How To Start An Inflatable Water Park Business？

How To Start An Inflatable Water Park Business?

If you want to learn more, please visit our website water slide park manufacturer.

How To Start An Inflatable Water Park Business: A 14-step Guide

Floating inflatable water park activities are loved by people all over the world, especially in Australia, the United Kingdom, France, Latvia, and other European countries. During the summer in Melbourne or Perth, you may not see many people on the street, but you will see many participating in these activities. Some parks even receive more than 1200 visitors per day during the summer holidays.

Though it's a very profitable business, there are some challenges. However, with proper strategy and planning, you will be successful.

1. Find a Proper Location

Finding or establishing a good location is crucial for the success of your inflatable water park business. Many water park owners consider multiple locations before deciding. A good location should have clean water, with at least part of the area being 2.5m deep. This depth allows the use of larger attractions, which are often the most appealing. If you're digging a lake for your park, consider making some areas 4m deep for future large attractions. Additionally, ensure a lease contract of at least 4 years and a sufficient number of potential visitors.

2. Conduct Research

Once you've resolved the location issue, conduct thorough research. Consider the following questions:

• Who are my potential customers? What age groups do they belong to?
• How many potential customers might visit daily?
• What is the willingness to pay for a ticket?
• How do other inflatable water parks operate? Visit 2-3 parks in your country to observe.
• What will the costs be, including water area, labor, equipment, facilities, advertising, and registration?
• What is my budget?
• What supporting facilities or services are needed?
• What is the estimated payback time and subsequent profit?
• Are there any nearby competitors? What are their strengths and weaknesses?
• What are my strengths and weaknesses?
• What equipment will attract potential customers of all age groups?
• Which advertising platforms should I use?
• Can I obtain public insurance?
• What risks are involved, and how can they be mitigated?
• What is the probability of success? If I fail, can I afford the loss?

Conducting this research will help reduce risks and uncertainties by providing a better understanding of the conditions.

3. Write a Business Plan

Develop a detailed business plan based on your research. If you plan to seek a business loan, the more specific your analysis, the more confident lenders will be.

4. Secure Funding

During the business plan stage, you should have already calculated the necessary costs. If a loan is required, consider the timeline for securing the funds.

5. Prepare the Final Layout of Your Inflatable Water Park

After researching prices for equipment, double-check your choices to ensure they meet your needs. Consider capacity, safety, fun factors, and the reasonableness of the combinations. Request a final layout with dimensions from your supplier for obtaining permission and buying insurance.

6. Apply for Permission and Obtain Insurance

Apply for the necessary permits from the local council. It's advisable to include relevant keywords like water park, water sports, and aqua park in your company's name for easy recall. Also, inquire about public insurance costs and conditions.

7. Open a Business Bank Account

Open an international business bank account in your local currency and US dollars, as you might need USD to purchase equipment from abroad.

8. Order Inflatable Water Park Items

Once all previous steps are completed and the timing is right, place an order with your supplier. For guidance on choosing a suitable supplier, refer to these articles:

Need more information on water park equipment in guangzhou? Contact us.

https://www.bouncia.com.cn/how-to-choose-the-right-floating-water-park-supplier

https://www.bouncia.com.cn/which-type-of-inflatable-floating-water-park-supplier-to-deal-with

9. Recruit Employees

Once you have permission to open, recruit necessary staff including marketers, lifeguards, ticket sellers, customer service personnel, and managers.

10. Train Staff

Before opening, train your staff according to their job descriptions and responsibilities to ensure they are competent for their roles.

11. Make Advertisements

Advertise on platforms like Facebook, Instagram, and TikTok where your potential customers are present. Use appealing images and videos to attract customers.

12. Prepare Anchors for Your Inflatable Water Park

You can use concrete blocks or metal anchors. Concrete blocks are more stable and prevent rope entanglement, making them preferable for parks that do not need frequent relocation.

13. Install the Park

If concrete blocks are pre-set, installation usually takes less than a week, but reserve two weeks due to weather considerations. Check weather forecasts and choose days without wind or rain. For more details on installation, visit https://www.bouncia.com.cn/how-to-set-up-an-inflatable-water-park.

14. Put into Trial Operation

Conduct several days of trial operation, including weekends, to identify and resolve any potential issues. Test visitor numbers, flow processes, and promotional methods. Collect and utilize feedback for improvements.

This 14-step guide provides foundational knowledge for starting an inflatable water park business. For further queries, feel free to communicate with the author of this article.