How to start an indoor skatepark

As a guide I thought I would break down what a novice would need to do to start a skatepark from scratch.

1. Formulate a plan - how will it work, who will work it, how will you pay your bills, what business structure (tax and liability issues) will you have?

2.  Do some research - Do you even know where you could put a park?  What are the costs per month of the building? taxes? parking? how will people get there?  How many skaters are there, and how many of these will pay to skate?

3. Get your finances in order.  Do you have money?  Do you have enough to exist for 6 months without earning a cent?  How long will you be able to have expenses without making money before things will get stressful?  The longer you can last, the longer you will last. You will need build up time with lots of expenses and no income.  What happens too if people are slow to respond? Plan for the worst case scenario, and work for the best.  Can you spread your own finacial liability out with other investors?

4.  Market before you have anything going.  Start the buzz early.

5.  Plan for a media blitz for when you open, get all the free press you can.  Invite web, print, tv to your place.  Have an "event".

6.  Maximize your revenue.  Don't just rely on skateboarders to pay the bills.  Sell food, stuff, lessons, rentals, private park hours, party rooms, party events, christian events, before and after school events, camps, demos, advertisements, group lessons, what every you can.  There is no shame in making this business work by selling things, this is your business, you have to pay yourself, your taxes, lights, sewer, trash, etc.

7.  Keep it clean, think of the parents.  Parents want a safe place for their kids, they are the ones footing the cost of this place.  Make them happy with a nice place to watch, use the rest room, read whatever.  Sell them things while they are there.

8.  Network - skateshops, other parks, parks departments, community service, police, whomever can help you get people in the door.

9.  Keep good track of your expenses.  This takes time and effort.  Make sure you have a good system to record data for you, what sells, what doesn't, who comes, who doesn't.  Use your data to improve your business.

10.  Hire good people who are kind yet firm about helping you stay in business.  Free only means you paid, not them.  You aren't competing with free, free offers nothing but ramps and rails, you offer lights, food, supervision, air conditioning, heat, a phone, a pair of eyes that are ready to help if someone is hurt. This is worth money and people need to understand this.

11.  Free yourself to do business things - If you are spending all your time at the park, hire someone to help you do the things you need to do.  Spend some money.  Is your money better spent hiring someone to man the front, or design an advertisement?

12. Celebrate your members!  Make them want to belong!

Insurance article worth reading!

Here is an article that is worth looking at on insurance and one person's work to insure skateparks.  Check it out.  http://www.insurancejournal.com/magazines/mag-features/2010/04/05/159513.htm