv 2 жыл бұрын
This is the perfect start up vid
@Caribart-vz6wg
@Caribart-vz6wg 8 ай бұрын
Thanks for your video great information short and sweet . Thanks
@Thejumperguy8
@Thejumperguy8 2 жыл бұрын
Nothing. But the truth 🙌
@chelseastark3155
@chelseastark3155 2 жыл бұрын
Very informative
@TheRe1nay
@TheRe1nay 2 жыл бұрын
Can you do a video on how to get insurance?
@jasonglass802
@jasonglass802 8 ай бұрын
Could you share your waiver you use?
@edwincordero1810
@edwincordero1810 Жыл бұрын
Where did you buy yours?? Thanks
@TheExcavatorPros
@TheExcavatorPros Жыл бұрын
Why not from china? I have 7 and all from china, and they are really good i also purchase 2 more. I did get all for less then the 8000$ to.
@karinaramirez5331
@karinaramirez5331 2 жыл бұрын
Can you explain a bit how weather plays into this, how windy does it have to be to cancel for their safety
@gersitz
@gersitz 2 жыл бұрын
Manufacturers recommend not doing the install for 20+ mph winds, you can stake and sandbag, but that don’t help if the straps break. Look at the forecast, if it gunna rain, they are wasting their money and its double the work for you
@sherryhousein2244
@sherryhousein2244 2 жыл бұрын
Hi I'm from Trinidad and would like to start my own business can you help me
@M3chaJ
@M3chaJ 2 жыл бұрын
How do you ensure accountability for damaged or stolen bounce houses?
@ethanbaker5987
@ethanbaker5987 Жыл бұрын
I doubt they would get stolen, way to heavy and would draw attention
@intrinsicwizard
@intrinsicwizard 2 жыл бұрын
how did you accept payment, cash and check? what was a typical going rate for your area? what reputable place would you reccomend to buy bounce houses from?
@gersitz
@gersitz 2 жыл бұрын
Cash Credit card through square Check as well I live in the northeast so our season is only 6 months long $150 for standard $200 for combo +$25 for over 10 miles away
@gersitz
@gersitz 2 жыл бұрын
I’m not sure who the top players are nowadays, but check on Tent and Table and Ninja Jump for a start in the right direction
@intrinsicwizard
@intrinsicwizard 2 жыл бұрын
@@gersitz I also want to ask, when you schedule an appointment do you just tell them what’s available and allow them to pick? I’d imagine as a one man operation you’d always be booked.
@gersitz
@gersitz 2 жыл бұрын
@@intrinsicwizard yea, when they call you, ask them what style they want. Then you can mark that one as reserved on your calendar
@gersitz
@gersitz 2 жыл бұрын
@@intrinsicwizard if your always booked… buy more units! Make more money!!!
@Conservative_Pulse
@Conservative_Pulse Жыл бұрын
Did you get a lawyer to write up the waiver to minimize loop holes? Ppl always say any lawyer can find a loophole in a waiver?
@gersitz
@gersitz Жыл бұрын
Yea, everyone says waivers don’t mean crap. Better to have one tho, first line of defense. I think I copied someone else’s waiver, then had a lawyer review it… been a few years
@Eddemnity
@Eddemnity Жыл бұрын
What outlet do you use for electricity. The home outlet or a generator?
@gersitz
@gersitz Жыл бұрын
Home outlet
@Eddemnity
@Eddemnity Жыл бұрын
@@gersitz Thanks
@takueliu3535
@takueliu3535 Жыл бұрын
You said I should not buy from China. May I please know why because I’m in China and I’m considering buying a slide here.
@gersitz
@gersitz Жыл бұрын
Tough to tell what kind of quality your going to get. Sometimes the picture doesn’t match up. Different story if your actually there and can check out the product in person! Good luck!
@ainaiimene8408
@ainaiimene8408 Жыл бұрын
Where do you buy your bounce house from?
@gersitz
@gersitz Жыл бұрын
Tents stable and ninja were my main places
@doctorfpv9574
@doctorfpv9574 Жыл бұрын
Why not buy from China?
@user-sl4di4ul8x
@user-sl4di4ul8x 4 ай бұрын
He wants you to pay as much as he did.
@nickolas3750
@nickolas3750 Жыл бұрын
Do I really need a LLC when I’m just getting started
@gersitz
@gersitz Жыл бұрын
No.
@nickolas3750
@nickolas3750 Жыл бұрын
@@gersitz if I start this as a side hustle, do I need business insurance?
@ethanbaker5987
@ethanbaker5987 Жыл бұрын
@@nickolas3750 technically, but don’t let daddy gov stop you
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