Owning your own indoor play centre/soft play/amusement centre for children is a dream that only comes reality for a small percentage of those who look to enter the industry.
Setting up a business, especially one connected with children, and the associated safety concerns, can be daunting. Everything from Risk Assessments, Planning Permission, Design and Maintenance to arranging Bank Loans can seem like a minefield.
The most important thing for any potential operator, is to research the local market place in as much detail as is possible, taking into account local competition both direct and in-direct.
The overheads on these places have dramatically increased eg minimum wage, business rates, utility bills, and insurance premiums all that you have no control over.
The most important thing to remember is that the point of a business is to make money, so financial considerations must be at the top of your list.
The start-up expenses will include, play equipment, payroll, utilities, legal services, debt service and office materials needed for the facility.
Long-term assets will include most play equipment, service counter for the cafe area. Current assets might include furniture, lighting fixtures, some of the less durable play equipment, and appliances for the cafe area.
Mintiers Financial steps in to help you keep a control of your finances by offering the right Accountancy/Taxation advice while you are busy keeping your business premises clean till you close and run it efficiently.