Table and Chair Rental Business Plan Template
Written by Dave Lavinsky
Table and Chair Rental Business Plan
Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their table and chair rental companies. We have the experience, resources, and knowledge to help you create a great business plan.
In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a table and chair rental business plan step-by-step so you can create your plan today.
Download our Ultimate Business Plan Template here >
What Is a Business Plan?
A business plan provides a snapshot of your table and chair rental business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.
Why You Need a Business Plan
If you’re looking to start a table and chair rental business or grow your existing table and chair rental company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your table and chair rental business to improve your chances of success. Your table and chair rental business plan is a living document that should be updated annually as your company grows and changes.
Sources of Funding for Table and Chair Rental Businesses
With regards to funding, the main sources of funding for a table and chair rental business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan (hand it to them in person or email to them as a PDF file) and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for table and chair rental companies.
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How to write a business plan for a table and chair rental business.
If you want to start a table and chair rental business or expand your current one, you need a business plan. The guide and sample below details the necessary information for how to write each essential component of your table and chair rental business plan.
Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.
The goal of your executive summary is to quickly engage the reader. Explain to them the kind of table and chair rental business you are running and the status. For example, are you a startup, do you have a table and chair rental business that you would like to grow, or are you operating a chain of table and chair rental businesses?
Next, provide an overview of each of the subsequent sections of your plan.
- Give a brief overv iew of the table and chair rental industry.
- Discuss the type of table and chair rental business you are operating.
- Detail your direct competitors. Give an overview of your target customers.
- Provide a snapshot of your marketing strategy. Identify the key members of your team.
- Offer an overview of your financial plan.
In your company overview, you will detail the type of table and chair rental business you are operating.
For example, you m ight specialize in one of the following types of table and chair rental businesses:
- Full-service table and chair rental business : this type of table and chair rental business is focused on providing all facets of service for clients, including delivery of items, set up of table and chairs, teardown and removal of all items after the event.
- Table and chair rental outlet: a rental outlet for tables and chairs provides the items ordered. The customers transport the items to the event, set up, tear down and return all items back to the rental outlet. Typically, costs are lower; however, there is a high degree of effort involved in transporting tables and chairs to and from events..
- Wedding table and chair rental business: Wedding receptions require high quantities of rental items, along with any number of styles of chairs and tables. This type of rental business carries a wide inventory of styles and colors of chairs and tables to satisfy their clients. Delivery of tables and chairs, set up, teardown and transport to return the tables and chairs is included. This is a premium service with, typically, high-end tables and chairs.
- Children’s table and chair rental service: Interestingly, there are few rental businesses that focus on child-sized rental tables or chairs, yet birthday and themed children’s parties are exponentially growing in size and popularity as parents plan for large celebrations. This service typically includes delivery, setup, teardown and rental returns.
In addition to explaining the type of table and chair rental business you will operate, the company overview needs to provide background on the business.
Include answers to questions such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include the number of customers served, the number of items rented, or reaching X number of rental events during a year.
- Your legal business structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.
In your industry or market analysis, you need to provide an overview of the table and chair rental industry.
While this may seem unnecessary, it serves multiple purposes.
First, researching the table and chair rental industry educates you. It helps you understand the market in which you are operating.
Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.
The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.
The following questions should be answered in the industry analysis section of your table and chair rental business plan:
- How big is the table and chair rental industry (in dollars)?
- Is the market declining or increasing?
- Who are the key competitors in the market?
- Who are the key suppliers in the market?
- What trends are affecting the industry?
- What is the industry’s growth forecast over the next 5 – 10 years?
- What is the relevant market size? That is, how big is the potential target market for your table and chair rental business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.
The customer analysis section of your table and chair rental business plan must detail the customers you serve and/or expect to serve.
The following are examples of customer segments: individuals, couples, families, churches, community event coordinators and party planners.
As you can imagine, the customer segment(s) you choose will have a great impact on the type of table and chair rental business you operate. Clearly, parents renting children’s tables and chairs would respond to different marketing promotions than wedding couples looking for reception tables and chairs, for example.
Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.
Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers. Ideally you can speak with a sample of your target customers before writing your plan to better understand their needs.
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Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.
Direct competitors are othe r table and chair rental businesses.
Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes wedding venues with furnishings in place, table and chair retail stores, or restaurant and resort settings. You need to mention direct competition, as well.
For each direct competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as
- What types of customers do they serve?
- What type of table and chair rental business are they?
- What is their pricing (premium, low, etc.)?
- What are they good at?
- What are their weaknesses?
With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.
The final part of your competitive analysis section is to document your areas of competitive advantage. For example:
- Will you provide linens in addition to tables and chairs?
- Will you offer discounted services for delivery and return that your competition doesn’t?
- Will you provide better customer service?
- Will you offer better pricing?
Think about ways you will outperform your competition and document them in this section of your plan.
Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a table and chair rental business plan, your marketing strategy should include the following:
Product : In the product section, you should reiterate the type o f table and chair rental company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide wedding reception packages that include linens, lamps and other decor, or will you offer child-sized bean bag chairs and other fun styles?
Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of yo ur plan, yo u are presenting the products and/or services you offer and their prices.
Place : Place refers to the site of your table and chair rental company. Document where your company is situated and mention how the site will impact your success. For example, is your table and chair rental business located in a busy retail district, a wedding and party area/location, or in a standalone building? Discuss how your site might be the ideal location for your customers.
Promotions : The final part of your table and chair rental marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:
- Advertise in local papers, radio stations and/or magazines
- Reach out to wedding planners and wedding trade shows
- Distribute flyers at community events, schools and churches
- Engage in email marketing
- Advertise on social media platforms
- Improve the SEO (search engine optimization) on your website for targeted keywords
While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.
Everyday short-term processes include all of the tasks involved in running your table and chair rental business, including answering calls, planning and providing table and chair rentals, billing customers, and maintaining/replacing tables and chairs,etc.
Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to book your Xth customer, or when you hope to reach $X in revenue. It could also be when you expect to expand your table and chair rental business to new locations.
To demonstrate your table and chair rental business’ potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.
Ideally, you and/or your team members have direct experience in managing table and chair rental businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.
If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a table and chair rental business or successfully running a rental business or furnishing store.
Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance s heet, and cash flow statements.
An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.
In developing your income statement, you need to devise assumptions. For example, will you rent 75% of your table and chair inventory each month or will you assist wedding planners with rental furnishings at least 20 times per month? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.
Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your table and chair rental business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.
Cash Flow Statement
Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.
When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a table and chair rental business:
- Cost of furnishings, vehicles, equipment and office supplies
- Payroll or salaries paid to staff
- Business insurance
- Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment
Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your office location lease or a list of clients already under contract for the next 6 months.
Writing a business plan for your table and chair rental business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the table and chair rental industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful table and chair rental business.
Table and Chair Rental Business Plan FAQs
What is the easiest way to complete my table and chair rental business plan.
Growthink's Ultimate Business Plan Template allows you to quickly and easily write your table and chair rental business plan.
How Do You Start a Table and Chair Rental Business?
Starting a table and chair rental business is easy with these 14 steps:
- Choose the Name for Your Table and Chair Rental Business
- Create Your Table and Chair Rental Business Plan
- Choose the Legal Structure for Your Table and Chair Rental Business
- Secure Startup Funding for Your Table and Chair Rental Business (If Needed)
- Secure a Location for Your Business
- Register Your Table and Chair Rental Business with the IRS
- Open a Business Bank Account
- Get a Business Credit Card
- Get the Required Business Licenses and Permits
- Get Business Insurance for Your Table and Chair Rental Business
- Buy or Lease the Right Table and Chair Rental Business Equipment
- Develop Your Table and Chair Rental Business Marketing Materials
- Purchase and Setup the Software Needed to Run Your Table and Chair Rental Business
- Open for Business
Where Can I Download a Free Business Plan Template PDF?
Click here to download the pdf version of our basic business plan template.
Our free business plan template pdf allows you to see the key sections to complete in your plan and the key questions that each must answer. The business plan pdf will definitely get you started in the right direction.
We do offer a premium version of our business plan template. Click here to learn more about it. The premium version includes numerous features allowing you to quickly and easily create a professional business plan. Its most touted feature is its financial projections template which allows you to simply enter your estimated sales and growth rates, and it automatically calculates your complete five-year financial projections including income statements, balance sheets, and cash flow statements. Here’s the link to our Ultimate Business Plan Template.
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Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success. Click here to see how a Growthink business planning consultant can create your business plan for you.
Other Helpful Business Plan Articles & Templates
Start Your Party Rental Business in Minutes
How to Start a Profitable Party Rental Business [11+ Steps]
Imagine being the life of the party and making a profit while at it! Welcome to the exciting world of party rental business, where every event is a celebration and every celebration is a chance to rake in some serious cash.
Our Shortlist Steps to Start a Profitable Party Rental Business:
- Draft a party rental business plan.
- Pick a business name & business entity that works best for you.
- Find ways to finance your party rental startup.
- Open a professional business bank account.
- Set up your accounting & tax reporting.
- Obatin the necessary licenses & permits for your party rental business.
- Purchase the equipment, software, & tools needed.
Startup Costs for a Party Rental Business:
Initiating a party rental business can involve substantial financial commitment, the scale of which is significantly influenced by factors such as geographical location, market dynamics, and operational expenses, among others. Nonetheless, our extensive research and hands-on experience have revealed an estimated starting cost of approximately $58000 for launching such an business. Please note, not all of these costs may be necessary to start up your party rental business.
- Party Rental Startup Expenses
Table of Contents: (Page Navigation)
11 steps to start a profitable party rental business with little to no money:, 1. party rental business plan..
Starting a profitable party rental business requires a strategic plan that outlines all the steps you need to take to get it off the ground. The first step is to create a comprehensive business plan. Creating a business plan can seem daunting, but it's the key to success in any venture. It will help you define your goals and objectives, define your target audience and ideal customers, identify your competition, determine what services and products you will offer, set financial goals and figure out ways to market your business. In addition to these components, having a solid understanding of the party rental industry and its regulations is essential for success. Researching the industry can help you find out the latest trends in party rentals and any local requirements or licensing you may need. Your goal should be to create a plan that showcases how well thought-out your ideas are, how dedicated you are to achieving success for yourself and your customers, and how easily achievable it is for potential investors. Be sure to include projected income statements and balance sheets so potential investors have an idea of what they’re getting into by putting money into your party rental business. With a detailed plan in hand, you’ll be one step closer to getting your business up-and-running!
- Check out our entire small business plan directory
2. Form the Legal Business Entity.
If you're thinking of starting a party rental business, one of the first things you'll need to do is decide on the type of business entity to register. The four most common types are sole proprietorship, corporate organization, limited liability company (LLC), and partnership.
Each type has its own advantages and disadvantages, so it's important to carefully consider your options before making a decision.
- A sole proprietorship is the simplest type of business to set up, but it offers no personal liability protection.
- A corporate organization involves shareholders electing board members to run the business, and requires an annual meeting with stockholders' meetings every three months.
- An LLC provides extra protection for investors by limiting their liability exposure and allows flexibility in operating the business.
- A partnership involves business owners and partners, and can offer personal liability protection.
When deciding on the right type of entity for your party rental business , it's important to consider your liability exposure and your goals for the business. If you're just starting out and selling to family and friends, a sole proprietorship may be enough. But if you're looking for more protection or to grow your party rental business, a corporate organization or LLC may be a better choice. Be sure to weigh the pros and cons of each type and seek professional advice if necessary.
After you've chosen your business entity, you'll need to register it with the state in which you'll be doing business. This will give you the legal protections you need to operate your business and protect your personal assets. To register, you'll need to file the appropriate paperwork with your state's Secretary of State office . Be sure to research the legal and financial requirements for your chosen entity and comply with all necessary regulations.
Starting a party rental business can be a rewarding and profitable venture, but it requires careful planning and preparation. By choosing the right business entity, registering properly, and taking other necessary steps, you can set yourself up for success. Don't hesitate to seek advice from professionals or other business owners if you have questions or concerns.
- Check out our U.S. Registered Agent Directory
- Check out our U.S. LLC Directory
Form an LLC in your state!
3. Source Financing for Your Party Rental Business.
When starting a party rental business, it's essential to have a solid financing plan in place. While there are several financing options available, it's important to carefully evaluate each one, as each decision may have long-term financial implications for both you and your business.
If you're just starting out, you may only need a few hundred dollars to cover initial costs, but it's still worth considering the following financing options:
1. Raising money from friends and family:
- Pros: Access to capital without giving up equity; potential for low interest rates.
- Cons: May strain personal relationships if things don't go as planned; lack of expertise and experience from investors.
2. Bootstrapping by tapping into your own savings:
- Pros: Complete control over your business; potential for greater profits in the long run.
- Cons: Limited initial funding; potential for greater personal risk.
3. Sourcing investment from outside investors:
- Pros: Access to a larger pool of capital and expertise; potential for valuable partnerships and connections.
- Cons: May require giving up equity or control of your business; potential for high interest rates or strict repayment terms.
4. Obtaining a bank loan:
- Pros: Typically low interest rates; predictable repayment terms.
- Cons: Requires good credit history and collateral; may be difficult to obtain for a new business.
5. Getting funding from a hard money lender:
- Pros: Quick access to capital; flexible repayment terms.
- Cons: High interest rates; potential for strict repayment terms and penalties for default.
Remember that these are just a few of the many options available to you. The key is to make informed decisions that work best for your current situation. Consult with your accountant before making any final decisions.
Keep in mind that there's no right answer when it comes to determining how much money to invest in your party rental business. However, the above options can provide some guidance on which financing options may be the best fit for you and your party rental business.
