4 of commonest mistakes that people make while getting into the bouncy castle business |
Posted: July 28, 2017 |
The bouncy castle hiring business is a lucrative one indeed, provided one can do it the right way with a duly organized financial plan and a clearly defined goal. Are you intrigued to start a bouncy castle business of your own? That’s great! But before you go head-deep in this challenge of yours, you need to be aware of a few mistakes that bouncy castle businesses usually make at the initial stages of their operation. In this article, we have come up with 4 of the commonest mistakes that bouncy castle businesses usually make at the beginning stages of their operation. Do go through them as thoroughly as possible, and try to make it a point to not repeat the very same mistakes in your business that you are going to start in the very near future. So let’s begin. 1. No proper planning You just can’t win a game with your enthusiasm, energy and hard work alone. You need to have a proper execution plan (and a backup plan as well in case the primary plan fails). We have seen many bouncy castle businesses fail as a result of this. Ensure you don’t follow the same footsteps. 2. No realistic financial budget This is another mistake that’s reeks of trouble from the word “go.” Many bouncy castle businesses start with an unrealistic budget, or in certain circumstances, they start with even no fixed budget at all. Overspending and underspending happen as a result of it. Both of them are capable of destroying the business to the core. If you think both of these situations can make or break you, here’s a quick piece of advice for you. DO NOT take chances. Both overspending and underspending are NEVER going to make you. They are going to break you for sure. Your business will cripple itself in no time. 3. No online presence Most bouncy castle businesses have this strange belief that an online presence is primarily needed for businesses dealing in IT products or services. If you nurse the same belief in your bouncy castle business, you would definitely be in a world of hurt. Why? We’ll explain that with an example. Sam wants to sign himself up for a bouncy castle hire in Sunderland for his son’s birthday. Do you know what the first thing he would do to fulfill the procedures? He would either get onto his cell phone or his laptop/desktop and get himself on to the internet. He would go to Google and search for bouncy castle hires nearby (specifically the ones in Sunderland). He is more than sure of getting one among the thousands of results that are going to pop up on his device. He would get the contact number next, ring up the dealer and if everything goes fine from both ends, the deal would be fixed in a jiffy. It won’t even take an hour. You honestly can’t find something more convenient than this. So you see if you don’t have an online presence on the World Wide Web, you will miss out on a whole lot of customers and your business would suffer badly in the long run. Hence, the advice is to go for a website ASAP. Yes, it would cost you a few pennies at the start, but the expense is definitely worth it. 4. Too many or too little employees Many bouncy castle businesses don’t do the research that they should have done before the start of their business itself. They should have pinpointed their primary area of operations first, the ones that just cannot be fulfilled without the aid of a human being. Ones they pencil them out, their priority should be to hire full-time employees for those particular spots only. Part-time jobs should be reserved more for seasonal and temporary work. Too many businesses wither away as a result of hiring too many or too little employees. As a result, salary constraints and lack of efficiency become a factor; something that can kill them in the long run. So that’s basically it then. Hope you take the above-mentioned mistakes in consideration and try your best to avoid them in the nearly foreseeable future. We wish you the very best of luck with your career. For more details you can visit http://www.premierbouncycastles.co.uk
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