Growth!
#21
Posted 14 October 2008 - 04:28 PM
Thankyou Reaper for always giving us great words of wisdom
- vidmagas, Mandyzvi, CpgtsHeR and 4 others like this
#22
Posted 14 October 2008 - 09:30 PM
#23
Posted 18 October 2009 - 06:37 PM
We are developing our business plan this fall so that we can start with a little guidance next spring. I love to make Excel charts, crunching numbers every which way. And as I learn more about the business (mostly here on the forum), I can crunch new things with the older data and get a whole new set of crunchalets that I need to figure out how to pin down. I am continually thinking that I finally got everything all looking good. I am continually finding out that I don’t have everything looking quite as good as I thought/hoped.
Sometimes I try on different scenarios just to see how they fit together.
We're already trying to determine which direction we want to take the company. Sure, first year is concentrating on residential and smoothing out operations and procedures. But I keep thinking about movie screens and backyard cinemas. I know we are not going to start with it the first year, but I kinda want to pursue that avenue. Oh, and I keep thinking about hot tubs. And should I move south for the winter and try to generate a little more revenue, or should we buy them top-dollar Ninja Jump graphic bouncers or should we buy cheaper Chinese modular units. My heart wants to go with eInflatibles and Ninja Jump, but the crunchalets are screaming, "Moon-Walker Sales! Moonwalker sales! MOON---WALKER---SALES...MOONWALKERSALES!!!"
I hope that if I can only absorb one bit of wisdom, from this topic, it is that we should follow our plan for our business before we follow the customers’ plan for their whims. Yeah, I bet that if come June we ordered everything that our customers wanted, we’d be up a smelly creek in a leaking inflatable.
I love all of the input around here. Yes, even the bantering and even the whining, for it gives me more of a well-rounded feel for the business, but posts like this give me a more tangible grasp on the business.
It's all good.
Thanks again,
Pat
- Jaydenspartyrentals likes this
#24
Posted 05 November 2011 - 10:55 PM
#25
Posted 06 November 2011 - 07:54 AM
#26
Posted 06 November 2011 - 08:24 AM
Well it is a great post but I'm a little different. I started with just a speedpitch booth and I made everything work. I really didn't have much of a plan except I was super stressed at work and needed to do something different. This is how my adventure began and it's been a wild ride. I see what I like and check around to see if I can use it. Then I adapt it to my business. Not the best business plan but that's the way I'm programmed. I do have some things that didn't work but I think we all do. Last year I got some inflatables and it's been ok but I have a lot of p2p so these are just the fluff in my business. These are to help build a little extra thru the week and weekends. Also they help my sons be a part of what I do.
You sound like that dude eating an apple or something in his garage that recently passed away as a billionare. I wonder what his business plan was sitting in his rented garage?
Ok, I got to go check my coming weeks business plan on my Iphone, write up some offers on my apple laptop and will later relax listening to my ipod.
#27
Posted 06 November 2011 - 10:37 AM
Attached Files
#28
Posted 21 February 2017 - 01:17 AM
an oldie but a goodie!
#29
Posted 10 August 2017 - 02:00 PM
I'm just starting out. Thanks for the excellent advice. This is one of the first posts I've read. Looking forward to all the information I can soak up here.
http://totallytikisandbounces.com
#30
Posted 12 August 2017 - 06:53 AM
Great Post. Newbies should take heed. We just started our 20th year, am happily retired from my full time job, so have a retirement check coming, health and life insurance paid for.
We are very happy where we are, 20 units, dunk tank and concessions. We dont worry if everything is not rented out every weekend. Sell off a few each year, and replace them.
hard work, but we love what we are doing.
Best of luck to everyone.
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