By carefully considering your financing options and seeking professional advice, you can set your party rental business up for success.
4. Open a Business Bank Account.
Opening a business bank account for your party rental company may seem overwhelming, but it doesn't have to be. Choosing the right type of account depends on your specific needs and the amount of money you'll be depositing.
There are three common types of business bank accounts:
- Business Checking account : The most common type of business bank account is a checking account. Checking accounts are easy to open and offer a variety of features and benefits that can be helpful for businesses. One of the biggest advantages of a checking account is that it allows you to easily deposit and withdraw money as you need it. You can also write checks from your checking account, which can be helpful for paying bills or suppliers.
- Business Savings account : Another popular type of business bank account is a savings account. Savings accounts earn interest on the money that you deposit, so they can be a great way to grow your party rental company's cash reserve. However, savings accounts typically have lower interest rates than checking accounts and may have withdrawal limits.
- Business credit card : If you're looking for a more robust bank account for your business, you may want to consider opening a business credit card. Business credit cards can be very helpful for businesses that need to make large purchases or need to build up their credit history. However, business credit cards typically have high-interest rates and may have annual fees.
It's important to shop around and compare features and fees before making a decision. Some banks offer specialized accounts and services for small businesses that may be a better fit for your specific needs.
As always, consult with a certified professional accountant before making any final financial decisions. Once you've found the right bank account for your party rental company, you'll be one step closer to building your business.
5. Set up Your Accounting and Taxes.
As a new party rental business owner, it's important to prioritize setting up a proper accounting system to effectively manage your finances. Doing so will allow you to track expenses, revenue, receipts, taxes owed, and more.
There are a few different ways to establish an accounting system for your business, including using online accounting software such as QuickBooks or Xero, or hiring an accountant to handle it for you.
If you decide to manage the accounting on your own, it's crucial to choose a user-friendly system that you can easily navigate. As you begin tracking your income and expenses, you'll gain valuable insights into where your money is going and where you can make cuts or budget for future expenses. Be sure to regularly reconcile your accounts and update your records , ideally on a monthly basis, to stay on top of your finances and avoid headaches down the road.
Don't hesitate to reach out to your accountant or financial advisor for guidance on choosing and using an accounting system that's right for your business. Their expertise and support can help you navigate the accounting process with confidence.
- Find account software for your business
6. Obtain Party Rental Business Permits and Licenses.
Starting a new party rental business can be an exciting adventure, but it's important to remember that obtaining the proper licenses and permits is a critical step in the process. Without the right licenses and permits, you could face fines, penalties, or even legal trouble down the line.
The types of licenses and permits you need may vary depending on the location of your business, the services you offer, and the products you sell. It's important to research the requirements for your specific business and location.
To make sure you have all the necessary licenses and permits for your party rental business, start by contacting your local business licensing office or chamber of commerce. They can help guide you through the process and provide you with the appropriate forms and applications to fill out.
Once you've obtained all the necessary licenses and permits, you can officially open your party rental business and start operating with confidence. Don't forget to renew your licenses and permits regularly to stay compliant with local regulations.
By taking the time to obtain the proper licenses and permits , you'll be setting your party rental business up for success and avoiding any potential legal issues in the future. Good luck on your new venture!
7. Purchase Equipment, Software, Supplies & Tools Needed.
Starting a party rental business can be a challenging task, and acquiring the proper equipment, tools, and supplies is crucial for success.
To help you get started, here are some tips to keep in mind:
- Identify your equipment, tools, and supply needs: Determine the necessary equipment, tools, and supplies you will need to run your business effectively. Create a list of both big and small items that you'll require.
- Conduct supplier research: Research various suppliers and compare prices, quality, and customer reviews to get the best deal.
- Consider leasing or renting: If you're on a tight budget, consider leasing or renting equipment instead of buying it outright. This option can help save you money, especially for expensive equipment that you won't use frequently.
- Get everything in writing: Before making any purchases, make sure to get all the details in writing, including price, warranty, and delivery date.
- Stay organized and manage inventory: Keeping track of your equipment, tools, and supplies is essential for smooth business operations. Implement an inventory management system to track inventory levels and reorder supplies in advance.
By following these steps, you'll be well-equipped to run your party rental business efficiently and successfully.
- Check out our small business software & tools review directory
8. Create a Brand Identity for Your Party Rental Company.
Creating a brand identity for your party rental company can be very difficult. There are so many factors to consider, from the logo design to the colors you use.
But if you take the time to plan and focus on what you want your customers to feel, you can create a brand identity that will set your business apart from the rest.
Here's how to get started:
1. Define your party rental company's purpose and values.
What do you want to achieve with your business? What kind of feeling do you want your customers to have when they think of your party rental brand? These are important questions to answer before you start creating any visuals for your brand.
2. Choose a color scheme that reflects your company's personality.
Colors can communicate a lot about a brand, so it's important to choose wisely. If you're not sure where to start, try looking at other brands in your industry and see what colors they use.
3. Develop a unique logo that represents your party rental brand.
This is often the first thing people will think of when they hear your company name, so it's important to make it memorable. Work with a professional designer to create a logo that's both visually appealing and reflective of your brand values.
4. Create consistent branding across all channels.
Once you have your logo and color scheme, make sure you use them consistently across all of your marketing materials, from your website to your business cards. This will help reinforce your brand identity and make it easier for customers to recognize your company.
Creating a strong brand identity is essential for any party rental business, but it doesn't have to be complicated. By focusing on your company's purpose and values, you can develop a brand that will resonate with your target audience. With a little planning and some creativity, you can create a brand identity that will make your party rental company stand out from the rest.
9. Build a Beautiful Website.
In today's digital age, having a well-designed website is essential for any business to succeed, including your party rental business.
A beautifully crafted website will attract and engage your customers, provide a professional image of your brand, and showcase your products and services.
To create an exceptional website for your party rental business, consider the following steps:
- Define your website goals and target audience. This will help you determine what type of website design and content will resonate with your customers.
- Hire a professional website designer or work with a freelancer. Look at their portfolio and ask for recommendations from other business owners to find someone who has experience designing websites for your industry.
- Plan your website structure and hierarchy. Decide what pages and content will be included on your website and how they will be organized. This will ensure that your customers can find what they're looking for quickly and easily.
- Create stunning visuals and graphics that are aligned with your brand. Use high-quality images, videos, and other visual elements to showcase your products and services.
- Write compelling website copy. Your website's text should be well-written, informative, and persuasive, highlighting the benefits of your products and services.
- Test your website before launch to ensure that all the features and functionality work correctly.
By following these steps, you can create a website that is visually appealing and effective in promoting your party rental business. Don't hesitate to seek professional assistance if you need help getting started or have any questions along the way. We're always here to help!
10. Create a Company Email Address & Phone Number.
Having a professional business phone number and email address is an important aspect of running a successful party rental business. Not only does it give your business a more professional appearance, but it also makes it easier to stay in touch with customers and manage business communications.
To set up a professional phone number for your business, you can purchase a number from a telecom provider like Twilio or Grasshopper. You will need to create an account with the provider and register your new business phone number. This will give you access to features like voicemail, call forwarding, and more.
In addition to a business phone number, you should also set up a professional email address using a service like Google Workspace or Microsoft 365 . This will give you access to features like spam filtering, calendar integration, and more. You can configure your email account to forward messages to your business phone number so that you never miss an important message from a customer.
While you can definitely use your personal phone number and email address when you're first starting out your party rental business, as it grows, it's important to look into other communication options to ensure that you're able to manage your business communications in a professional and efficient manner.
By following these steps and setting up a professional phone number and email address for your business, you'll be able to communicate with customers more easily and give your business a more professional appearance. This will help you to build trust with your customers and grow your party rental business over time.
11. Make a Go-To Market Launch Strategy.
Launching a new business is an exciting time, and marketing is a crucial part of getting your party rental business off the ground. Here are some additional tips to improve your marketing strategy:
- Define your target audience: Before you start marketing your business, it's essential to determine who your target audience is. Knowing your ideal customer will help you tailor your marketing efforts and make them more effective.
- Build a strong brand: Your brand is the foundation of your marketing strategy. Make sure you have a clear brand identity, including a logo, brand colors, and messaging that aligns with your target audience.
- Create a content strategy: Developing a content strategy can help you create a consistent message across your social media, website, and blog. This can include creating blog posts, social media posts, and other types of content that align with your brand and target audience.
- Leverage social media: Social media is a powerful tool for marketing your party rental business. Identify the social media channels that your target audience is most active on, and create a presence there. Engage with your audience, share high-quality images of your products, and run social media campaigns to increase brand awareness.
- Collaborate with influencers: Partnering with influencers in your industry can help you reach a wider audience. Look for influencers who align with your brand and target audience and offer to collaborate with them on social media campaigns or product launches.
- Attend trade shows: Trade shows can be a great way to promote your party rental business, network with other professionals in the industry, and get your products in front of potential customers.
Remember, marketing is an ongoing process, so be sure to track your results and adjust your strategy as needed. With a clear marketing plan and consistent effort, you'll be able to generate buzz and grow your customer base over time.
- Check out all of our small business marketing ideas
You have questions, we have answers.
Frequently Asked Questions:
Below, based on our research are some of the most common questions entrepreneurs have when thinking about starting a business.
What does it cost to start a party rental business?
Are party rental businesses profitable, how to come up with a name for your party rental business, what do you need to do to define your target audience for your party rental business, how does a party rental business make money, list of software, tools and supplies needed to start a party rental business:, what licenses and permits are needed to run a party rental business.
More business resources to help you get started:
- Business Entity Formation: Choosing the right type and setting up the business structure.
- Accounting & Bookkeeping: Finding the ideal accounting software and resources to keep track of all your financials.
- Party Rental Supplies: Sources for purchasing rental items, party supplies, and related materials.
- Operational Resources: Essential guides to managing a party rental business, such as inventory management, customer service, logistics, and marketing.
- Insurance & Legal: Finding the right type of insurance policy for your business as well as legal resources for protecting yourself.
- Party Rental Business Names
- Party Rental Business Plan Template & Guidebook
- Best Event Planning Business Ideas & Examples in 2023
- Our List of 10+ Best Party Rental Business Ideas:
- 75+ Unique, Creative & Funny Party Rental Business Slogans
- Do I Need an LLC for My Party Rental Business?
- List of the Best Marketing Ideas For Your Party Rental Service:
I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.
Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.
From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.
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Table and Chair Rental Business Plan Template
Table and chair rental business plan.
You’ve come to the right place to create your Table and Chair Rental business plan.
We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Table and Chair Rental businesses.
Below is a template to help you create each section of your Table and Chair Rental business plan.
Premier Event Supply Company is a startup table and chair rental company located in Charlotte, North Carolina. The company is founded by Trent and Cindy Neicey, who formerly worked for a national party rental company. In that company, Trent was the party rental location manager and Cindy was the bookkeeper and administrative assistant. They both noted the potential for growth within the company, particularly in rentals of chairs and tables because that request was, by far, the one typically made. Their former employer was not able to fulfill the requests because the company did not own enough inventory and couldn’t provide enough to meet the demand.
Premier Event Supply Company will focus on the two aspects of parties and events most requested: tables and chairs. The company will provide a wide variety of chair sizes and styles, along with tables of all sizes and styles. This will allow party planners to come into the store, look through available options and make the choices that support their vision. In addition to the tables and chairs, Premier Event Supply Company will carry a full inventory of tablecloths and table coverings to meet every decor request and will have a full inventory of all sizes on hand for customers with special requests.
The following are the products and services that Premier Event Supply Company will provide:
- Inventory on-hand: hundreds of tables of all sizes and configurations
- Inventory on-hand: hundreds of chairs of all sizes and styles
- Inventory on-hand: tablecloths and chair covers with a full array of colors from which to choose
- Free delivery and pick-up service included for all rental items
- “White glove” service: event set up and take down, as indicated by renter
- Easy website reservation system for all rental items
- Custom sashes and bows for all chair covers, offered free of charge
Premier Event Supply Company will target all residents in Charlotte. They will target residents and they will target medium to large companies. They will also target wedding parties and wedding planners. Premier Event Supply Company will target event planners and party coordinators. They will also target community and city associations.
Premier Event Supply Company will be co-owned and operated by Trent and Cindy Neicey, who formerly worked for a national party rental company. Trent has recruited Jack Nelson from their former employer’s company to the new company to take on the role of Sales Manager. Cindy has recruited the former Human Resources Manager, Janie Rogers, to be the Human Resources Manager in the startup company.
Trent Neicey is a graduate of the University of North Carolina, where he received a bachelor’s degree in Business Administration. Cindy was also a graduate of the University of North Carolina, where she received her degree in Accounting. In their former company, Trent was the party rental location manager and Cindy was the bookkeeper and administrative assistant. They both noted the potential for growth within the company, particularly in rentals of chairs and tables because that request was, by far, the one typically made by customers. Their former employer was not able to fulfill the requests because the company did not own enough inventory and couldn’t provide enough chairs or tables to meet the demand. Often, customers also requested tablecloths or coverings, which the former employer did not provide.
Premier Event Supply Company will be able to achieve success by offering the following competitive advantages:
- Friendly, knowledgeable, and highly-qualified team of Premier Event Supply Company
- Comprehensive menu of products and services and a one-step process to rent any items via the website or in-person.
- Multiple table and chair styles from which customers can choose, with tablecloths and coverings to match.
- Experienced assistance in the selection process for weddings or other formal affairs.
- Premier Event Supply Company offers the best pricing in town. Their pricing structure is the most cost effective when compared to the competition.
