Tips On Starting Your Own Harpeth River Kayak Rentals Business

By Anna Olson


You can share your love for paddling by setting up a business that rents out canoes in your area. However, before opening shop, there are a few things that you need to learn. Keep reading for tips on starting your own Harpeth River kayak rentals business.

Do your market research. You need to be sure that the business you are looking to start is viable. Therefore, establish the existing demand for kayak rentals in your area. Also, you should look into the kind of services that many paddlers are asking for. In addition, it is imperative that you study your future competitors to understand their operations so as to draw up your market entry plan.

It is also vital that you create a business plan for the company you are looking to open. The plan that you draw will guide you in starting and running your venture. Therefore, it needs to be comprehensive and contain all the most critical aspects of what you want to do. Some of the things that you need to plan for include your initial capital requirements, operational and growth strategies.

Choosing the best location for your canoe rental venture will be important. For this reason, you need to search for an ideal spot along Harpeth River to set up your company. The best spot should be in close proximity to water and should be easily accessible to your target clients. It is also important to choose a place that is closer to guesthouses, bed and breakfasts and hotels.

Get legit. To avoid running into trouble with the local government agencies, you are advised to obtain the required licenses. Also, there are a number of certifications that your kayak rentals firm will require. Getting legit and adhering to all the set regulations is essential to avoid any costly penalties. Still, you should work closely with an insurance consultant to find out about the kind of covers you require.

There are a couple of means by which you can get the amount of money you require to set up your kayak rentals company. If you are looking to begin small, consider using your personal funds and even borrowing some money from loved ones. Alternatively, you can seek to partner with an investor or look for a loan from your bank.

You will need to buy several canoes in varying sizes to suit the needs of different clients. Therefore, shop around to find good sellers of quality vessels, paddles, and other equipment. The best way to identify reputable dealers is through searching online, especially by using the website of the America Outdoors Association. Ensure that you invest in kayaks that are of good quality.

Before opening shop, you will need to hire staffs to help you run your company. It is vital that you pick on people who are seasoned kayakers with good training skills. Also, you will need staffs that can handle inquiries and take reservations from your clients. Finally, you will need to promote your business aggressively through launching a website, using social media, distributing flyers and partnering with local hotels.




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