mercredi 24 octobre 2018

Tips On Starting Your Own Harpeth River Kayak Rentals Business

By Anna Olson


Many people love the kind of thrill that paddling provides. Therefore, you can cash in on the demand for canoe rentals by starting your Harpeth River kayak hire company. Read on for all the information you need to succeed in the area.

When you want to start a business of any kind, it is critical that you do your research. There are tons of issues that you need to find out about before investing in any venture. Therefore, begin by considering the number of people who are looking to hire kayaks in the area you want to set up your company in. Also, you should consider the kind of vessels that they are looking for. Still, you should take into consideration the number of other canoe rentals around.

Draw a business plan. Prior to setting up your canoe rentals firm, it is important that you create a business plan. The document should include all the elements that are essential to opening and operating your company. These include the required capital, equipment, and staffs. Also, you need to draw up a plan on how you will enter the market, reach out to your potential clients, grow etc.

Choose a location. Finding the ideal spot for your canoe rentals business is important to your success. So, look along Harpeth River for a great place to set up your company in. Ideally, you should select a location that is close to the water and has a favorable current. Such a spot will be conducive for both new and experienced paddlers. Also, you need to look into zoning regulations when deciding on a location.

Licensing is another critical issue to take into consideration when setting up a new company. Therefore, reach out to the local municipal authorities to find out about the minimum requirements for licensing of canoe rentals. You will also need to get the health and safety certifications that a business like yours requires. Getting appropriate insurance covers for your venture will be vital too.

To fund your kayak rental venture, there are a couple of financing options that you can explore. These include seeking a loan from your bank or any other lender. Most lenders will ask for your business plan so as to verify the viability of your startup. Other ways of funding your startup include borrowing money from family and friends, working with an investor and using your personal savings.

To succeed, it is important that you provide your clients with a variety of high-quality kayaks to choose from. As a result, you need to do your research so as to buy the best vessels. The website of the America Outdoors Association has a list of suppliers of both new and used canoes. The organization also lists sellers of various canoeing equipment such as paddles and safety gears.

Hire staffs and conduct extensive marketing. To run a successful canoe rentals business, you will need to hire quality staffs. Also, you will need to promote the venture in a variety ways so as to reach out to your target customers. Such ways include using different social media platforms and launching a website. Also, you can print and distribute posters, flyers and work closely with nearby accommodation facilities.




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