How to Start a Skate Park Business

Skateboarding is becoming increasing popular, and as result there is a demand for more skate parks. Starting your own skate park business can be a challenging endeavor that involves several steps. However, with the proper research, sufficient funds and persistent effort, it can become a huge success.

1. Decide what type of skate park business you want to start. Choose whether you want an indoor or outdoor skate park for skateboarders. Also decide on the one main focus for your skate park. You may want to start a skate park specifically for street skaters, or you may want to cater to the vertical skateboarding crowd. You may decide to start a park that serves both styles of skateboarding.


2. Take care of legal issues. There are certain legal requirements that need to be satisfied before you can start and operate any business. Visit your local country clerk's office to learn how to register your business and obtain all the necessary legal documents you need to operate a skate park business. Consult an insurance agent to purchase the right insurance plan for your skate park business.


3. Secure funds for your skate park. There are many ways to raise the money you need for your skate park business. You can approach banks, credit unions, private investors or apply for grants. You can also contact the Small Business Administration for assistance in obtaining start-up capital for your business. Make sure you take advantage of their free business counseling and advice to learn how to make your skate park business a success. 


4. Find an appropriate Site. Choose a location that is easily accessible and has adequate parking. Consult with a proficient skate park designer to assist you find a suitable site for the skate park. A skate park designer can also help you in other aspects such as establishing a budget, obtaining building permits, insurance, bonding, and constructing your facility.


5. Hire an architect to build the skate park. Contact and hire an experienced architect to do the actual construction of the skate park. Work closely with the designer and architect to ensure the park gets built to your specifications.


6. Establish rules and regulations for your skate park. It is important to maintain a safe environment so users can enjoy your skate park. Create a waiver that users will be required to sign so your business is not liable should someone get seriously injured. Also, encourage or demand use of protective helmets and padding inside the skate park in order to reduce risk of serious injury.


7. Promote your skate park in as many ways as possible. Advertise your skate park all over town and let the local skaters know where your park is located. Call up everyone you know and encourage them to spread the word about your skate park. Distribute fliers around town. Notify local news organizations, newspapers and local businesses. Also, promote your skate park using social networking sites like Twitter, Facebook and many others.