Premier Event Supply Company is seeking $200,000 in debt financing to launch its Premier Event Supply Company. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the ad campaigns and marketing costs. The breakout of the funding is below:
- Office space build-out: $20,000
- Office equipment, supplies, and materials: $10,000
- Three months of overhead expenses (payroll, rent, utilities): $150,000
- Marketing costs: $10,000
- Working capital: $10,000
The following graph outlines the financial projections for Premier Event Supply Company.
Who is premier event supply company.
Premier Event Supply Company is a newly established, full-service event supply company in Charlotte, North Carolina. Premier Event Supply Company will be the most reliable, cost-effective, and efficient choice for residents and businesses in Charlotte and the surrounding communities. Premier Event Supply Company will provide a comprehensive menu of tables, chairs, table coverings and services for any individual or company to utilize. Their full-service approach includes a comprehensive array of chair sizes and styles, table sizes and styles, tablecloths and coverings and custom sashes and ties.
Premier Event Supply Company will be able to provide individuals, businesses, event planners and party coordinators with everything needed to seat people efficiently and comfortably. The team of professionals are highly qualified and experienced in party supply rentals and the needs of their customers to create a success. Premier Event Supply Company removes all headaches and issues of searching for and placing chairs and tables at an event and ensures all issues are taken care of expeditiously while delivering the best customer service.
Premier Event Supply Company History
Premier Event Supply Company is a startup company located in Charlotte, North Carolina. The company is co-owned and operated by Trent and Cindy Neicey, who formerly worked for a national party rental company. In that company, Trent was the party rental location manager and Cindy was the bookkeeper and administrative assistant. They both noted the potential for growth within the company, particularly in rentals of chairs and tables because that request was, by far, the one typically made. Their former employer was not able to fulfill the requests because the company did not own enough inventory and couldn’t provide enough to meet the demand.
Since incorporation, Premier Event Supply Company has achieved the following milestones:
- Registered Premier Event Supply Company, LLC to transact business in the state of North Carolina.
- Has a contract in place for a 10,000 square foot office on-site
- Reached out to numerous contacts to include the startup company in their recommendations.
- Began recruiting a staff of six and three office personnel to work at Premier Event Supply Company
Premier Event Supply Company Products
The following will be the products Premier Event Supply Company will provide:
The party rental supply industry is expected to grow over the next five years to over $37 billion. The growth will be driven by increasing amounts spent on events and event rentals The growth will be driven by advancing technology within the industry The growth will be driven by the demand for flexibility and ease in supplying chairs and tables The growth will also be driven by the influence of ecommerce websites that provide a seamless experience Costs will likely be reduced as inventory management becomes more efficient Costs will likely be reduced as maintenance and repair continues to evolve to greater efficiency and longer lifespans for furnishings Costs will likely be reduced as automation and technology plays a larger role in the supply chain of rental items
Demographic profile of target market, customer segmentation.
Premier Event Supply Company will primarily target the following customer profiles:
- Residents within the city of Charlotte and outlying communities
- Medium-to-large businesses in the city
- Party coordinators and event planners
- Community and city associations
Direct and indirect competitors.
Premier Event Supply Company will face competition from other companies with similar business profiles. A description of each competitor company is below.
Classic Event Rentals
Classic Event Rentals is owned by Nicky Parnell, a former furniture sales manager who started Classic Event Rentals in 2020. The company is a table and chair rental company in Charlotte that caters to weddings, anniversary parties, and birthday parties for all ages, both indoor and outdoor. The focus of the company is on providing large numbers of chairs and tables that are clean and comfortable for groups of all ages. While tablecloths and chair accessories are not provided, the managers of Classic Event Rentals can provide references for customers to obtain them.
In addition to the tables and chairs available, Classic Event Rentals offered inflatable jump houses, inflatable water slides and other items to entertain children. They deliver, set up and take down the inflatables for an extra charge.
Metro Charlotte Furnishings
Metro Charlotte Furnishings is a furniture rental store conveniently located thirty miles away from Charlotte, North Carolina. It is owned by the T. J. Farmer Family. They offer a wide selection of reasonably-priced rental furniture to cater to the needs of individuals, families and small businesses in the communities outside the Charlotte area.
The retail store of Metro Charlotte Furnishings is designed to provide a view of all that is included in the furniture rental experience. Whether for a temporary residence, a home staging project, or a business event, Metro Charlotte Furnishings will strive to meet the budgets and provide the right rentals for the right amount of time needed.
Urban Event Rentals
Urban Event Rentals is a premier table and chair rental company located in downtown Charlotte, NC. As a local provider of high-quality event furniture, they specialize in offering a wide range of tables and chairs that are tailored to meet the unique needs of events and functions held in the vibrant heart of the city.
The mission of their owner, Ted Stinson, is to provide exceptional service and top-notch rental items to event planners, businesses, and individuals hosting events in downtown Charlotte. With a commitment to style, comfort, and reliability, Urban Event Rentals claims that every occasion, from corporate meetings and weddings to social gatherings and fundraisers, is furnished with the utmost care and attention to detail.
Premier Event Supply Company will be able to offer the following advantages over their competition:
Brand & value proposition.
Premier Event Supply Company will offer the unique value proposition to its clientele:
- Highly-qualified team of skilled employees who are able to provide a comprehensive set of products and services, including tables, chairs, table coverings and delivery/set up/take down services
- White glove service upon request
- Event set up service and take down service upon request
- Online reservation system to secure chairs, tables and coverings with guaranteed availability upon date needed
- Unbeatable pricing to its clients; they will offer the lowest pricing in the city.
The promotions strategy for Premier Event Supply Company is as follows:
Word of Mouth/Referrals
Premier Event Supply Company has built up an extensive list of contacts over the years by providing exceptional service and expertise to their former clients. The contacts and clients will follow them to their new company and help spread the word of Premier Event Supply Company.
Professional Associations and Networking
Premier Event Supply Company will begin attending meetings and networking with individuals and professionals to fully utilize gifts and talents to make this happen.
Premier Event Supply Company will send a direct mail piece to every resident and business in Charlotte two weeks before launching the company. It will announce the opening date and invite all to rent items at a discount during the first month of business.
Premier Event Supply Company will fully utilize their website. The website will be well organized, informative, and list all the products and services that Premier Event Supply Company provides. The website will also list their contact information and provide an online portal for rental reservations. The website will engage in SEO marketing tactics so that anytime someone types in the Google or Bing search engine “table and chair rental company” or “party supplies near me,” Premier Event Supply Company will be listed at the top of the search results.
The pricing of Premier Event Supply Company will be moderate and on par with competitors so customers feel they receive excellent value when purchasing their services.
The following will be the operations plan for Premier Event Supply Company. Operation Functions:
- Trent and Cindy Neicey, former employees in a national party rental company, will co-own and operate the company. Trent will take on the role of President and Cindy will take on the role of Accountant.
- Jack Nelson, formerly employed with Trent, will take on the role of Sales Manager.
- Janie Rogers, the former Human Resources Manager, will be the Human Resources Manager in the startup company.
Premier Event Supply Company will have the following milestones completed in the next six months.
- 5/1/202X – Finalize contract to lease office space
- 5/15/202X – Finalize personnel employment contracts for the Premier Event Supply Company
- 6/1/202X – Finalize contracts for Premier Event Supply Company suppliers
- 6/15/202X – Begin networking at association events
- 6/22/202X – Begin moving into Premier Event Supply Company office
- 7/1/202X – Premier Event Supply Company opens its doors for business
Trent Neicey is a graduate of the University of North Carolina, where he received a bachelor’s degree in Business Administration. Cindy was also a graduate of the University of North Carolina, where she received her degree in Accounting. In their former company, Trent was the party rental location manager and Cindy was the bookkeeper and administrative assistant.
Jack Nelson, formerly employed with Trent at their past employer’s firm, will take on the role of Sales Manager in the new company. Jack’s background includes a steady, stable build-up of loyal customers over the five years he was employed at the former company.
Janie Rogers, the former Human Resources Manager, will be the Human Resources Manager in the startup company. Janie is highly-experienced in employee onboarding, processes and procedures for employee manuals and employee oversight, and can assist in conflict negotiation as the need arises.
Key revenue & costs.
The revenue drivers for Premier Event Supply Company are the fees they will charge to customers for their products and services.
The cost drivers will be the overhead costs required in order to staff Premier Event Supply Company. The expenses will be the payroll cost, rent, utilities, office supplies, and marketing materials.
Funding Requirements and Use of Funds
Premier Event Supply Company is seeking $200,000 in debt financing to launch its table and chair rental company. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the ad campaigns and association memberships. The breakout of the funding is below:
The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.
- Number of Customers Per Month: 350
- Average Revenue per Month: $23,500
- Office Lease per Year: $100,000
Income statement, balance sheet, cash flow statement, table and chair rental business plan faqs, what is a table and chair rental business plan.
A table and chair rental business plan is a plan to start and/or grow your table and chair rental business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
You can easily complete your Table and Chair Rental business plan using our Table and Chair Rental Business Plan Template here .
What are the Main Types of Table and Chair Rental Businesses?
There are a number of different kinds of table and chair rental businesses , some examples include: Full-service table and chair rental business, Table and chair rental outlet, Wedding table and chair rental business, and Children’s table and chair rental service.
How Do You Get Funding for Your Table and Chair Rental Business Plan?
Table and Chair Rental businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.
What are the Steps To Start a Table and Chair Rental Business?
Starting a table and chair rental business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.
1. Develop A Table and Chair Rental Business Plan - The first step in starting a business is to create a detailed table and chair rental business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.
2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your table and chair rental business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your table and chair rental business is in compliance with local laws.
3. Register Your Table and Chair Rental Business - Once you have chosen a legal structure, the next step is to register your table and chair rental business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.
4. Identify Financing Options - It’s likely that you’ll need some capital to start your table and chair rental business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.
5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.
6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.
7. Acquire Necessary Table and Chair Rental Equipment & Supplies - In order to start your table and chair rental business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.
8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your table and chair rental business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.
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How To Open A Chair Rental Business?
- Dan "Da Blogger" Rose
- April 28, 2022
A lot of people don’t have enough tables and chairs for big events, because they don’t have that type of space in their homes or business. Chair rental companies exist that rent tables and chairs to individuals or businesses for parties, in addition to business and commercial events.
Know Your Market
To have a thriving business renting tables and chairs, you must open in a viable market. A more populated area implies that there will be more events such as birthdays, retirement and graduation parties, as well as weddings, funerals, and other religious and community events in homes and commercial venues. You should even make a list of venues and contact the managers for their input – are they in need of renting tables and chairs, and if so, how often?
Look if other businesses in your geographical area are doing what you’re planning to do. This gives you an idea of the market competition. What is it that you offer that other companies do not? How can you separate yourself from them so that your offerings stand out?
What is your pricing going to be? Again, looking for information on your competitors is one good way of determining what customers generally expect to pay for your services. You’ll need to have a good understanding of pricing when it comes to developing your revenue projections for your business plan.
Decide on Services
When you begin doing the research necessary to start a business, you should consider what level of service you want to provide to your customers:
Linens: Some chair and table rental businesses do offer linen. The linen materials used for parties include tablecloths, napkins, table runners, chair pads, and chair coverings. This requires an outlay of cash for inventory, as well as a relationship with a commercial laundry. It can be an excellent additional profit.
Delivery and set-up: Will you be able to deliver and set up the tables and chairs that you rent? Some customers can be just as happy to save some money and handle furniture pick up and drop off themselves, however, you’ll be able to charge extra for your items if your crew handles them.
Write a Business Plan
A business plan is a company’s guide. It maps out a strategy to create your tables and chairs rental company by assessing its financial situation, including its weaknesses and strengths, as well as having a strong executive summary that gathers who and what your business is about, and how you intend to be successful. It’s very valuable to take your time and write this your business plan with careful consideration and research – not only to be clear with yourself about your goals but also because banks will need your business plan so they can assess how they can help you.
Purchase Tables and Chairs to Rent
Your tables and chairs must be stored in a clean, dry, safe place where it can be placed in well-organized sections. There must also be a space to clean and sanitize the tables and chairs as they are returned from the previous rental and again before they are sent out for the next rental. Buying stock in bulk will save you money, so plan to buy dozens of styles, materials and sizes.
Party Buster is your go-to source for party rental equipment in Brooklyn and NYC
Party Buster NYC 1070 Linwood St, Brooklyn, NY 11208 (718) 789-9200 https://www.partybuster.com/
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Published on Nov 26, 2021
A full guide on how to start a party rental business
16 min read
The party rental industry has been a whirlwind these last two years. Since lockdowns and social distancing were enforced, the whole party scene disappeared overnight.
But now that restrictions have eased up, people have begun to embrace partying again as they gather together to socialize or converse. It's easy to see why: parties have existed since the dawn of man, and people will always seek to gather together when an opportunity for celebration arises. Whether it's a wedding, a birthday party, or a corporate event — there's always a good reason to throw a party!
So, starting a party rental business isn't a bad business idea since the global economy is recovering and events are popping up left and right.
The party supply rental industry deals with providing the necessary resources for a particular party to be successful. This can include the rental of event venues such as a building or room space, chairs, tables, tents, cooking, and sound equipment. These equipment are either rented by organizations or individuals for the success of their event.
This detailed article will provide a complete guide on starting a party rental business and running it. Keep reading and start your company in this massive and trending industry.
Create a party rental business plan
When starting a party rental business, it would be wise to go with what you know. So, if you, for example, worked as a wedding receptionist at one point, maybe you should start a wedding rental business as you already know how the industry operates.
Let's go over what starting a party rental business requires, a few different business types, and then explore some of the essential steps to launching your business – including understanding the market, identifying competitors, and forecasting inventory costs.
