164    Business View - October 2015
        
        
          Pump it Up (Fun Brands)
        
        
          
            Pumping up the play – pumping up the profits
          
        
        
          It’s no secret that we love our birthdays. Why else would
        
        
          the Guinness Book of World Records list “Happy Birthday
        
        
          to You” as the most recognized song in the English lan-
        
        
          guage? And since we love our birthdays somuch, it’s also
        
        
          reasonable to assume that we love our birthday parties.
        
        
          Why not? Birthday parties are meant to be fun – espe-
        
        
          cially for kids. Of course, sometimes they can be stress-
        
        
          ful for parents, but that comes with the territory. Indeed,
        
        
          most American parents probably throw some kind of
        
        
          birthday party for their kids, almost every year – and they
        
        
          have the pictures and videos to prove it! Typically, in our
        
        
          culture birthday parties are private affairs, as opposed
        
        
          to public celebrations. The people attending them are al-
        
        
          ways invitees, and most often, they are close family and
        
        
          friends. That’s the way most kids want it, and the way
        
        
          most parents require it; rarely is a birthday party open to
        
        
          strangers.
        
        
          Fifteen years ago, in Northern California, those details
        
        
          seemed evident to two women entrepreneurs who had,
        
        
          according to Lee Knowlton, the CEO of Fun Brands, a na-
        
        
          tional leader in the field of family entertainment, “a great
        
        
          FRANCHISE