Money Hot Air Balloons

Make a Fortune with a Hot Air Balloon Rides Business

If you love hot air ballooning, maybe you should think about opening your own hot air balloon rides business. This is an extremely profitable way to earn a living doing something you enjoy. Hot air balloon rides are more popular than ever before -- making this an optimal time to go into business for yourself.

Before starting a hot air balloon business, you'll need to become certified to fly a hot air balloon. Many people perform piloting jobs for other companies while saving money to start their own business. The more experience you have with hot air ballooning, the better your business will be.

Cost is certainly a consideration when starting a business, and hot air ballooning is no exception. You'll need land that's zoned for giving hot air balloon rides. You'll need to be licensed by the FAA to fly a hot air balloon. You'll need lots of insurance. And of course, you'll need a balloon. Not to mention the cost of advertising, payroll and overhead. It sounds overwhelming, but if you take things one step at a time, you can accomplish a lot!

You can expect to pay anywhere from $18,000 to $30,000 for a hot air balloon. Essential accessories such as fans, radios, tanks and repair kits will cost you several thousand more. That might sound like a lot, but remember, hot air balloon rides cost anywhere from $100 to $500 or more per person depending on the company and package offered. As you can see, it won't be difficult to earn back your investment by giving steady rides.

Entice customers with special packages. Many people have proposed marriage or even gotten married while on a hot air balloon ride. You could offer a couples' special with champagne and strawberries for a special price. Another suggestion is to tailor certain packages towards the executive crowd -- you'd be surprised how often your balloon gets booked for corporate functions!

Another way to make money with hot air balloons is by featuring a sponsor, or sponsors on your balloon envelopes. The envelope is the inflated balloon shaped part of the hot air balloon that is normally made from fire-resistant nylon in bright colors. The most notable example of this is the Remax hot air balloon, which I personally have seen giving rides at a county fair for quite a hefty price!

In any business, advertising is of paramount importance. You could have the best product or service in the world but without advertising, no one would ever know about it. Broadcast word of your balloon rides business on the radio, in print ads, and even on television. You'd be surprised how affordable television ad space can be and how effective it can be. Also make sure you have a website where people searching for balloon rides in your area will find your business.

With organization, planning, creativity, and the will to succeed, you can have your very own hot air balloon rides business!

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