Everything you need to help start your own full or part time children's fun entertainment business for free.
Useful business advice, help, ideas and tips to get your new children's fun entertainment business venture started and running.

START UP A CHILDREN'S ENTERTAINMENT BUSINESS

STEP5. EXPANDING - GROWING

Time to expand your entertainment business
If you've come back to read this section you're probably considering expanding and growing your children's entertainment business further. Most successful businesses whatever type come to a point where they have to start turning away work due to simply not having enough entertainers or face painters to go round. Your bookings are probably increasing and you wish that you could be two places at once or holding two separate performances at the same time but is it the right time to think about growing and expanding your children's entertainment business?

Up until now you've been a one man business or working with your partner, bringing in a steady, reliable income from your business, your finances are under control and you have built a good profitable, easy to manage children's entertainment or face painting business but at this moment you are torn between the safe, reliable business and the risky entrepreneur urge to expand. Do you stay as a small business or do you take the plunge and grow your children's entertainment or face painting business further?

Expanding any business is a hard decision to make no matter how confident you are about the availability of future bookings. With increased expenses, increased borrowing and staff wages to pay, expanding can be a big headache. Hopefully we can give you a few useful pointers and raise some issues that you may not have considered before you take the plunge to expand your rides and amusements hire business. To continue reading on please use the key points navigation bar.

KEY POINTS

Time to expand
Your bookings are increasing, but is it the right time to think about growing your business?
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Expenses will grow
Is it possible to expand your fun business without increasing your outgoings?
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Financial planning Plan your finances before you take the leap and expand your business.
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Diversify
Can you add other types of activities your business?
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Employing help
You can't keep doing everything yourself and you will need to employ at some stage.
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