Welcome to Episode 9 of the Own & Run Family Fun for Profit Podcast. In this episode, we're here to help you navigate the complexities of the family entertainment business. Join us as we discuss strategies to reduce liability in your parks and prioritize safety for your guests.

Show Notes:

0:55 - Ensuring Park Safety 
Discover the critical aspects of reducing liability in your parks. We'll explore how to minimize both the number and severity of claims and the importance of establishing a safe park environment.

2:21 - Preserving Your Miniature Golf Course 
Learn about the potential hazards associated with concrete in your miniature golf course and how to address them. Ensure that your park's infrastructure is not a safety concern, and maintain a visitor-friendly environment.

3:45 - The Importance of Safety Inspections 
Tim highlights the significance of black-lighting and proper painting to ensure a safe park. Effective hazard identification is crucial from an owner's perspective to maintain a secure environment.

7:14 - Identifying Potential Hazards 
Discover how even seemingly minor issues like a leaky air conditioner can pose trip hazards and increase liability. Learn to proactively address potential hazards in your park.

Exciting Giveaway! 

Don't forget to participate in our weekly giveaway! By posting a review on iTunes, you could win tickets to a fantastic show.

Join us in this informative episode of Own & Run Family Fun for Profit as we delve into the world of liability reduction, safety prioritization, and ensuring an enjoyable experience for your guests. Tune in and take your family entertainment business to the next level!

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

Welcome to Episode 8 of the Own & Run Family Fun for Profit Podcast. In this exciting episode, we'll explore the intricacies of evaluating your current business as an opportunity and discover strategies to maximize its profitability.Get ready for an engaging discussion on the challenges of assessing your existing business as a lucrative opportunity. 

Show Notes:

1:29 - The Key to Attracting the Right People 
Discover the essential element for success: attracting the right people to your business. Learn how to align your team with your core values to ensure success and growth.

3:20 - Embracing Core Values 
Explore the importance of integrating core values into your business culture. Tim shares insights into Boomers Parks' commitment to social responsibility and how it resonates with their team members.

4:56 - The Significance of Giving Back 
Learn about the Nectar Nectar program and how it rewards team members who go above and beyond. Discover the value of providing a clear career path for your employees.

6:18 - Finding the Perfect Team Members 
With 30 years of experience, Boomers Parks demonstrates the importance of having the right people for your facility. Hear inspiring stories of their dedication and care for others.

Don't miss our weekly giveaway! One lucky listener who posts a review on iTunes will have the chance to win tickets for you and your family.

Join us in this informative episode of Own & Run Family Fun for Profit as we dive deep into the world of business evaluation, core values, and the importance of assembling the perfect team for your venture. Tune in and take your business to new heights!

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

Welcome to Episode 7 of the 'Own & Run Family Fun for Profit Podcast'. As you stand at the crossroads of the family entertainment landscape, trying to evaluate your business's worth and direction, who better to guide you than an industry titan? Join Tim Murphy, CEO of Boomer Parks, as he delves into what makes theme parks tick, ensuring repeated footfalls and lasting memories."

Show Notes:

0:02 - Navigating Theme Park Challenges
Embarking on a journey to understand the nuances of evaluating a theme park? Let Tim Murphy demystify the maze of the family entertainment business.

1:11 - Decoding Disney's Dominance
The benchmark of success in theme parks, Disney stands tall. Explore why it remains unrivaled in guest services and tops most industry surveys.

2:52 - Experience: The Ultimate Magnet
More than just rides, it's the indelible memories that beckon guests. Discover the game-changing potential of augmented reality and how it's reshaping the theme park landscape.

4:01 - Roller Coasters vs. Consistency
While the allure of new rides can be tempting, consistency in experience is paramount. Delve into the fine balance between innovation and maintaining an unwavering quality.

5:36 - Smart Investments in Park Maintenance
Tim weighs in on the quintessential dilemma: Is there such a thing as investing too much in park enhancements? Unlock insights on optimizing returns on your investments.

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

Welcome to Episode 6 of the 'Own & Run Family Fun for Profit Podcast'. If the maze of the family entertainment business has you puzzled, you're in the right place. Dive deep with Tim Murphy, CEO of Boomer Parks, as he unveils the art and science of offering unparalleled guest experiences while navigating today's challenging global landscape.

Show Notes:

0:02 - Entering the Family Fun Arena
Unravel the complexities and allure of the family entertainment industry. Let Tim Murphy guide you through the glittering opportunities and lurking challenges.

0:46 - Reading the Global Pulse
From inflation spikes to political dynamics, a deep dive into the external factors that can impact your venture. Learn the ropes of risk mitigation in today's volatile environment.

2:37 - On-stage Every Day
Embrace the theatricality of guest interactions. Discover the magic Disney has harnessed for years and understand the importance of ensuring every guest engagement feels like a front-row show.

4:41 - Step into Your Guest's Shoes
The key to memorable experiences? Be the guest you serve! Dive into Tim's strategies for training teams to provide the ultimate in guest-focused service.

6:05 - Crafting the Perfect Experience
Join Tim as he shares his golden rule: ensuring every guest feels like royalty, regardless of the day's challenges.

