Paintball courses have become a famous activity and business idea across various generations. Business minded individuals who have ventured into these types of paintball course businesses are gaining the fruits of having multiple revenue streams, low operating costs and high profit margins, making this industry a very lucrative one. A wide selection of startup capital can being your first paintball course business, but depending on the scope of the design, you can run this business with affordable costs.
Costs Of Building The Field
When beginning to build the paintball course, the costs associated to this phase can be your lowest or they could be your highest. When doing so, you are at least required to have a medium-sized field to be able to run the business. Leasing a portion of land is required to begin the business, as well as building a small storage area for your equipment and for your administrative work. Indoor arenas for your paintball courses will have higher rent fees and higher building costs. When you have leased out a land, the primary building cost you have are the setting up of the obstacles around the paintball course. You will determine for yourself which type of obstacles you will have as you go through the paintball course. You might need to budget around $14,000 when dealing with these pre-made packages. You can save a significant amount of money if you construct the obstacles yourself for the paintball course.
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How Much Will Equipment Costs?
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Because paintball courses are special types of outdoor leisure sport, many people do not have personal paintball equipment and they will need to rent these out from you. These equipment include cartridges, guns, paintballs and protective gear. The total calculated cost of investing for the paintball course equipment depend on the quality of the supplies, but specialists have estimated it at around $100 per person. If you do wholesale shopping, these equipment will save you a lot of company, compared to buying them individual. Otherwise, you can opt for the more expensive items but they will be durable enough to save you the money in the long run. Make sure that you complete the equipment for each member of the two, for at least two groups. In addition to this, you will also need to invest in basic office supplies and first aid medical kit for injuries along the game.
Hiring Employees, Taxation And Insurance Costs
Depending on your paintball business type and guidelines, you may need to hire employees for the course. These employees will be better off as independent contractors to avoid problems such as withholding taxes from payrolls and thinking about taxes. You will have to allot some $8 for each employee per hour, as per legal conditions.