25 Nov Setting Up Shop
Having assisted so many small business owners set up their first float centres, we here at Pro Float know a thing or two about what it takes to enter into this industry. Setting up shop isn’t as easy as buying the equipment and opening your doors. It takes quite a bit of planning and preparation.
To give you a better sense of some of the steps it takes to open your own float centre, we’ll take you through the process. But before we get started, we’d just like to remind everyone reading this that if you are interested in opening up your own float centre, contact us today.
Alright, without further ado, here are the basics to opening up your own float centre.
1. Understand what you’re signing up for
This goes for anyone thinking about opening a small business, regardless of industry. Setting up shop takes a ton of money, a ton of time, and will test you in ways like nothing else ever has. But that’s what will make this one of the most rewarding experiences you’ve ever undertaken. Once you get through the initial phases and are finally open for business, it’ll have all been worth it.
2. Shop around for a space
When deciding where you should set up shop, there are a few things to consider. For instance, depending on what part of town you’re in, rent will be more or less expensive. Knowing how much you will need to put aside each month will give you a better understanding of how much revenue you’ll be required to make at minimum. Moreover, knowing your location will help you prep for what kind of marketing campaigns you will execute on in the future. Ask yourself what kind of people are in the area and how you’ll attract them to your centre.
3. Create an identity for your float centre
Now comes the fun part. Chances are you’ve already come up with a name, but now you get to create all the other aspects of your centre’s identity. Decide on things like your aesthetic, logo and interior of the storefront. Secure your social media accounts and a website to go along with it. Creating buzz before you’re open is an integral part of an effective launch.
4. Decide what type of tanks you’ll be using
Float pod, room or cabin? We can’t recommend the Pro Float Cabin enough, but it’s up to you to do your research. The actual float tanks will require most of your capital when starting off, so make sure you know exactly what you want. Look up brands, compare prices, and talk to people at other centres to see what they think.
5. Find a float manufacturer and distributor
6. Contact your local health department
You need to do more than just get on the good side of your local health department to pass this step. You need to prove to them you’re operating in a safe and sanitary environment. The health department has the power to shut you down at a moments notice, so it’s best you clear all this up from the beginning. Familiarize yourself with pool sanitation and float tank practices before you start speaking to the health authorities. Once you’re up to speed, contact them at your earliest convenience and find out what you need to get finished before you can get the go ahead.
7. Acquire financing
As is the case with most small businesses owners, you’ll likely be relying on a bank or investor to help finance your float centre. A well thought out business plan is key to convincing your benefactor that your concept and business model is worthy of backing up. All of the work you have already done previously – such as projecting the cost of the equipment and your monthly rent – will all contribute towards putting together a great proposal.
Keep in mind, we’re just scratching the surface here. For more information on how you can set up your first float centre, contact us today.