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Product Knowledge / How to start bounce house hire business

[11/29/2011]

How to start bounce house hire business

If you want to start bounce house hire business.You should do it like that.

1:Purchase an inflatable bounce house from a manufacturer or supplier. An Internet search will yield many possible sources. Most companies provide guidance in starting a business and direct you to financing sources. As the business grows, purchase additional models to provide a variety and to service multiple customers simultaneously.

2:Buy or rent a truck or trailer to transport the bouncy house to an event. Each inflatable can weigh more than 100 lbs. A dolly will be useful in moving the equipment at the destination.

3:Secure a storage facility for the bounce houses. Depending upon the number of inflatables owned, the space requirements will vary. The storage facility should keep equipment clean, dry and away from animals that might harm it.

4:Decide on a legal structure and name the business. Possibilities include sole proprietorship, partnership, corporation and limited liability company. The latter two afford protection from claims if anyone gets hurt. Check with the state secretary for registration requirements because they vary by state.

5:Obtain licenses and permits. The requirements vary by state and local jurisdiction. An occupational license is generally required. In addition, some states consider an inflatable rental business a type of amusement park. If so, additional filings and inspections of equipment may be required by the state.

6:Obtain liability insurance to cover accidents that may occur on the equipment. General business insurance will cover damage to the equipment. Consult an insurance agent to determine the amount of coverage necessary. Some states dictate the level of insurance coverage if the business is classified as a type of amusement park.

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