However the business is totally weather sensitive and when the sunshines nobody comes in, but the bills still have to be paid.
During the week when the kids are in school, customers can be very limited and with social pressures many little ones are in day nurseries (have a look in yellow pages at how many day nurseries there are).
Please get an independant study done on your business proposal, that looks at demographics, competition (and not just other soft play centres).
Do not let the manufacturer give you this sort of advice or prepare your business plan as the want to sell you play equipment!
"Play centres generally have large setup costs, low profitability and relatively poor returns on capital" The overheads on these places have dramitcally increased eg minimum wage, business rates, utility bills, and insurance premiums all that you have no control over.
All of these pressures and then you are dealing with the general public - stressful at times and you can not please all the people all the time.Let’s discuss the business plan from concept to reality.Step one Have a thorough research If possible visit a similar project that you have in mind like kids play centre or crèche.PS - It sounds like I am moaning but actually I succesfully run 3 playcentres and I think too many people are going into opening playcentres without knowing the whole truth, investing vast sums of money and many people are regretting doing it but are so tied up with the finance they can not walk away. Know the likes and dislikes of whatever age group you decide to serve.Her experience extends to both corporate and freelance; she's a former Senior Editor at the B2B publication Accounting Today, writing about public accounting firms with a specialization in diversity, technology, best practices, and business development.During her tenure, she was also co-founder and editor of Accounting Tomorrow, a blog focused on intergenerational workplace issues that is still thriving today.Avoid being on out of town areas as you will get no walk in trade and there will be no buses, you can not assume everybody has a car.Parking is a massive issue and 50 spaces is a must - Usually 1 child needs 1 parking place.Most recently, Liz has been writing about accountants working in the cannabis industry on CPA Trendlines and reporting on cannabis trends for Southern Oregon Good Herb magazine in Oregon.Indoor soft play areas are a rapidly growing business in Indian entertainment industry.