If you’re thinking about starting a campground, one of the paramount things that come to mind is finding out what the pros and cons are.
In other words, its advantages and disadvantages. Wanting to know is necessary as knowledge obtained enables you to plan and prepare beforehand.
Nevertheless, you can never be prepared enough as sudden challenges are bound to arise. Despite that, you still benefit from having better control of your business.
Join us as we discuss the pros and cons relating to campground ownership. This should significantly help determine if it’s the right business for you.
The Pros And Cons Of Owning A Campground
This is where we get to discuss everything you need to know about the inherent advantages and disadvantages of starting a campground. These indicators of strength and weakness of the business have been experienced several by campground owners.
Hence, it should give you a better idea of what to expect before launching out.
The Pros Of Owning A Campground
Are there advantages to owning a campground? There are! And these are sufficient enough to give you the needed motivation to take a step towards its actualization.
So, what are these benefits like? They include the following;
i. A Profitable Business
This is one of the most obvious benefits of owning a campground. A lot of entrepreneurs are in business for profits and so should you. A campground not only generates profits but is also a rewarding activity as it allows for flexibility in how you operate.
However, profiting from such a business depends on how effective your operations are in its early years. In other words, the first few years will require proper management and hard work to guarantee profitability.
Being innovative about your campground concept can also impact positively on its profitability. This business is best for large property owners who would want to put such property to good use. More importantly, you should have an appreciable level of prior experience running a campground.
This helps significantly in setting up your business for success.
ii. You Get Time Off
Campground businesses (especially private campgrounds) are seasonal. This means your campground business will shut during the winter season. Now, we need to acknowledge the fact that not all entrepreneurs will like the idea of having their doors closed for business during certain times of the year.
However, for those who don’t mind, this can be a time to refuel or get a much-deserved rest. You get to travel to warmer regions during the winter or just spend time however you deem fit. Doing so enables you to get back to business much refreshed and ready to offer better camping services.
iii. Enjoying A Cost-Free Living Plus Being A Boss
One of the perks attached to owning a campground is that you get to be a boss while staying rent-free. A lot of campgrounds or parks have owner’s homes within the premises. This helps with better supervision of the property in addition to living cost-free.
Being a boss can be highly rewarding when your business is efficiently run. You get to fix your preferred work schedules based on your campground’s needs. Having freedom with time can be deeply rewarding.
What this means is that you get the opportunity of balancing the time spent within the camp office and the outdoors. As the owner, you are saddled with the responsibility of inspecting different aspects of its operations. This includes the conditions of facilities such as bathrooms, pool(s), and individual campsites among others.
All of these responsibilities add variety, making the entire process much more enjoyable.
v. Generational Ownership
One thing that is common to most campground businesses is the fact that they are family-owned. With such a business, you can pass on ownership of the same business to your children or grandchildren.
Such businesses are also better run as they evolve and expand or add more activities or facilities.
vi. Interacting With Lots Of Clients
Owning a campground allows you to interact with lots of families that come around each year.
This affords you the opportunity of serving them better, thus improving their perception of your business. However, we must state that things aren’t all rosy. There are bound to be times when you encounter difficult clients.
Such experiences build your capacity to navigate effectively through future challenges.
The Cons Of Owning A Campground
Having discussed the pros of campground ownership, it is only fair that we also consider its disadvantages. These demerits should help you determine if you still want to go ahead or not. They include the following;
i. Extreme And Adverse Weather Conditions
There are downsides to owning a campground. One of these has to do with extreme weather conditions. Such include tornadoes, hurricanes, and flooding. Outside of these, wildfires also pose a threat. There’s little to nothing that can be done to forestall a weather condition.
However, putting together an effective risk management strategy ensures the after-effects of such adverse conditions don’t cripple operations.
ii. Bad Clients
Bad clients can pose lots of problems. Such clients are likely to cause significant damage to your property. A common occurrence involves children who are brought along and given free rein to cause havoc. Clients with nonchalant attitudes are mostly responsible for such happenings.
Without proper supervision and inspection of the property, such clients can checkout, leaving you with maintenance expenses. Some other clients can prove difficult to deal with. Such clients always seem to know about everything.
They will always want to tell you how things must be done. A great degree of patience and professionalism is required to deal with such.
During peak seasons when campers troop-in to your campground in their numbers, stress is likely to result. There are times when you and your team are likely to feel a bit overwhelmed. Nevertheless, you’ll need to give in your best to ensure customer satisfaction.
Thankfully, this doesn’t continue indefinitely all year-round. There’s a remarkable drop in campers coming into your park in Winter. This period can be used to recover from stress.
iv. Dealing With The Likelihood of Not Breaking Even
Owning a campground comes with a lot of work. This is more intense when the business is new. You will have to put in extra effort to ensure you attract your first clients.
Such clients are likely to have their preferred campgrounds. As such, extra marketing efforts will need to be taken to make them see the reason why they should patronize your campground.
As a result, you are unlikely to break-even.
These are the main pros and cons relating to owning a campground. It is important for an interested entrepreneur to first weigh each of the above-listed advantages and disadvantages before proceeding.
Fully understanding each of these enables you to make informed and strategic actions in improving your chances of success.