Different types of party rental businesses
Before we get into how to start a party rental business or an event rental business, we understand that a bit of inspiration would be helpful. There are as many party rental business niches for every type of event and need out there. A few of these include:
Event planning and production companies
While the core business might be on the event planning and design side of things, an equipment rental business can provide a solid secondary income source.
There are several types of event production companies, some focusing on corporate events and some on private parties. Either way, if you have found it difficult to find equipment suppliers to match your needs, you might be on the verge of something. There are likely more people who have struggled with the same issues.
So, why not expand to the rental business?
Wedding rental business
Many consider a wedding the most important day in a romantic couple's life. So, it's no surprise they need some help making it all happen. Don't get all lovey-dovey on us, though; this is a seriously lucrative market that new business owners always try to break into.
To be in the wedding rental industry, you don't necessarily have to be able to offer hundreds of seats and tables. It could be as simple as providing decorations for different styles, including boho decor, lighting, dry flowers, table centerpieces, and all that stuff that might seem pointless to buy for that one day.
You can quickly start building your business up from there by doing a little research on the most popular wedding styles and venues.
AV Equipment rental business
Yet another profitable rental business you can start. One advantage of this business is that people will always need your services as long as there are events. Since AV equipment is so expensive and only necessary once in a blue moon, local event planners and individuals prefer to rent than buy.
Again, this is one of those industries that doesn't necessarily mean that you have to have the biggest sound systems or latest camera equipment; you can also start small and offer smaller speakers, mic setups, and smoke machines and build your way up.
This is also an ideal business model if you already own many of these things, whether because of your hobbies or something else. So while you're not using your equipment, you can just rent it out and ensure you're getting your money's worth of your investment.
Bounce house rental business
Bounce house rental businesses are becoming increasingly popular, especially among parents of young children. These businesses provide inflatable bounce houses for rent, often for birthday parties or other events — private or public.
They are usually staffed by one or more people who set up the bounce house and supervise it during use. Many bounce house rental businesses also offer other inflatable products, such as slides and obstacle courses.
Whether you're looking to add some excitement to a kids' birthday party or want to relive your childhood at a variety of events, a bounce house rental business can provide hours of fun for all ages.
Kitchen equipment rental business
It isn't a party without any food, right? One key tip to keep in mind with this particular business is that less is more. Rather than buying every kitchen equipment and utensil, only buy the essentials that most clients are asking for. Otherwise, you risk collecting useless inventory.
These are just a few different party rental business types. Other ones that have been gaining popularity recently:
Glamping and tent rental services
Seasonal event rentals (e.g., Christmas decorum)
Birthday decoration rental services
Do market research
A party rental business is a simple business idea that can make good money, especially when done full-time. As much as you can dive in headfirst by buying equipment and advertising your party rental company, it would be wise to understand how the industry works. This includes:
researching the market
getting contacts for wholesalers and other people in the industry
figuring out where to acquire the necessary supplies
You can't forget that no successful party rental business can fly without a solid business plan and go-to-market strategy .
Despite a lucrative industry, you might not get the best out of it without proper market research. The best way to do this is to determine who requires event rental services and define your target audience.
Since this is a diverse industry, your target market might be found in the most unexpected places like sports organizations, prominent business people, religious organizations, and cultural centers, to mention a few. Market research will help you establish clients' different preferences and needs and offer the best services for your potential customers.
→ Get started with our guide to financial planning and budgeting .
Identify your main competitors
As mentioned earlier, this is a fast-growing industry with a lot of demand. It will have an influx of rental businesses that operate in your area. Find out who your main competitors are, what they're doing, and what makes them successful – this will also give a pretty good idea of what kind of demand there is for different services.
If you're just starting and there's a prominent competitor in your area, don't be discouraged! Having already successful rental companies within reach can prove to be beneficial for you. Since they're already attracting potential customers to your area, or if people are already searching for similar services online, you can almost piggyback off of their visibility, so identify what's missing in their offering or services and do it better.
Establish a legal entity for your business
You've four main choices when deciding how to run your business legally. They are listed below. Note that there are differences in the business entity legislation from country to country. So, consider these more general guidelines, and at the end of the day, always rely on your local authorities. That being said, let's move on.
Limited Liability Company (LLC)
Each of these structures has its pros and cons. But which business structure is best for a party rental business?
A business partnership is a good choice if you start a business with someone else. However, this form of a company makes you financially responsible for your partner's actions.
A corporation can be a good choice for some businesses because they separate your business assets from your personal property and assets. However, this business structure is far more complex to set up and maintain.
So, this leaves you with two of the more common options that party rental business owners typically choose: sole proprietorship or LLC.
Setting up as a sole proprietor is easy and inexpensive. However, if anything happens to the business, you are personally liable. So think this through carefully.
However, setting up a limited liability company (LLC) protects your personal assets in the event of any business problems or debts. This liability protection makes LLCs a good choice for party rental businesses.
Register for taxes
Before opening your own party rental business, you must register for state and federal taxes. You'll need an Employer Identification Number (EIN) to do this. These are easy to access through the IRS, via their website, phone, or mail.
Otherwise, it's essential to register your details because running a business in some states means you'll need to pay sales tax.
Depending on which legal entity you choose, you may have some options about how you are taxed. You can read more about this on the IRS website.
Set up a business bank account
You should always have separate bank accounts for your business and personal spending. There are a few good reasons for this, but primarily it:
keeps your personal assets protected
helps you accurately track your business account
doing your taxes is much easier
Some new business owners make the mistake of not having a separate bank account. But it's vital to do, especially if you want to build up business credit to help with cash flow or eventually secure expansion loans with low-interest rates.
Party rental business insurance
To ensure long-term party rental business success is to get insurance.
General liability insurance : This type of insurance helps protect you and your business from third-party claims of bodily injury or property damage. Accidents can happen due to the typical environment and risks involved in party rentals. So, general liability insurance is essential.
Worker's compensation insurance : Setting up parties and building event venues happens in an environment where something can always go wrong – no matter how careful you and your employees are. Therefore, you will need an insurance policy that protects your workers in case of accidents.
Create a party rental website
Having a website is essential to reaching your target audience effectively. Without an online presence, you miss the opportunity for local search and digital marketing opportunities, which are some of the best ways to boost brand awareness.
Unlike selling and the linear business model, the rental industry requires tools and processes to support the business with bookings, inventory management, and payment-related aspects, like deposits.
A complete guide on creating a stunning party rental website →
Luckily, these days there are user-friendly website builders with all the features you need to build a professional-looking website via drag-and-drop interfaces. You don't necessarily even need a separate website builder and hosting because Twice provides small businesses with a ready-made rental website . It's easy to customize, SEO optimized and comes with an integrated online booking calendar and payment processing – everything in one platform.
However, if you prefer another website builder, check out Squarespace — it makes building beautiful party rental websites super easy.
What makes a great website?
A good party rental website must deliver relevant information effectively, be visually appealing, and function flawlessly. Your website should have straightforward navigation and structure , as these aspects lay the foundation for an overall good user experience .
Furthermore, ensure your website has high-quality photos to give your customers a sense of feeling of the events you have arranged, compelling copywriting , transparent pricing details, and clear contact information. To increase online sales, you should also keep the checkout of online bookings as straightforward as possible.
What makes a good eCommerce website →
Because the inventory circles back and forth rather than moving linearly (like in retail), it's a more complex process that requires rental-specific tools, which usually cannot be found in traditional e-commerce platforms.
You can start by integrating party rental software into your website to make managing your bookings easier. In the long run, investing in software that is made specifically for renting will ensure that you can have a real-time inventory management tool that will help avoid double-bookings, have inventory-related analytics, offer your customers the option to pay in advance, set up deposits to prevent monetary loss, and so on.
You'll need to plan your marketing efforts and advertising strategies to get your business off the ground and running. Party rental businesses can take several approaches here, but below, you'll get some ideas of the most cost-effective tactics to acquire new customers.
Pay-per-click (PPC) ads are a great and cost-effective way for small businesses to promote their products and services and acquire new customers . With a little effort, you get a massive reach, and the best part is that you don't need to spend a ton of money to get great results.
Different ad platforms offer various possibilities to reach your customers when and where they are ready to do business with your company. These platforms use their knowledge of your audience's demographics, interests, and geographical location to deliver your ads to the people they think are the most interested in your products and services.
You can, for example, deliver ads on search engines when people type in specific keywords you target or create custom audiences on social media platforms to target with more creative messaging.
Here's why and how you can get started with Facebook ads →
Partnerships are a great way to find synergies between companies that complement each other's offerings. For example, a party rental business can partner up with a catering company to extend the offering and make it more convenient for the customers as they can book everything they need from one place.
Social media marketing
We live in the day and age of social media. Whether advertising on different platforms or generally just sharing your customers' experiences and what your business has been up to, it's the easiest way to stay in touch with your current and potential customers.
Having a community in business means that your brand is already established and you have loyal customers who will buy your services anytime they need to. However, the main challenge is building that community.
One excellent way is by making the best out of your social media platforms. Using social media to connect with your customers or share experiences from your work is bound to attract followers and potential customers.
At the end of the day, people want to know the people behind the brand and are interested in seeing how everything works behind the scenes, so don't be afraid to get up close and personal with your content.
Search Engine Optimization
People search for information about local businesses, services, sights, and experiences online. The key to success in SEO is to understand people's search intent.
Search engines are likely the first place where people start finding information about companies that offer event planning and rental services in their area. As party rentals are local companies by nature, you must optimize your website and other online touchpoints for local searches .
If you need more ideas and inspiration to market your business, check out the 12 digital marketing strategies that every business owner should know .
How to choose the right rental equipment for your party rental company
No one gets into this business with expectations of closing it down shortly. We all hope our businesses will keep climbing to greater heights.
And it is for this reason, you should be keen when selecting the equipment you will be renting, whether it's chairs, tables, sound, or cooking equipment. Remember: it's an investment. You don't want to go back and buy the same thing just a few months after you initially bought it.
While there are many things you should consider before investing in a piece of equipment, here are some main factors you should keep in mind.
Product demand and fit
This is the first thing you have to mind. Since this is a business venture, you should only buy equipment that will increase your party rental business's profitability.
Depending on what kind of party or event rental business you're running, your products' demand might highly depend on trends and seasonality.
The location also has a lot to do with your offering. If your customer base is located in the heart of the city and needs to rent out a space for an event, they'll most likely need basics like matching chairs and table sets, canopies, cutlery, and decoration.
If you operate in the suburbs, your customer base is more likely to own some of the things they might need but still be on the lookout for something special, like themed decorations, inflatables, sound systems that fit a festival, and so on.
As mentioned earlier, you are in business to stay, so whatever equipment you need in the company should be durable. You don't want to buy chairs and tables that will break during the first party and disappoint your customer's guests.
Since, occasionally, parties tend to get rough, you'll need equipment that can withstand day-to-day wear and tear. Ask yourself: will this equipment handle the test of time and grow with you? Is it future-proof? These questions will help you pick gear that will serve you for a long time and give a lot of value for your money.
An essential part of running a rental business, especially if we're talking about small companies just getting started in the party rental industry, is managing the inventory. Purchasing equipment is one part of inventory management and getting started, and the other is maintenance.
To put it short: the longer your products last and can be utilized, the more profit you will get.
So, in addition to making sure that you're purchasing equipment relevant to your target market, make sure that they're high-quality and serve you a long time. Consider also the spare parts that you might need for them.
Let's say you have a luxurious, high-tech sound system up for rent, and something happens to it. Repairing costs and replacing some parts can become extremely costly and a loss-making product for your business. For example, having products from the same brand often makes finding spare parts much easier and cheaper.
Check out our guide on choosing the perfect products for your rental business →
How to grow your party rental business
If you've already got some wins, you might be wondering where to go from there. Here are a few ideas on how to give your party rental business the boost it needs to grow to the next level.
There are many options for complementing party rental equipment with services. Some relevant examples include offering delivery, building, and dismantling services. You can choose to have the cost of the work to the price of the rental equipment, but it might be a good idea to offer it as an extra service. It depends obviously on the type of equipment you rent.
Other possibilities include offering design services, catering, program planning, etc. You need to pay great attention to the quality of these services as they determine your business reputation and customer retention. Nothing puts a customer off more than a late delivery or an event that didn't match expectations.
The biggest tragedy in any business is not telling a client about all your services. And this is a mistake that most people in the party rental business make. Upselling is a powerful business technique for generating more revenue.
Upselling confirms how well your company understands your customers' needs. Do they know that décor services are also a package you can provide?
Sometimes, up-selling might even be where the real money is made in your business. Aside from increasing revenue, upselling also increases customer loyalty since people buy more from you.
Give your customers real-life examples
This is another upselling trick. Most customers only believe in you after seeing what you can do. So use photos and reviews from other clients to give your clients a picture of what they can expect from you.
For example, if you have a décor package, show them photos of previous décor themes that you used and left your clients pleased. Pro tip: social media is also an excellent channel for this.
Build a strong customer care team
The most significant resource in your business is your workers. This is why you should continuously invest in them since they are the face of your business to the world. They are the ones who deal directly with your clients both in-person and online.
Teach them how to spot upselling opportunities and tie them back to solving the customer's problems. You can even arm them with tools that help them convince customers of your upsell offer. For example, a tablet to show off your portfolio. Lastly, offer incentives (for example, a sales commission) to your employees to keep them excited and motivated about upselling.
Opening second locations is one of the best ways to scale the business. Finding new locations will, in turn, help you reach more people. However, don't forget to do some geographical research to see whether your services are needed in a given region.
The demand for party supplies is increasing in all cities across the globe. However, the competition is also stiff. But don't let that scare you. The market could always use a new perspective.
If you treat your customers with care and conveniently offer what they need for their parties at reasonable prices, you'll have a hard time keeping up with the demand!
