Tips On Starting A Profitable Nashville Harpeth River Canoe Rentals Company

By Carol Johnson


You can take your love for adventures a notch higher by starting an equipment rentals business. However, to succeed, you need to research and plan accordingly. In the read below, you will learn how to start a successful Nashville Harpeth River canoe rentals company.

You should understand the kind of business that you are about to get into. And so, do your research to establish your target market. Also, you need to determine their numbers and needs. You should also research the existing kayak rentals around so as to know how they are operating. The research should also take into account the opportunities that you can take advantage of.

Choose a perfect location. The place that you locate your canoe rental in will influence determine its success. So, look for an ideal waterfront that is spacious enough and has a building that you can use for storing your vessels. A suitable spot should also not have a strong current, especially when you are looking to also attract young paddlers.

Build a plan. Setting up a business requires planning it well. Therefore, write down your plans and strategies regarding your proposed boat rental venture. You should ensure that you capture the details of your target clients, initial capital requirements and sales projections. Also, you need to write down your marketing plans. You can get help with writing the plan by working with a specialist in small businesses.

You should strive to run your venture within the law. And so, purpose to obtain all the licenses and certifications that your kayak rentals firm will require to operate legitimately. The best place to get information on all the documents you require is your local licensing office. In addition, you will need to get various safety certifications for First Aid and Cardiopulmonary resuscitation.

It will be crucial that you invest in several canoes depending on the size of the rentals business you are establishing. The boats that you purchase need to be of the best quality, durable and aesthetically appealing. You can find good dealers of kayaks around you by searching online. To minimize your capital requirements, you can opt for secondhand units.

Hire workers. You cannot effectively run the business on your own. So, you should hire additional hands to help you manage different aspects of your venture. To get the best staffs, look for people who have vast kayaking experience. They should also carry relevant safety certifications from accredited bodies such as the Red Cross. Some of the departments that you will require staff include reservations, training, inspection and repairs, storage etc.

The strategies that you adopt in marketing your business will impact its success. As a result, come up with strategies that are most ideal for the kind of clients you are targeting. However, your business needs to have an online presence and launching a website will be vital. Printing posters, putting up yard signs and partnering will a few bed and breakfasts around can also bring more clients your way.




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