Friday, May 10, 2013

Hot Party Franchises For the Fun Entrepreneur


People have a tendency to draw a stark line between who they are in their personal lives and who they are in business. While many businesses operate this way to create a high level of professionalism at the work place, some businesses function better when the atmosphere is more casual and relaxed, and it can often be very lucrative to choose a job that utilizes your natural personality and passions. One great example is the party industry. The person who is instinctively able to see the big picture for an event, organize people, and throw an exceptional party is not at all restricted to only doing so for friends and family; their services are in high demand in the marketplace, and not just in the specific business of party planning. There are a few different avenues with plenty of business opportunities for someone who loves having a good time and ensuring that other people have a good time too.

Party Planning

Obviously, there are party franchises opportunities in the realm of party planning, because folks of all walks of life enjoy a good party, but not everyone has both the time and talent to organize a fun and functional party. There are two franchise businesses in this $500bil industry that have made their mark by organizing the best events.

One such business is Plan Ahead Events, a franchise opportunity that is known for organizing everything from simple meetings to conventions and trade shows with a solid sense of both professionalism and style. This work from home business takes people with the natural focus and ambition necessary for a good event planner and teaches them all they need to know about finding clients and orchestrating resources to make a great party. Depending on the city you want to operate in and what resources you will need access to from the outset, prices can range from $26,000 to $33,000, which is a reasonable price for entry into what is one of the 50 best industries, according to CNN/Money Magazine.

One Hour Parties is another exceptional name in party planning, in part because they specialize in a corner of the market that few do: the one-hour office party. Birthdays, successful business deals, expansions, promotions, there are a number of great reasons to throw a quick party in the middle of a work day. It keeps up morale without costing anyone a good deal of time, except for the person who has to organize the party. But if a company can outsource that part of the event, business-as-usual is not interrupted. That is precisely where this home based business steps in, arranging the party on the company dollar, not the company time. Very low overhead and shorter timeframes for events make this the perfect opportunity for an entrepreneur who likes to be able to bounce quickly from job to job.

Party Facilities

Party planning is great for some, but others prefer something a little more regular than a business that varies greatly from party to party. For such a person, opening an entertainment franchise for people to come and party on your terms is a great alternative.

Most of us have been to some form of a kiddy play land, designed to engage and entertain children of all ages with various games and attractions. It's a profitable business because kids are always interested in having fun, and parents are always interested in throwing birthday parties without having to clean up afterward. With a Recess franchise, parents, kids, and the franchisee get to "go bananas." There are three different investment levels to choose from that represent different designs that each include a wide array of inflatable attractions, redemption games, and even toddler entertainment. Depending on what will work in your area and what you're capable of investing, there is sure to be a right choice for you.

Sometimes, however, party facilities are a little more specific as to the kind of entertainment they provide. Laser Nation and Monster Mini Golf are two such examples. Laser Nation franchises take advantage of the growing trend of laser tag. The concept is simple: people come in to a location and pay money to play various games built on shooting each other with high-tech laser guns, which is surprisingly fun. With the franchisor helping throughout the establishment of the business and continuing to give marketing resources, a franchisee could easily be set up to schedule birthday parties and family outings for people every week. As fun as laser tag is, though, some people find no party more fun than a classic round of miniature golf, or putt-putt, and none is more fun than Monster Mini Golf, the only place that mixes ghouls and goblins with golf balls. The family entertainment industry is one of the largest and most steadily growing markets available, and with the balance between self-determination and oversight that only a franchise can offer, this may be the perfect way for you to enrich the community, entertain the masses, and make your money all at the same time.

Party Retail

Finally, if actually planning parties or providing the space for them is not your idea of fun business, perhaps offering the equipment and tools for them is. If so, a Discount Party Store retail franchise is an excellent choice that brings parties and retail together. Considering themselves the "Cadillac" of party stores, Discount Party Store helps you make your business all that it can be for the needs of your particular area. Depending on what you can afford and what your store needs, there are plenty of options in size and merchandise that you can choose from, and the merchandise is always second to none, because the franchisor keeps in constant communication with product providers to ensure quality. The words franchise and franchisor here are somewhat deceptive though, because this is not truly a franchise: from day one, the owner is completely in charge of the operation and never has to pay royalties. By and large, it's a good deal.

Whichever aspect of the party industry is your personal favorite, there is a franchise that undoubtedly works with your natural propensity to prepare and throw noteworthy parties. Anything can be a money-making tool, and nothing more so than the business of fun.

No comments:

Post a Comment