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Just about every party from wedding receptions to Bar Mitzvahs require balloons. As long as people celebrate, there will be a market for the balloon businesses.
If you think it would be a blast to offer every type of balloon, from inflated foil character balloons tied with bright ribbon, to a bouquet of latex balloons for a high scale function, then you might consider starting a home based balloon business.
How to Get into the Balloon Business
When starting a profitable balloon business, you first need to make contacts with balloon suppliers, and stock up on a great supply of balloon and ribbon supplies.
You also want to make contact with a reliable helium tank supplier, as helium balloon orders are typically the most popular balloon purchase.
Set up an office area complete with computer, filing system and phone. You will need to keep customer's orders organized, as well as your inventory and your revenue.
Skills Needed:
Knowledge in balloon sculpture will definitely benefit your balloon business. You will sometimes be asked to not only blow balloons up, but also twist them into specific shapes or form them into balloon bouquets. Skill in making specialty balloon creations, such as balloon arches often used for weddings, will add to your marketability.
Marketing skills will also be important in putting together a strong advertising campaign including flyers, pamphlets and newspaper ads. Many people plan parties with the assistance of the internet. Skill in web design will allow you to put together a catchy website for your balloon business that is sure to attract tons of business.
Communication skills are important as you will often be dealing with people stressed by party plans. Being able to keep people calm and happy while providing your balloon service will keep the referrals rolling in!
Experience Needed:
Experience in handling balloons is very important in running a successful balloon business. Consider taking a workshop in balloon sculpture, as well as consulting instructional videos, so that you can perfect your balloon sculpting techniques.
Business experience, and experience with bookkeeping will be helpful when handling orders, inventory and time tables.
Startup Requirements:
Once you get a healthy supply of balloons, ribbon and helium, you are ready to start a strong marketing campaign and drum up some business.
Make sure you have a reliable vehicle with enough room to deliver batches of balloons if you plan to offer delivery services with your balloon business. And soon you will be making a profit by selling balloons with your home based balloon business.
Resources:
The Balloon Association
International Balloon Association
Be Sure to visit our Business Start Up Guide for information on starting your business
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