I have a business idea - basically an indoor playground for kids. Big, clean, safe, with healthy snacks and lots of room for parents to relax. Not a new idea, but I think I can do it better than anyone in my area and there is not a lot of competition in this region. I've been a stay at home mom for six years and have three small kids, so "what parents want" is an area I know well.
My problem is I am having trouble figuring out how it will eventually be a fastlane business? I understand selling franchises would fastlane it, but that seems pretty far away considering I will be starting from scratch.
I have a good chunk of $ to start (about 200K) - do I get investors to supplement and start big (open a few locations at once)? I'm worried I'd spread myself too thin. Or do I start with one location, try to make it very successful and then start opening new locations?
I know this type of business lacks scale. There will be a limit to the number of kids in the space at once and I can only charge a few bucks a kid or else no one will come. I don't want to find myself working 8 hours a day at my indoor playground, serving snacks and counting dollars for a whopping 40k a year or something :smxD:.
So, additional locations is one option. Franchising. Any other thoughts?
My problem is I am having trouble figuring out how it will eventually be a fastlane business? I understand selling franchises would fastlane it, but that seems pretty far away considering I will be starting from scratch.
I have a good chunk of $ to start (about 200K) - do I get investors to supplement and start big (open a few locations at once)? I'm worried I'd spread myself too thin. Or do I start with one location, try to make it very successful and then start opening new locations?
I know this type of business lacks scale. There will be a limit to the number of kids in the space at once and I can only charge a few bucks a kid or else no one will come. I don't want to find myself working 8 hours a day at my indoor playground, serving snacks and counting dollars for a whopping 40k a year or something :smxD:.
So, additional locations is one option. Franchising. Any other thoughts?
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