Article written by Eliisa L.
The storyteller that spends her time in the studio, outdoors, or creating the best, most relevant content for rental shops.
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So You Want to Create a Table and Chair Rental Business? Read This First
- Party Rentals
Creating an events business can be a challenging task to take on. You should consider whether the business will be profitable for the long term. It will also depend on whether the type of service you are planning to offer is feasible within your location. More importantly, your business venture should be something that you would want to work to for several years.
Thinking of an easy-to-manage events business?
Owning an event rentals business takes a lot of dedication and lots of skills for it to be successful. An events business is generally broad and you can choose to be a jack-of-all-trades if you want to. On the other hand, you can also focus on certain parts of events planning.
For example, you can choose to come up with for wedding tent rental packages if you want to focus on covering wedding events. You can also consider creating a tent rentals business for all sorts of events (aside from weddings). Or perhaps you can go for a table and chair rentals business.
Tables and chairs may be one of the most taken-for-granted elements of any events settings. Normally, event holders would focus on the stage design, catering, and other event elements. But not almost always tables and chairs.
However, these simple furniture do play an important role in most types of events. Whether it’s a wedding, a bar mitzvah, sweet sixteens, or any other events you can think of, all of them need tables and chairs to accommodate and make the guests the entire time.
Why you should consider a table and chair rental business
It can be a good idea to create a table and chair rentals business. As mentioned, these are some of the most important elements of events planning (unless it’s an outdoor music concert where everyone would most likely enjoy the event standing up rather than seated). Otherwise, here are other reasons why it is a good idea to set up a table and chair renting business.
It is easy to manage.
You will simply have several chairs and tables to be used for an event. It doesn’t matter whether it is a small or large event. You will only have to take care of the logistics and permits to deliver the chairs and tables on the event site. Set up may be needed but it won’t be as complicated, unlike full-blown events setups.
Clients can save a lot in renting tables and chairs.
Instead of buying chairs and tables for an event that will only last for a day or two, clients can save a lot if they choose to rent instead. You can also adjust to the quantity depending on the clients’ needs, so basically all kinds of events can be served.
It won’t cost much on maintenance.
There is a minimal to no maintenance efforts required in managing a table and chair renting business. If there is a damaged table or chair, you can have it fixed or replaced. Generally, most chairs and tables won’t cost as much unlike tents and other technical equipment.
Things to consider in creating a table and chair renting business
By now, you may have already realized how easy and potentially profitable a table and chair renting business can be. However, you should consider the following first before creating any event rentals business.
Consider your market.
In any type of business, it is important to consider if there is a potential market for event renting. Basically, the more populated an area, the higher the chances that there will be events held in private and public venues. You can also contact these venues and determine whether they will need a table and chair rental for any event that will be held there.
Consider other services.
Aside from tables and chairs renting services, you can also consider other related services such as event setup and linen rental. You can also partner with a laundry shop for additional mileage.
Create a business plan.
Even if it is just a simple table and chairs rental business, it is still business and therefore needs a serious business plan. This is to help you create a plan on how you will execute your business. At the same time, you can determine potential setbacks that can affect your business.
Find the best tables and chairs rental supplier near you
Tables and chairs renting business can be one of the easiest types of event rentals businesses out there. But for major event requirements, you can hire party tent rentals in Maryland . Contact one today!
Table and Chair Rental Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business ideas » Entertainment Industry » Party Rental Business
Are you about starting a table and chair rental company? If YES, here is a complete sample table and chair rental business plan template & feasibility report you can use for FREE .
Table and chair rental business is all about leasing different types of chairs and tables that are used for parties and other events both outdoors and indoors. It is important to point out that table and chair rental business is one the businesses that can’t go out of fashion because of the role it plays in the party and events industry.
Depending on the scale you want to start, the startup capital for this type of business can be considered to be moderate. As a matter of fact, you can start your own table and chair rental business and then grow it big within a short period of time by reinvesting your profits back to the business.
The service delivery for a table and chair rental business is simple and straightforward, especially if they are not involved in other complimentary services in the scope of the business. So if you have decided to start a table and chair rental business, then you should ensure that you carry out feasibility studies and also market survey.
Below is a sample table and chair rental business plan template that can help you to successfully write your own with little or no difficulty.
A Sample Table and Chair Rental Business Plan Template
1. industry overview.
Table and chair rental business is a subset of The Party Supply Rental industry and establishments in this industry are basically involved in renting out tables, chairs, flatware, linens, centerpieces, stages, tents, canopies, public address system, red carpet, drums, plates, glasses, cutleries and other items for public and private parties and events.
The overall revenue generated in the party supply rental industry shrank slightly in 2011 as businesses and consumers wary of the recent recession held off on event spending. But renewed assurance in the economy in successive years has encouraged businesses and consumers to host events that require products from the Party Supply Rental industry.
Continued economic recoveries will likely aid growth through 2022. So also, with higher personal and corporate income, households and businesses are projected to expand their party budgets, which will allow them to spend more on rentals beyond basic necessities to full-service products et al.
Statistics has it that the Party Rental industry in the united states of America, is worth about $5 billion, with an estimated growth rate of 3.7 percent between 2013 and 2018. There are about 12,184 registered and licensed party rental businesses in the United States and they are responsible for employing about 50,470 people.
In the United States, only Classic Party Rental Company can boast of having a lion market share in the industry. Despite that, the industry is still very much open for competitions from aspiring investors who would want to launch their own business.
According to report recently published by IBISWORLD, in the United States, the regions that have the greatest concentration of table and chair rental companies are the Southeast, the West, the Great Lakes and the Mid-Atlantic.
The distribution of companies is based mainly on the number of households and median income levels by region. Besides, party rental companies tend to locate their businesses near major metropolitan areas, which generate a steady stream of demand for corporate and social events.
The Southeast region has the greatest concentration of industry establishments, estimated at 31.9 percent of the total in 2015. The Southeast is the most populated region of the United States; therefore, given the high proportion of households, there is a greater demand for rental supplies for social events and corporate events.
No doubt the party supply rental industry is indeed a profitable industry to venture into despite the fact that the entry bar is not too difficult to scale through.
The truth is that if a table and chair rental business is stocked with different types of chairs, tables, other party rental items and also well positioned in an environment with the right demography, they will sure attract regular clients and their items will be well booked all through the year.
2. Executive Summary
Jessica Brown® Tables and Chairs Rental is a licensed table and chair rental company that will be based in Charleston – West Virginia. We have been able to secure a corner piece property in a centralized and busy location in the heart of the city; a location with the right demography for the kind of business we want to run.
We are in business not just to rent out different types of tables and chairs but also other party supply items such as flatware, linens, centerpieces, stages, tents, canopies, public address system, red carpet, drums, plates, glasses, cutleries and other items for public and private parties and events.
We will be involved in delivery and pick up, item maintenance repair, damage waiver and security deposit, and also we will target events such as weddings, birthdays, corporate events, banquets etc.
Jessica Brown® Tables and Chairs Rental is a client-focused and result driven outfit that provides standard and reliable chairs and tables at an affordable fee that won’t in any way put a hole in the pocket of our clients. We will offer standard and professional services to all to our clients.
Jessica Brown® Tables and Chairs Rental, LLC will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.
We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.
Our plan is to position Jessica Brown® Tables and Chairs Rental, LLC to become the leading brand in the party supply rental industry in the whole of West Virginia, and also to be amongst the top 3 tables and chairs supply rental outfits in the United States of America within the first 5 years of operation.
This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies and we are confident that Charleston – West Virginia is the right place to launch our business.
Jessica Brown® Tables and Chairs Rental is owned by Mrs. Jessica Brown and her immediate family members. The organization will be managed by Mrs. Jessica Brown who has over 10 years of hands on experience working at various capacities within the party rental and event planning industry in the United States. Mrs. Jessica Brown is a graduate of Business Management from the University of West Virginia.
3. Our Products and Services
Jessica Brown® Tables and Chairs Rental, LLC is going to offer varieties of services within the scope of the table and chairs rental business. Our intention of starting our table and chair rental company is to make profits from the industry and we will do all that is permitted by the law in the US to achieve our aim and ambition.
Our business offerings are listed below;
- Tables and chairs rentals
- Other party supply rental (tables, chairs, flatware, linens, centerpieces, stages, tents, canopies, public address system, red carpet, drums, plates, glasses, cutleries and other items for public and private parties and events)
- Items delivery and pick up, item maintenance repair, damage waiver and security deposit.
4. Our Mission and Vision Statement
- Our vision is to build a table and chair rental business that will become the number one choice in the whole of Charleston – West Virginia.
- We want to be the ‘go to’ party rental company.
- Our mission as a table and chair rental company is to build a business with the capacity to rent out different types of tables and chairs for both large and small events; we are set to meet the needs of all our clients no matter our large the events they intend hosting.
Our Business Structure
Jessica Brown® Tables and Chairs Rental intends to start small in Charleston – West Virginia, but looks to grow big in order to compete favorably with leading table and chair rental companies both in the United States. We are aware of the importance of building a solid business structure that can support the kind of world class rental business we want to own. This is why we are committed to only hiring the best hands within our area of operations.
At Jessica Brown® Tables and Chairs Rental, LLC, we will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders.
As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions in our organization;
- Chief Executive Officer (Owner)
- Customer Services Executive
- Truck Driver
5. Job Roles and Responsibilities
Chief Executive Office:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results
- Responsible for fixing prices and signing business deals
- Responsible for providing direction for the business
- Achieves maximum profitability by controlling costs and quality of equipment and service.
- Carries out induction for new team members
- Responsible for training, evaluation and assessment of employees
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Manages the rental of tents and other party rental equipment (tables, chairs, flatware, linens, centerpieces, stages, tents, canopies, public address system, red carpet, drums, plates, glasses, cutleries and other items for public and private parties and events)
- Responsible for party supply rental control policies and completion of necessary forms.
- Follows proper purchasing and requisitioning procedures.
- Co-ordinates the general assembling and dismantling of tables, chairs, stage and ensure that they are safely transported to and fro event venues.
- Documents all customer contact and information
- Helps to increase sales and growth for the company
- Responsible for financial forecasting and risks analysis.
- Accountable for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensures compliance with taxation legislation
Client Service Executive
- Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Manages administrative duties assigned by the manager in an effective and timely manner
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
Truck Drivers and Assistants:
- Responsible for transporting tables and chairs and workers to and fro event venues
- Helps in offloading and loading chairs and tables
- Helps in assembling and dismantling tables and chairs
- Helps in washing and cleaning chairs and tables
- Runs errand for the organization
- Handles any other duty as assigned by the party supply rental manager.
6. SWOT Analysis
Due to our drive for excellence, we were able to engage some of the finest business consultants in Charleston – West Virginia to look through our business concept and together we were able to examine the prospect of the business and to access ourselves to be sure we have what it takes to run a standard table and chair rental business.
Here is a of what we got from the critically conducted SWOT Analysis Jessica Brown® Tables and Chairs Rental, LLC;
Notwithstanding the fact that we have a wide range of chairs and tables suitable for any type of events and the business is well positioned and equipped to meet the 21 st century demand, we have a team that can go all the way to give our clients value for their money; a team that are trained and equipped to deliver on time. We are well positioned and we know we will attract loads of clients from the first day we open our doors for business.
As a new table and chair rental company, it might take some time for our organization to break into the market and gain acceptance in the already saturated party supply rental industry cum tables and chairs rental business especially from corporate clients; that is perhaps our major weakness.
Without a doubt, the opportunities in the party supply rental industry is massive considering the number of events that take place on a daily basis in the United States. As a standard table and chair rental company, we are ready to take advantage of any opportunity that comes our way.
Basically, the number one threat to our business is the arrival of a competitor within our location of operation and global economic downturn which usually prevents people from organizing events that will require that they rent tables and chairs.
7. MARKET ANALYSIS
- Market Trends
It is a known trend that increase in personal disposable income allows households to host and spend more money on elaborate social events (e.g. birthday parties and weddings et al) that require tables and chairs rentals.
Conversely, when consumers have limited budgets, they typically downsize their events and reduce their expenditure on industry goods. Per capita disposable income is expected to rise over 2017, representing a potential opportunity for the industry.
Over the five years to 2017, rising disposable income and corporate profit have spurred demand for events that require supplies rented by this industry. As a result, industry revenue is expected to rise at an annualized rate of 3.7 percent over the five-year period, to total $5.3 billion.
Despite growth in the economy, the industry struggled prior to the beginning of the period, as operators offered low prices to bring in consumers following a period of economic uncertainty. As the economy has gained momentum over the five years to 2017, industry operators have been able to somewhat expand their leasing prices.
Lastly, aside from excellent customer services, table and chair rental companies ensure that they have some of the best and comfortable tables and chairs and other party rental items they can get even if it means importing them or customizing them. This will enable them to continue to welcome repeated customers on a regular basis.
8. Our Target Market
The fact that Jessica Brown® Tables and Chairs Rental will initially serve small to medium sized events does not in any way stop us from growing to be able to compete with the leading table and chair rental companies in the United States.
As an all – round table and chair rental company, Jessica Brown® Tables and Chairs Rental will make available a wide range of tables and chairs hence we are well trained and equipped to service a wide range of clientele base. Below is a list of the people and organizations that we have specifically design our products and services for;
- Potential Couples
- Wedding planners
- Event planners
- Party planners
Our competitive advantage
We know that to be highly competitive in the tables and chairs rental business means that your tables and chairs must be of high standard and your business must be well – positioned and equipped, you should be able to deliver consistent quality service, and your clients should be able to give a nod to your services.
