Indoor playgrounds are the perfect place for kids to have the fun while parents watch their children gleefully play and meet new friends. These play areas offer a secure location where children can challenge themselves and discover new thing.
There are two options in starting your own: buying a franchise or starting your own independent gym. Once you know which direction your business is headed, it’s time to get the necessary requirements and equipment.
To Franchise or Start Your Own Brand?
The first step is deciding whether to franchise to start your own playground empire. Both paths have its pros and cons, so make sure to do research to know what’s right for you.
Franchise deals with an existing brand that lets you use their resources, but you’re bounded with a long-term contract and is only allowed with little flexibility. On the other hand, establishing your own gives you autonomy over the whole business. From financing to equipment, you have the final say on everything. Although there’s freedom in your self-owned playground, you have to deal with more costs and require devotion to work long hours.
Register the business
Starting a business requires paperwork before the government allows you to operate your business.
In the Philippines, you need to secure your trade name with the Department of Industry (DTI), Securities and Exchange Commission (SEC), or Cooperative Development Authority (CDA). The next step is getting the business permit from the barangay or municipality where you’ll open your indoor playground. You should also secure a certificate of registration from the Bureau of Internal Revenue (BIR) to have the authority in printing official receipts, register books of accounts, and have a separate TIN.
Secure the location and equipment
Your location and equipment should match. With all the equipment you want to install, every piece of it should for the location. At the same time, the place shouldn’t become crowded when the kids start playing with their friends.
Promote the brand
Bring the brand to social media and join groups where parents share ideas or visit local parent organizations where parents’ meet to get their attention and know your indoor playground. You offer them an exclusive pass or a special introductory price for their children to experience your indoor play gym.
Having a safe and fun playground is always the best destination for parents to bring their children along. An indoor playground should be safe and offers different activities for children to have fun. With this, make sure to have durable equipment that can withstand impact and a variety of activities to keep the fun alive. iREC is a playground equipment manufacturer that has over two decades in building and installing with quality and safety. For more information, call +63 47 250 2779 or email firstname.lastname@example.org.