Starting
a Balloon Business
Now that
you've seen all the incredible things you can do with balloons,
you may be wondering, "Could I make this work as a business?"
Absolutely! Either part-time or full-time, balloons are not
only fun, but profitable! Here is what you'll need to get
started.
Know
Your Target Market
Who
are you trying to sell balloons to? It's important to know
because you can't be all things to all people and do a good
job! So, when your business is getting started, narrow your
focus initially and concentrate on a smaller market. Be the
best you can be to one specific type of client (e.g. brides,
hotels, or sales agents). Once you have mastered that market,
expand into another.
Install
a Dedicated Phone Line
You
may need to use your home phone initially, but invest in a
separate business line as soon as possible. When clients call
they are looking for a professional response. Be sure anyone
who answers the phone is trained to answer questions or take
a message. Also, by having a dedicated phone line, it allows
you to install an answering machine to intercept any calls
you are unable to answer. Keep your outgoing message short,
upbeat and professional. When you install a business line
you may be provided a 2-line yellow page listing at little
or no cost. The first line is intended for your business name
and the second for an address. If you are a home-based business
you may want to avoid listing your home address and use this
second line as a great form of advertising. It could read,
"Specializing in corporate events" or "Balloons
for all occasions."
Follow
The Rules
Check local regulations for small business operations. If
you plan on operating the business from your home, be sure
and check that the zoning ordinances in your area will allow
you to use your home for business purposes. Since zoning ordinances
vary between different cities or counties, you'll need to
check with the Planning Department or Community Development
Department of your regional government offices. They'll inform
you of any permits or licenses you may need to operate either
a home-based or storefront business. If you are doing business
under a name other than your legal name, you'll need to file
a fictitious business name statement with the clerk's office
of the county where your business will be based.
Keep
Good Records and Receipts
There
are many advantages to owning your own business. Consult with
an accountant regarding any specific regulations for your
region.
Set
Specific Business Hours
Your business hours don't have to be from 9 to 5, but set
aside a specific time of the day you devote to your business
on a consistent basis. It may be used for design time, paperwork
and bookkeeping, or prospecting new clients. And on the flip
side, take a break from business after hours. Burnout comes
quickly if all you ever do is work, work, work! Taking time
to relax and enjoy life feeds your creativity.
Start
Advertising
Use your vehicle as a constant form of advertising. Either
paint your business name, logo and phone number on the vehicle
or have magnetic signs made that can be used as needed. Either
way, be sure the phone number is large and readable.
Attract
Attention!
Anytime you make a delivery, make it an event! With lots of
enthusiasm, you're sure to attract attention. Carry plenty
of business cards so when someone inquires about the beautiful
balloons, you are ready to leave your card behind.
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