Jessica Brown® Tables and Chairs Rental has been able to stock highly comfortable chairs and tables, within the first year, we will offer free delivery and pick up of rented items and we have the capacity to meet up with the demand for tables and chairs no matter how urgent or how large the demand might be.
Lastly, our employees will be well taken care of, and their welfare package will be amongst the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Jessica Brown® Tables and Chairs Rental, LLC is established with the aim of maximizing profits in the party supply rental industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis and sign retainer – ship with most of our clients.
Jessica Brown® Tables and Chairs Rental, LLC will generate income by offering the following services for individual clients and for corporate organizations;
10. Sales Forecast
One thing is certain, there would always be parties, indoor and outdoor events in the United States of America and as such the services of table and chair rental companies will always be needed.
We are well positioned to take on the available market in Charleston – West Virginia and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow the business and our clientele base.
We have been able to examine the tables and chairs rental market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projection for Jessica Brown® Tables and Chairs Rental, LLC, it is based on the location of our business and the wide range of party supply items that we will be offering;
- First Fiscal Year: $150,000
- Second Fiscal Year: $200,000
- Third Fiscal Year: $250,000
N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and natural disasters within the period stated above. There won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
We are mindful of the fact that there is stiff competition amongst table and chair rental companies in the United States of America; hence we have been able to hire some of the best business developers to handle our sales and marketing concerns.
Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to meet their targets and the overall goal of the organization. We want to build a standard table and chair rental business that will leverage on word of mouth advertisement from satisfied clients.
Our goal is to grow our table and chair rental company to become one of the top 3 table and chair rental companies in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with in the industry.
Jessica Brown® Tables and Chairs Rental, LLC is set to make use of the following marketing and sales strategies to attract clients;
- Introduce our business by sending introductory letters alongside our brochure to event planners, wedding planners, party planners, religious organizations, schools, households and key stake holders in Charleston and other cities in West Virginia
- Advertise our business in relevant event related magazines, newspapers, TV and radio stations.
- List our business on yellow pages’ ads (local directories)
- Create different packages for different category of clients in order to work with their budgets and still deliver services to them
- Leverage on the internet to promote our business
- Encourage word of mouth marketing from loyal and satisfied clients
- Join local chambers of commerce and industry with the aim of marketing our business
- Make use of attractive hand bills to create awareness and also to give direction to our facility
- Adopt direct mailing coupon marketing approach
- Position our signage / flexi banners at strategic places in and around Charleston – West Virginia
- Create a loyalty plan that will enable us reward our consistent clients especially those that refer clients to us.
11. Publicity and Advertising Strategy
We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market.
We are set to take the event planning and party rental industry by storm which is why we have made provisions for effective publicity and advertisement of our rental company. Below are the platforms we intend to leverage on to promote and advertise Jessica Brown® Tables and Chairs Rental, LLC;
- Place adverts on both print (community based newspapers and magazines) and electronic media platforms
- Sponsor relevant community based events / programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our brand
- Install our mini billboards in strategic locations all around Charleston – West Virginia
- Distribute our fliers and handbills in target areas
- Ensure that all our workers wear our branded shirts and all our vehicles and trucks are well branded with our company’s logo.
12. Our Pricing Strategy
At Jessica Brown® Tables and Chairs Rental, LLC we will keep our fees below the average market rate by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to startups, nonprofits, cooperatives, and small social enterprises.
We are aware that there are some clients especially event planning outfits that would need regular rentals of tables and chairs, we will offer flat rate for such services.
- Payment Options
The payment policy adopted by Jessica Brown® Tables and Chairs Rental, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Jessica Brown® Tables and Chairs Rental, LLC will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via credit cards
- Payment via online bank transfer
- Payment via check
In view of the above, we have chosen banking platforms that will enable our client make payment for renting our tables and chairs without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.
13. Startup Expenditure (Budget)
When it comes to starting a table and chair rental business, the major areas that you look towards spending the bulk of your cash is of course renting or leasing a standard store facility.
Aside from that, you are not expected to spend much except for paying your employees and providing your rental stock. However, this is what it would cost us to set up Jessica Brown® Tables and Chairs Rental, LLC in the United of America;
- The total fee for incorporating the Business in the United States of America- $750.
- The budget for basic insurance policy covers, permits and business license – $2,500
- The amount needed to acquire a suitable facility that will accommodate our chairs and tables and other items meant for rentals and small office facility (Re – Construction of the facility inclusive) – $80,000.
- The cost for equipping the office (computers, software applications, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $5,000
- The cost of launching an official Website – $600
- The cost for the purchase of standard chairs and tables and other party supply items – $50,000
- The cost for the purchase of a truck – $10,000
- Budget for paying at least 4 employees for 2 months plus utility bills – $30,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500
- Miscellaneous: $5,000
Going by the report from the market research and feasibility studies conducted, we will need about four hundred and fifty thousand ( 200,000 ) U.S. dollars to successfully set up a medium scale but standard table and chair rental business firm in the United States of America.
Generating Funds/Startup Capital for Jessica Brown® Tables and Chairs Rental, LLC
Jessica Brown® Tables and Chairs Rental will be owned by Mrs. Jessica Brown and her immediate family members. They are the only financiers of the business, but they may likely welcome partners later which is why they decided to restrict the sourcing of the startup capital for the business to just three major sources.
- Generate part of the startup capital from personal savings
- Source for soft loans from family members and friends
- Apply for loan from the bank
N.B: We have been able to generate about $50,000 ( Personal savings $30,000 and soft loan from family members $10,000 ) and we are at the final stages of obtaining a loan facility of $150,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.
One of our major goals of starting Jessica Brown® Tables and Chairs Rental, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to rent out our tables and chairs and other party supply items / equipment a little bit lower than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.
Jessica Brown® Tables and Chairs Rental, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
- Business Name Availability Check : Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of Insurance for the Business: Completed
- Securing a standard facility and reconstruction inclusive: In Progress
- Conducting Feasibility Studies: Completed
- Generating part of the startup capital from the founder: Completed
- Applications for Loan from our Bankers: In Progress
- Writing of Business Plan: Completed
- Drafting of Employee’s Handbook: Completed
- Drafting of Contract Documents: In Progress
- Design of The Company’s Logo: Completed
- Printing of Promotional Materials: Completed
- Recruitment of employees: In Progress
- Purchase of the needed furniture, office equipment, electronic appliances and facility facelift: In progress
- Purchase of various sizes of standard chairs and tables and other party rentals items: Completed
- Purchase of truck: Completed
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Health and Safety and Fire Safety Arrangement: In Progress
- Establishing business relationship with event planners, vendors and key players in the industry: In Progress
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How to Start a Rental Business in 2024: A Step-By-Step Guide
The rental industry is growing at an incredible rate over the past decade. However, it can be intimidating to get started as a beginner. Starting and running a rental business in 2024 requires determination, and there are many decisions to make along the way, but it’s worth it once you’re up and running.
The world is becoming more environmentally and economically conscience which has led to the growth in demand for rental services. Rental businesses are a growing industry and it’s a great opportunity to get in while it is continuing to grow, so you need to be sure you get everything right.
To help you get started, we’ve created a comprehensive blueprint that will guide you through each stage of starting a rental business. It is compiled from our best content and includes blog posts organized by the most critical tasks. We’ll go through researching, launching, and growing a profitable rental business.
1. Identify your rental business idea
Choosing products to rent.
The first step to start a rental business is knowing what products your want to rent in-store and online. This is often quite challenging if you want to create a rental business but have no idea what to rent. You can try turning your hobby into a rental company or take a look at the most rented items in 2024 and most profitable rental businesses to get some inspiration.
Validating your idea
Next, you’ll want to evaluate your idea to ensure you’re set up for success before launching. This is a crucial step to take before you invest any cash into your rental business. Once you have your product idea in mind, you need to validating your rental business idea to see if it has a chance of succeeding.
Market validation is a process every entrepreneur should undergo when starting a new business. It is used to determine a need for a product or service within the target market. For example, by validating your rental business idea, you can predict whether people want what you’re offering and if it will be profitable for you to start.
It’s essential to get this validation early in creating a business, so you don’t waste time or money on something that isn’t a good fit. In addition, market validation will help instill confidence in your idea and allow you to move forward, knowing that there is room for your new rental business in the world.
Preparing to be organized
After you know you have a strong product idea, your next step to starting a rental business is working out where and how you will obtain your products. In addition, you need to start thinking about inventory management , how you will label your assets, and what equipment maintenance will look like. The last one is key to knowing how much is worth investing in products.
Most new companies start by renting out just one or a few products. If you have many different items, you might run into situations where you don’t have enough stock, no availability insights, or not enough staff. When your processes aren’t ready for the number of bookings coming in, running a rental business becomes stressful quickly.
You get to know the renting process before you get overwhelmed by taking baby steps. It keeps your initial investment low, minimizes risk, and allows you to build a strong foundation from which you can slowly expand your business. It is also important to get the right rental software to manage your inventory and online store to set you up for success.
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2. Conduct market research
Research your competition.
So, you’ve decided on your products, evaluated their potential, and sourced a supplier. Now, it’s time to do thorough research to learn what you’re competing against and how you can stand out from the competition . This will allow you to understand what tasks lay ahead for your new rental business.
Before starting your rental business, know what your customers want and go from there. Here are some helpful questions to answer:
- What do potential customers want? Are they looking for high-end equipment? Which brands or specific products are popular, or don’t they care about that?
- How much are they willing to pay? Instead of pulling random numbers, get a rough estimation of what your customers are willing to pay. Is your pricing reasonable compared to the original purchase price of the product?
- Where can they get similar items? Don’t forget to analyze your competitors. Are you competing with other rental companies, or can potential customers buy similar items at retail stores?
- Do they need more than rentals? Are there any other products your customers need in addition to rentals? Offering services and sales items can be a great way to increase the average order value and be helpful at the same time.
Writing a business plan
As with any new business, you can’t dive in head-first; you need a plan for your rental business . This plan must be precise and comprehensive as there is much investment involved, and it needs to be easy to understand within five minutes. This will be the best way to know how you will proceed.
When creating your business plan, location is a crucial factor to consider. Location matters unless you’re shipping items to the customer. That’s because starting the same business type in two different places can yield very different results.
For example, a bike rental business near a popular tourist attraction will have a higher volume of walk-in customers than on the outskirts of town. The location will define the customer base and affect how you receive bookings.
3. Creating your branding
Naming your business.
Figuring out what to rent may be difficult, but don’t underestimate naming your rental business and purchasing a domain. It can be a challenging decision as you need to have one that fits industry standards, is memorable, and appeals to consumers. It can be good to have a few choices at hand because one may already be taken.
Creating brand assets
Once you have a name and domain worked out and registered, it’s time to create your branding assets. This includes a logo, social media accounts, and any other marketing materials you need. The process of branding for a rental business includes getting to know your brand, its target audience, the story you want to tell, and how you can create value.
Start with building your rental website
Every new rental business starts with a website to get their first bookings.
4. Preparing to launch
You’re almost ready to build your online rental store now that you have your name, domain, and brand assets created. However, before you dive in, you need to understand the basics of SEO to structure your website in the best way to be noticed by Google and other search engines.
Building your store
You can build your online rental store now that you know how search engines work. Luckily, creating one has gotten more accessible. You no longer need a technical background or deep pockets. There are many elements to consider, from choosing a website builder to writing captivating product descriptions and getting beautiful product photography for your rental website .
For equipment rentals, online bookings have many advantages:
- People don’t have to leave the house or pick up the phone to place an order
- They can book 24/7, 365 days per year, without being restricted by business hours
- They can plan and reserve in advance
- They have access to more product information and can easily compare prices.
When you’re ready to launch your new rental business, there are a few things that you need to prepare. First is creating rental agreements so that you and your customers are protected. It would be best to run a fine comb through all your product pages to make sure they meet ecommerce seo guidelines for success .
In addition, you will need to set up Google Analytics for your website so that you can keep track of performance. Finally, you need to know how to get traffic to your rental website , which will define how you begin your marketing efforts.
5. Marketing your rental business
Well done! You’ve created your rental business, and it has a shiny new website that’s helping you get your first customers. Now, it’s time to grow your business and reach more people.
A quick way to build up your reputation is through social proof by getting reviews from your first customers. There are also several low-cost ways to market your rental business that will help you get started with minimal investment.
It’s also important to get social media right from the start and knowing how to use Instagram as a rental business , will bring you up to speed. If you’re feeling confident, you can also dip into Google Ads , which will help to increase the visibility of your website in Google search results.
Starting your own rental business
At this point, you know some practical tips and tricks for successfully starting your own rental business.
Starting a rental business isn’t easy, but it also doesn’t have to be intimidating. So whether you want to start a business from home to bring in some extra money every month or want to be self-employed, these steps will help you hit the ground running. In addition, you need have stamina because it can take time for any business to really get started and show that it is sustainable.
Don’t keep the idea in your head. With the right preparation, you can build a strong foundation and start getting familiar with the process of renting. Now that you know how to launch your own rental business, it’s time to get to work.
Explore more posts
How Rentals Can Complement Your Equipment Sales
How to Start a Table and Chair Rental Business in 2024
How to Start an Equipment Rental Business in 2024
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How to Start Your Table and Chair Rental Business
Conducting proper research is a must if you are looking to start your table and chair rental business. Considering that there is no decrease in the events happening, this indeed is a profitable business.
Moreover, there are a lot of reliable suppliers that supply high-quality furniture, that you can buy once and rent out for a long period of time. Without, of course, worrying about the quality of the furniture deteriorating.
Learning how to start a chair and table rental business is simple. The fact that you don’t have to be present all the time makes beginning a table and chair rental business so enticing. This step-by-step manual will help discover more about this business endeavor and decide whether taking the next step in your entrepreneurial career is right for you.
