Creating a Trampoline Park Franchise Business Plan
Date:2017-12-10 11:02:48 Views:570
There are several different business plans (business models) in the trampoline park jumping space. You will need to research your demographic market to zero in on exactly who your customer base should be. You could look at younger customers, middle-aged, or even seniors. Most trampoline parks target users from ages 5-25, or 10-30. There will be roughly 50-60 attached trampolines in the main area, providing about 12,000 square feet for 200-230 jumpers at one time. The trampolines are connected and safety cushions make up the jumping area perimeters. Jumpers who lose their balance will naturally fall onto an adjacent trampoline or a perimeter cushion, no matter what direction they fall in.
Your mission statement and goals, along with your financial, marketing and bulleted action plans must be plotted out logically and thoroughly. This must be accomplished without excessive and boring unsupported exaggerations (self-written, inflated, and ludicrous self-aggrandizements). The banking industry brags to their colleagues at their own trade shows and seminars about how funny and entertaining self-written business plans are. They actually joke about how many seconds it takes them to file a business plan of this type in the recycle bin. The average is currently 22 seconds. I am kidding, of course. I would not waste my time actually researching that.
The mission statement describes your reason for existing, while objectives give broad targets to reach and specific methods you will use to reach these goals. Finally, the financing and marketing plans provide detailed information on specifically how you intend to achieve the mission and goals statements.
One more critical piece of advice: Every single number in your feasibility study must exactly match and be fully supported both internally to the feasibility study and in conjunction with your business plan. This is absolutely necessary if you are serious about obtaining the funding required for your trampoline park business venture.
original article please refer to https://frank-thecrank.com/opening-a-new-trampoline-park-is-like-jump-starting-your-car/