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

From the ins and outs of food and beverage returns to the precision needed in amusement park operations, Tim draws the roadmap to dominance in the realm of family entertainment. Whether you're aiming to sharpen your culinary profit margins or elevate your park's success through strategic investments, this guide offers invaluable insights for every aspiring mogul in the making

Show Notes:

1:44 - Playful Profits in Perspective

• Get the lowdown on the numbers: Discover the profit secrets of industry giants.
• Unlock the formula behind maximizing returns from food and beverage offerings.
• Separating the industry's shining stars from the crowd: What makes an operator stand out?

3:27 - Savory Success: The Culinary Angle

• While many target a 25-35% profit margin in the culinary sector, uncover Tim Murphy's rationale for maintaining a streamlined 20% across his parks.
• Penny wise, pound richer: Unearth the importance of meticulous financial management in driving success.

5:11 - The Art and Science of Amusement Ops

• Venture deep into the operational details that can make or break an amusement park.
• Mastering the specifics: Why a detailed-oriented approach is pivotal for sustained success in the entertainment industry.

6:53 - Amplifying Ambitions with Smart Capital

• Illuminate the potential that awaits with the right investors backing your vision.
• Witness the metamorphic power of strategic investments and the right guidance, poised to redefine your park's path to prominence.

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

In this episode, we discuss the fascinating interplay between weather and amusement parks. As global weather patterns shift and become more unpredictable, the entertainment industry, particularly amusement parks, is facing the challenge head-on.

Show Notes:

1:06 - Crafting Weather-Ready Park Experiences

• Dive into the myriad measures parks are adopting in response to the weather's whims.
• From indoor sanctuaries to outdoor adventures: Finding the balance for seamless entertainment.
• Thrive under the sun or storm: Top tips on hydration, safety, and more during extreme conditions.
• Reimagining attractions with a weather-centric lens: Why indoors might be the new outdoors.

2:35 - The Drive Towards Resilient Rides and Attractions

• Unearth the industry's pressing need for attractions that stand tall against the elements.
• Weathering the storm: Cutting-edge strategies and innovations making attractions resilient.
• Proactive vs. Reactive: Why foresight in weather adaptation can be a game-changer.

4:15 - Steering Parks Through Weather's Winding Roads

• Decoding the essence of proactive and reactive stances in park management.
• Mastering the calendar: Ensuring optimal operation even as the weather wavers.
• Tailored insights for family-run parks to not just survive but flourish amidst weather challenges.

Safety first: Ensuring guests remain comfortable and content, regardless of the weather's curveballs.

Remember: Always consider the safety and comfort of guests. Weather is unpredictable, but how we adapt to it doesn't have to be.

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

In this episode,Tim Murphy delves into the critical topic of insurance and its impact on business owners. With insurance costs skyrocketing in recent years, it has become essential for entrepreneurs to be well-informed and proactive. Tim shares invaluable insights on reducing insurance expenses and minimizing potential liabilities. He draws from his own experience as the former CEO of trampoline parks and family entertainment centers, highlighting the importance of cultivating a safety culture within your organization. 

Key Takeaways:

• Insurance costs are increasing rapidly, and it is crucial to reduce them to maintain profitability.
• Safety should be the top priority for guests and team members to minimize liability claims.
• Implement measures to make your park safer, such as highlighting potential hazards, ensuring proper lighting, and addressing maintenance issues.
• Establish a safety culture through safety committees and regular discussions about safety topics.
• Regularly inspect your facilities for potential hazards, including walkways, kitchens, parking lots, and entrances.
• Continuously train and educate team members on safety procedures and make safety a part of your company's culture.

Protecting your enterprise through a safety-first approach not only safeguards your team and guests but also saves thousands of dollars during insurance renewals.Remember, safety is not just a buzzword but a fundamental pillar of success in today's insurance landscape. Tune in to this episode to gain a comprehensive understanding of insurance strategies and learn how prioritizing safety can positively impact your business's bottom line.

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com

In this episode,Tim Murph delves into the secrets of success in the family entertainment center industry. Tim's expertise shines through as he reveals practical strategies to optimize ticketing, food and beverage offerings, and arcade experiences. Whether you're a business owner or aspiring entrepreneur in this field, you'll gain valuable insights to elevate your operations and boost profitability. 

Key Takeaways:

• Focus on ticketing and pricing strategies to increase revenue in a family entertainment center.
• Consider creating package deals to keep guests engaged and increase their length of stay.
• Adjust ticket prices to increase overall revenue by offering higher-priced options that provide more value to guests.
• Utilize food and beverage sales to boost revenue by raising prices and offering combo packages.
• Incorporate arcade and redemption games, setting prices strategically to encourage gameplay and redemption.
• Implement credit systems for arcade games to increase guest engagement and spending.

Tim's expert advice has shown us that by strategically adjusting ticket prices, creating appealing packages, and enhancing the food and arcade experiences, we can create a win-win situation for both our guests and our businesses.Tune in to this episode and let's embark on this journey of transformation, where every decision we make is guided by the goal of delighting our guests and exceeding their expectations. 

Special Giveaway:

Tune in for a chance to win a private VIP day with Tim Murphy! Experience firsthand the expertise that shapes Boomer Parks, all in a $15,000 value package. Don't miss out!

Join us in this enlightening journey and get ready to redefine family fun!

visit: ownandrunfamilyfun.com