Step 1: Research Your Goal Marketplace
Table and chair rental businesses target a specific demographic since furniture is always in demand. Companies that hire tables and chairs frequently provide a selection of tables and chairs for rent. One can be rented for a brief period by corporate offices, party planners, and those who do not want to spend much money on a table and chair.
This is the perfect option for businesses and people that simply require a few tables and chairs for a single day. A table and chair set is delivered to a specific place and picked up at the end of the rental time when you rent it.
Analyze the market, and find your target marketplace. You can either try and establish a strong foothold in providing rental furniture to weddings, corporate events, or both, for instance.
Step 2: Evaluate Your Resources and Services
Choose a reliable supplier based on the requirements for business. You should rely only on one source out of many suppliers. Depending on the industry you are supplying for, the provider may be domestic or from outside. The logistics for delivering orders to the consumers’ doorsteps should also be decided.
Keekea has set the bar for slick, fashionable furniture. Every bespoke item they produce is a work of art made by one of their talented artisans. When it comes to manufacturing modern and contemporary commercial furniture, Keekea is a well-known brand.
Step 3: Create a Business Plan
Once you have figured out the business needs, the next step is to figure out the business plan. This includes how you want to reach out to your customers, how you want the payments to be made and so on.
Small, independent businesses initially do not garner attention. Therefore, setting up a highly trafficked site would be ideal. Even while the table and online chair marketplace allow you to sell as a commercial seller without paying a set monthly price, it is advisable to pick a subscription-based package if you want to sell many goods.
Give a thorough explanation of each item’s key characteristics. Make the products appear appealing. Customers provide you with feedback, which is crucial for a startup company. You must receive the highest customer ratings to maintain a positive reputation for the shop.
Don’t forget to include the mission statement on the webpage where you rent tables and chairs. Include a justification for why clients should rent from you. The table and chair rental business may be found online thanks to a website, which gives it a digital presence.
You must choose the domain name before telling everyone where to find the website. The best advice is to keep it brief and use the brand name as the domain name. Remember that the brand name should reflect the business’s goal and customers’ perception of the products.
Set up Online Payment for Table and Chair Retail Business
Ensure you offer the most widely used gateway alternatives that domestic and foreign clients may utilize. You must rule out the idea that they may purchase at another online store for tables and chairs just because of the payment method. Sort the payment methods into Wallet payments, Net Banking, Credit and Debit Cards, and EMI alternatives.
These payment choices are incorporated and integrated into the template and will function with only a few clicks.
The next step is to establish an online presence and begin posting the table and chairs for rent, whether you decide to use an online marketplace or an eCommerce platform. Uploading
Step 4: Prepare for Licensing and Insurance
Get the table and chair rental business registered.
You must register the table and chair rental business before lawfully operating it. Before registering a table and chair rental firm, you must decide on a business structure. Because the way you set up the table and chair rental business may impact the taxes and legal obligations, you’ll want to make an informed choice.
Think about the standard company structure shown in the example below:
- Solo Entrepreneurship: This unincorporated business is owned by a single person or a married couple. The taxes will be included on the personal tax return, and the firm won’t need to register.
- Limited Partnership: It is equivalent to an unincorporated business with several proprietors in terms of registration and taxes. The way it functions is likewise comparable to a sole proprietorship model.
- Limited-risk enterprise (LLC): A registered company offers personal liability protection to all of its members if the table and chair rental business is sued. You might choose to tax the company as a corporation or a partnership. One of the best alternatives for creating an LLC for the table and chair rental business is Incfile. Tax deductions are usually available for these costs.
- Corporation: The two most common forms of companies are S-corporations and C-corporations. The taxes you pay depend on the kind of organization you incorporate.
Create a tax account and get an EIN
You must always abide by the law if you own a personally responsible business. Adherence to all applicable tax, licensing, and labor laws are necessary. You may save a ton of time, money, and worry in the long run by learning about any legal regulations that might be relevant to the table and chair rental business.
The table and chair rental business’s structure, along with other decisions you make, will have an impact on the taxes you must submit and pay. To be sure you’re headed in the correct direction, see a tax professional as soon as possible.
If the table and chair rental business employ people, you will require an employer ID number. It is also known as a business’s EIN or tax ID number. You may get an EIN from the IRS online for free to file taxes for the table and chair rental business. It is required to create a business bank account, get a business credit card, or submit a loan application. Even if you don’t intend to recruit staff, obtaining an EIN offers several benefits.
Step 5: Invest in the Right Tables and Chairs to Rent
If you are starting a table and chair retail business, you should definitely visit the Keekea website for your business. Distributors and other companies supporting distributors that serve clients in the residential, commercial, retail, hospitality, and other sectors have trusted Keekea as a dependable chair and table maker.
The work Keekea produces is the result of years of experience making modern chairs and tables in various designs. Keekea develops a concept that satisfies the company objectives while considering your needs, target audience, and budget. Contact Keekea now.
Starting your table and chair rental business may take a lot of time and effort, but it will be worth it when you support hassle-free services for more and more events. In this process, providing your clients with reliable tables and chairs is the most important part. You need to choose a quality supplier to offer you as many styles of tables and chairs as possible for your customers to choose from. And source the most durable products, so that you will not have to constantly repurchase your assets because of poor quality, adding to the costs of your table and chair rental business.
For instance, smart and reliable table and chair suppliers like Keekea that provide a range of opulent and exquisite styles of tables and chairs is your best choice. Contact Keekea for your custom tables and chairs for your rental business.
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How to Start a Table and Chair Rental Business
By Happy Sharer
A table and chair rental business is an exciting venture that allows entrepreneurs to provide customers with furniture for events such as weddings, conferences, or parties. This type of business requires careful planning and research in order to be successful. The following article outlines the necessary steps to start a table and chair rental business.
Outline Necessary Requirements
Before starting any type of business, it is important to familiarize yourself with local regulations and licensing requirements. Depending on your location, you may need to obtain permits or licenses in order to operate legally. Additionally, you will need to calculate the start-up costs, including the cost of purchasing tables and chairs, advertising, and insurance, and obtain sufficient funding to cover these costs.
Create a Business Plan
Creating a business plan is essential for any business, regardless of size. The plan should include a mission statement, a market analysis, and objectives. The mission statement should clearly define what the company’s purpose is and how it plans to achieve its goals. The market analysis should consider the demographics of the target market, including age, gender, and income level. Objectives should be established in order to measure success.
Invest in Equipment and Supplies
When starting a table and chair rental business, it is important to invest in quality equipment and supplies. You will need to determine the type and quantity of tables and chairs needed in order to meet customer demand. Once you have determined the type and quantity needed, you can source suppliers who offer competitive prices.
Develop Pricing Strategy and Promotional Tactics
Once the equipment has been sourced, you will need to develop a pricing strategy. Consider the demographics of the target market when setting prices. Additionally, you will need to design promotional strategies in order to reach potential customers. These strategies may include online marketing, print ads, and word of mouth.
Starting a table and chair rental business requires careful planning and research. Outlining necessary requirements such as researching local regulations and licensing requirements, calculating start-up costs, and obtaining funding are all essential steps. Creating a business plan, investing in equipment and supplies, and developing pricing and promotional tactics will also help ensure success. With the right planning, a table and chair rental business can be a successful venture.
(Note: Is this article not meeting your expectations? Do you have knowledge or insights to share? Unlock new opportunities and expand your reach by joining our authors team. Click Registration to join us and share your expertise with our readers.)
Hi, I'm Happy Sharer and I love sharing interesting and useful knowledge with others. I have a passion for learning and enjoy explaining complex concepts in a simple way.
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How to start a party rental business in 10 steps
If you are looking for tips on how to start a party rental business , then you’re in the right place! 🎉
If there is one thing to learn from living through pandemics and lockdowns, it’s that a lot can change in a year. As a software provider for party rental businesses and live event suppliers , we’ve experienced firsthand the impact of Covid-19 on our industry .
While this has been a very dark moment for the industry, many companies used this time to work on their strategies and improve their business processes.
And, contrary to popular belief, starting a party rental business today could be one of those milestones that you'll look back on years from now as one of the best decisions you’ve ever made.
But if you want it to be successful, you're going to have to take the time to reflect and strategize on your future business.
To guide you through this, here are 10 steps you can follow on how to start a party rental business :
Types of Party Rental Businesses Step 1: Study your market Step 2: Write your business plan Step 3: Register for business licenses, permits and taxes Step 4: Purchase the right equipment Step 5: Implement a pricing strategy Step 6: Get insurance Step 7: Keep track of your customers, orders, and due dates Step 8: Invest in marketing Step 9: Monitor your progress Step 10: Grow your team Things you should consider
Types of Party Rental Businesses
Ready to step into the world of party supplies ? Before you dive head-first into the nitty-gritty of your next business success, it is important to determine your niche in the industry.
Let’s explore 4 party rental business ideas ranging from low to high investment costs, but all with the potential for scalable growth!
1. Photo Booth Rental: Capture Memories
Photo booth rentals bring a unique and interactive experience to all kinds of events and for guests of all ages. These kinds of party rental supplies are easily adaptable, making them a worthwhile investment for starters. Set up a photo booth with props and backdrops for festivals, weddings, and corporate events.
Note that there are many different types of photo booths, from selfie stations to 360-degree photo booths. If you decide to go cheap on your initial investment, this means your rental price will be on the lower side as well.
Initial investment: $1.500 - $10.000 (photo booth and props)
ROI: Revenue per event: $700 Net profit per event: $600
You can also offer various packages including prints, digital copies, and customized photo booth experiences. Have a look at some of the options in the table below.
Keep in mind that idle time or an early setup time can cost you up to $75 per hour. So make sure you keep your photo booth as productive as possible!
2. Chair Rental: Creating Style and Comfort
A chair rental service provides customers with chairs for specific events or occasions. These types of party rental companies offer chairs for a designated period, along with convenient delivery and pick-up services.
Whether it's an intimate gathering or a large-scale affair, your chair rental business can help create the perfect seating arrangement to accommodate guests in comfort and style.
Initial investment: $3.000 - $10.000 (for 100 chairs) and $180 per month for a storage unit
ROI: Revenue per event: $200 (excl. delivery) Net profit per event: $190
This business idea can easily be expanded, by facilitating the next concept of tent rentals:
3. Tent Rental: Transforming Spaces
From elegant tents with flowing fabric and delicate lighting to sturdy frame tents, your tent rental business can cater to diverse event needs.
With an emphasis on quality and aesthetics, you can offer a range of options that match different themes and budgets, ensuring that each event is unique and memorable.
Initial investment: $2.000 - $10.000 (depending on the size of the tent) and $180 per month for a storage unit
ROI: Revenue per event: $750 per day for an event with 100 people Net profit per event: $650 per day (costs include transport and installation)
The rental price you can charge, really depends on the type and size of events you want to target. Let’s explore a couple of different options.
Source: A Party center and Meadow Valey Party Rentals
4. Wedding Party Rental: Unforgettable Celebrations
Excited about all three? Why not combine them and start a wedding rental business!
Whether it's an intimate gathering or a grand extravaganza, wedding rental supply businesses play a crucial role in offering a comprehensive range of options to realize a dream wedding.
Let's explore some successful examples of wedding rental businesses that have left a mark on the industry:
- Ship Our Wedding : has shaken up the event rental scene with their cool DIY platform. They have a large supply of rental items you can easily ship to any kind of venue.
- Rustic Wedding Chic : has successfully chosen a specific niche in the wedding rental industry, by solely focusing on the rustic aesthetic.
- Rent my Wedding : as the very first online wedding rental, this business is focused on shipping lighting, draping, and photo booths.
Haven’t found your niche yet? Here are 5 more creative ideas for a party rental business!
- Dance floors to rent
- Staging to rent
- Sound equipment to rent
- Cocktail bars to rent
- Inflatables to rent
Will you say ‘I do’ to one of these ideas? Then head on over to the next section, where we dive into the 10 steps to start a party rental business.
Step 1: Study your market
When starting a party rental business , the first thing that you should do is study your market. This step is called market research.
Market research is the process of gathering information on your target audience and market to understand their wants and needs.
Studying your market will provide you with insight into what methods work for your competitors, how they operate, and the services and prices they offer.
You can then use this information to determine how you should structure your product or services to bring an added value to your target market and find a competitive advantage for your party rental business.
Here are some questions that you can ask when conducting market research:
- Who are the current customers?
- What is their purchasing power?
- What types of products or services are they looking for?
- Where do these customers look for solutions?
- What are the current options available?
- What added value can you bring?
- What challenges do customers face?
- What are the challenges for the current market?
- How many people would be interested in your offer?
- What alternatives are currently available?
- What do potential customers pay for these alternatives?
- What influences purchases and conversions among your target audience?
Step 2: Write your business plan
After you’ve studied your market and identified business ideas, the next step in starting a party rental business is to start structuring your ideas in a business plan .
A business plan is a document that outlines your business’s objectives , and the strategies that will be implemented to help you achieve them.
In your business plan, you should include:
- findings from your market research
- your target market
- your go-to-market strategy
- your starting capital
- financial projections
- your business purpose, and mission
Writing a business plan down is an essential part of starting a party rental business because it makes you consider and research important aspects of the business that you may have ignored previously.
You should keep in mind that a good business plan is never completely done. As your business starts to grow, you will start making changes. It is always a good idea to review and update your business plan as things change or at least once a year to reflect on your goals for the upcoming year.
Updating your business plan will help you strategize , stay relevant in your market, and plan for what needs to be done to achieve your desired results.
Step 3: Register for business licenses, permits and taxes
When starting a business, you are expected to have the right licenses and permits for the country or state that you are operating in. Failure to do so can result in hefty fines, or even cause your business to be shut down.
