Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Business Overview
Less than $5,000 will set you up in your own party balloon service. Thedemand for this service is certainly not limited to only children’sbirthday parties. Marketing a party balloon service is best achieved bycreating a colorful presentation to be distributed to all local eventplanners, children’s stores, catering companies, daycare centers,wedding planners and banquet halls.
Likewise, attending localnetworking clubs or chamber of commerce meetings is also a fantasticway to get the message out about your new service. A small amount ofresearch into your local market will assist you in product pricing aswill determining demand and competition in your local community. Shouldyou encounter a great deal of competition, you may want to addadditional services to your enterprise to create a competitiveadvantage. Great add-on services can include a party cleanup serviceand an event planning service. This is a business that can besuccessfully operated from home. However, you’ll require adequatetransportation, as the balloons need to be filled with helium the dayof the event.
The Market
Your customers are anyone throwing an event–a children’s birthdayparty, an anniversary party, a wedding and reception, a businessbanquet, holiday party, etc.
Needed Equipment
A great stock of balloons, helium tank, and large vehicle