Although there are generally no licenses required specifically for party rental businesses in most countries, business owners should check the local requirements of their country or state to be sure that they are in compliance with the laws and regulations that apply there.
If you are in the United States, you can apply for federal or state licenses and permits here .
It's also essential to have a clear understanding of the financial aspects, including tax obligations.
Registering for taxes is a crucial step for any business, ensuring compliance with legal requirements and avoiding potential penalties. To facilitate this, you will require an Employer Identification Number, which can be conveniently obtained through the IRS of your country, via their website, phone, or email.
US citizens can follow these steps:
- Decide in which states you want to conduct business.
- Look for the registration threshold for these states, to determine for which states your need to get a tax permit.
- Search for the taxing agencies in those states (usually called the State Department of Revenue).
- Follow the steps required by the taxing agency. Usually, this means you need to download the Sales and Use Tax Form from your state or fill it out online.
- It can take up to 4 weeks to receive your tax permits. Until that time, you are not allowed to collect rental sales tax from your customers.
Do not forget this crucial step before heading for success!
Step 4: Purchase the right equipment
When it comes to purchasing equipment for your party rental business, you should take the time to ask customers for the types of party rental equipment they tend to look for.
By doing so, you will start seeing trends emerge pointing toward popular items such as:
- folding tables
- folding chairs
- and party tents
But you will also see unique items such as:
- lighting systems
- photo booths
- bounce houses
- or food displays
Since purchasing equipment is likely to be one of your biggest investments, you want to make sure that you avoid idle inventory and that you don’t overspend in the beginning. It is cheaper and easier to buy more equipment later than to get rid of excess unwanted equipment.
🔎 Idle inventory is having items in your inventory that are not being used and are not needed to generate profit.
Therefore, you should not purchase all of the equipment that they mention when you launch your company, instead, you should make a priority list of equipment you need to purchase and a list of equipment that can be subrented .
By having a combination of your own inventory and a list of equipment you can subrent, you will be able to fulfill more of a customer’s needs in one sitting.
And if they can get all of the items they need from a single vendor instead of relying on three or four separate companies, that’s the option they’re most likely to take.
⚠️ When purchasing equipment, you should also consider investing in vehicles that can be used to transport and set up the equipment at the location of the events.
Step 5: Implement a pricing strategy
Based on your research in step 1 and 2, you will have information on:
- what your competitors are charging,
- what your potential customers are willing to pay,
- and how much you need to charge in order to break even or be profitable.
Pricing your services can be tough, but you can use the prices that your competitors charge as a reference.
However, you should keep in mind that if you set your prices too low , it will be harder for your company to break even, and it can make potential customers think twice about renting from you because they might think that there is a catch or that something might be wrong with your services.
And of course, if you set your prices too high , you will miss out on valuable sales.
There are dozens of pricing models and strategies that can help you better understand how to set the right prices for your audience and revenue goals.
Here are some pricing strategies examples that you can consider using:
- Cost-Plus Margin : A pricing method in which the selling price of a service is determined by adding a profit margin to the costs of the service.
- Demand-Based Pricing : With this pricing method, the increase and decrease in consumer demand determines the pricing.
- Competition-Based Pricing : Here, prices are determined by the prices set by your competition.
- Price Bundling : The pricing is set for a group of products and grouped products are not rented out separately.
Step 6: Get insurance
Just like business licenses and permits, you will need business insurance in order to operate safely and legally.
Running a party rental business means purchasing and renting both indoor and outdoor equipment, like lights, speakers, or tents. Since you've invested money into these equipment, and your company relies on them, you should insure them in case any accidents happen.
You also want to make sure that you are protected in the event that someone gets hurt or injured while using your equipment, this is usually covered with liability insurance .
Liability insurance is mandatory for party rental businesses in some places and sometimes your business isn’t legally allowed to operate without it. You should check your local laws to see if this applies to you.
It is strongly recommended to have liability insurance for your own safety, even if it isn’t mandatory in your area. Many potential customers will also consider you more trustworthy if you present them with proof of that insurance.
You should consider consulting with an insurance broker to help you choose the best insurance policies for your party rental company, they will help you assess the risks involved in the industry, and tell you what are the best insurances you should choose.
Step 7: Keep track of your customers, orders, and due dates
Managing a party rental business requires having strong organizational skills . You are in an industry with strict deadlines and many moving parts, so it is essential that you keep track of your projects and resources accurately if you want to plan events successfully.
Whether you are planning weddings, parties, or corporate events, you can use a dedicated rental management tool like Rentman, to keep track of your customers , orders , and inventory availability in a single platform.
Rentman will help you manage all of the steps involved in running a party rental business more efficiently, save you time in planning events and give your financial documents a more professional look.
With Rentman’s built-in template editor , you customize your own templates with images, personal texts, and your corporate branding to make your quotes easily recognizable.
You can also connect Rentman to Mollie , Stripe , and WooCommerce to accept online payments , and showcase your products in a webshop .
Step 8: Invest in marketing
Starting a party rental business can be difficult, let alone learning how to market one. However, investing in marketing should be one of the first things you should consider doing when starting your business.
Marketing helps you build brand awareness and credibility , which is very important in the early stages of your business, as you want to make potential customers familiar with your brand and convince them why they should choose you over your competitors.
As a result, marketing efforts will have an effect on your turnover, pricing, promotions, and your advertising strategies.
Here are some examples of marketing techniques that you can use to build brand awareness:
- networking with local businesses (event planners, event venues…)
- advertising your business in relevant business magazines, tv and radio stations
- social media advertising (Facebook ads, Youtube ads…)
- search engine advertising , by posting ads on Google and Bing result pages or other websites using CPC (cost per click)
- creating and managing your “Google My Business” listing
Step 9: Monitor your progress
When you track your progress, you naturally become more purposeful about the work you do.
You also have more insight into the value that you’re creating for your business so you can show your team the results of your efforts.
With Rentman, you can create a personal dashboard to monitor your progress and use your data to make better decisions:
- identify which equipment is the most profitable,
- what your next purchase should be,
- where you lose revenue,
- and much more…
Step 10: Grow your team
The final step is to grow your team.
Hiring your first employees is a huge step when starting a party rental business. Having the extra manpower means that you can assign tasks to members of your team and dedicate your time to other tasks with a higher priority.
But before bringing just anyone on board, you need to understand that extra manpower entails a whole new string of legal obligations, liabilities, expenses, and, of course, paperwork.
The number of employees you decide to hire in the first stages of your business will depend on your needs. But, as your business grows, you will need at least a few employees to take and prepare orders , deliver and pick up equipment and deal with customer service .
Here are some examples of the types of employees you can recruit when starting a party rental business:
- delivery drivers
- crew members
- sales/marketing specialists
The employees that you hire should have a few key qualities, this includes: flexibility , passion, and trustworthiness . It is important to hire people who are flexible enough to take on diverse responsibilities until you can expand further. And, since every employee plays a key role in your business, it is important to hire people you trust.
💡 Another option you have is to outsource some of these tasks to freelancers or independent contractors.
“No one can whistle a symphony. It takes a whole orchestra to play it.”
Things you should consider
The party rental industry can be very seasonal, there are usually more events during holidays or when there is good weather.
It is also a competitive industry . As a business owner, you’ll need to be creative and stay up-to-date with current trends.
Finally, networking is an important factor in a party rental business’ success. You’ll need to create and maintain a good relationship with local event planners and event venues to bring in new business and explore new opportunities.
Start a free 30-day trial of Rentman today and start running your party rental business more efficiently!
Cover photo provided by Blunotte Eventi
- What is a party rental business? In a party rental business, you provide various resources to ensure that a party or a small-scale event goes successfully. This can go from renting out equipment such as tents, chairs or tables, all the way up to renting event venues and operating staff.
- What are some common types of party rental businesses? You can rent out anything you want, as long as you think it helps a party become successful. However, some of the most popular party rental business ideas are the following: photo booth rental, chair rental, tent rental and wedding party rental.
- What steps should I take to start a party rental business? To start a party rental business, make sure to study your market, develop a business plan, as well as register for licenses and permits. The next steps are purchasing the right equipment, pricing them to ensure profits, as well as getting insurance for any potential damage. Lastly, you need to make sure you can easily track all your orders. Pro tip! Use a resource management platform like Rentman to have the best overview over your customers, orders and due dates.
- Can I start a party rental business as a side job? Yes, you can start a party rental business as a side gig. If you start small and rent out equipment for various events (such as chairs, tables or tents), you can definitely do this in your spare time, as long as you make sure you work on a business plan and your equipment is priced accordingly for subrenting.
- How much should I invest to start a party rental business? Starting a party rental business might not be as expensive as you might think. For example, purchasing chairs, tables or tents can cost you anything between $2.000 and $10.000, as well as storage monthly costs of up to $200.
- How much revenue does a party rental business make? It depends on the size of events and your inventory. However, to give some examples, chair rental businesses can have revenues of around $200 per event, whereas tent rental businesses can have revenues of up to $750 per day for an event.
- Is a party rental business profitable? Yes, party rental businesses can be really profitable, as long as you price your equipment accordingly for subrenting. For example, chair rental businesses can have profits of $190 per event and tent rental businesses can have profits of up to $650 per day for an event.
- What type of equipment do I need to buy for a party rental business? Always check trends before purchasing any equipment, for example using tools such as Google Trends. Since purchasing equipment will most likely be your biggest investment, you also need to make sure to avoid buying idle inventory, which is equipment that will not be used for all your events and that will not generate profit every time. With that said, the most common items you can purchase are folding tables, folding chairs, party tents and even photo booths or bounce houses.
- How do I determine equipment pricing for a party rental business? Always price your equipment based on your business plan. With that said, make sure to find out what your competitors are charging, what your potential customers are willing to pay, as well as how much you need to charge in order to break even or be profitable while renting out your equipment (for example, for a lifespan of two years). Here are some pricing strategies: cost-plus margin, demand-based pricing, competition-based pricing and price bundling.
- How do I keep track of orders in a party rental business? While starting a party rental business might seem easy, maintaining an overview over your processes requires strong organizational skills. While starting out, spreadsheets might be the easiest solution to keep track of everything. However, once more orders come in, you’ll definitely need a rental management tool, like Rentman. With Rentman you can manage all steps involved in running a party rental business in a more efficient way, saving you lots of time and giving you a better financial overview for your projects
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Ricardo is always looking for ways to make life easier for professionals in the AV & media production world. He translates valuable insights into opportunities, innovative features and constructive improvements for Rentman users. Ricardo enjoys brewing high-quality coffee in his free time.
You can find him on LinkedIn .
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Party Rental Business
Back to All Business Ideas
How to Start a Party Rental Business
Written by: Carolyn Young
Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.
Edited by: David Lepeska
David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.
Published on January 17, 2022 Updated on November 30, 2023
$13,550 - $49,100
$52,000 - $780,000 p.a.
Time to build
1 – 3 months
$26,000 - $156,000 p.a.
After staying at home so much for the last couple years, people are ready to party! You can help the good times roll by renting out tents, bars, bouncy houses, karaoke machines and more as part of your party rental businesses. US party rentals represent a $5 billion industry that’s growing as the pandemic recovery continues. With your own party rental company, you could snag a share of that market, make good money, and have your own party to celebrate!
You’ll have to do more than buy some bouncy houses, however, to start your party rental business. It will require some homework first, but luckily this step-by-step guide lays out all you need to do to get the party started on your successful party rental business.
Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.
Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .
Step 1: Decide if the Business Is Right for You
Pros and cons.
Starting a party rental business has pros and cons to consider before deciding if it’s the right path for you.
- Grow As You Go – Start small with a few items and add to your inventory
- Good Money – Good revenue, high profit margins
- Flexible Hours – Start part-time and still make money
- High Startup Costs – Many items to purchase
- High Risk – Kid’s party items or tents could fail and cause injuries
Party rental industry trends
Industry size and growth.
- Industry size and past growth – The US party supply rental market is worth more than $5 billion. It had steadily grown in the five years prior to the pandemic.(( https://www.ibisworld.com/industry-statistics/market-size/party-supply-rental-united-states/ ))
- Growth forecast – The market is expected to recover strongly from the pandemic and grow more than 16% in 2022.
- Number of businesses – There are nearly 10,000 party supply rental businesses in the US.(( https://www.ibisworld.com/industry-statistics/number-of-businesses/party-supply-rental-united-states/ ))
- Number of people employed – The industry employs more than 50,000 people.(( https://www.ibisworld.com/industry-statistics/employment/party-supply-rental-united-states/ ))
Trends and challenges
Trends in the industry include:
- Demand in 2022 is expected to have a go-big mentality, with high-end big impact items being sought. Outdoor events are expected to be more common, presenting an opportunity to specialize in tents, outdoor furniture, and other items.
- Rental décor, such as decorative backdrops, is becoming more common, in addition to more functional items.
The industry is also experiencing some challenges, which include:
- Since outdoor events are trending and indoor activities for groups are still somewhat on hold, the party rental business is experiencing higher than usual seasonality.
- The continuing uncertainty caused by the pandemic offers a challenge for party rental businesses as people may continue to postpone events or cancel at the last minute.
How much does it cost to start a party rental business?
Startup costs for a party rental business range from about $13,000 to $50,000. Costs include purchasing rental items, renting a storage facility, and making a down payment on a truck to transport the items. Your costs will depend on which items you already have, and which you’ll need to start your business.
You’ll need a handful of items to successfully launch your party rental business, including:
- Tents, tablecloths, bar, bouncy houses, karaoke machine, games
- Truck, such as a box truck, to transport large items
Learn more about starting your own karaoke business .
How much can you earn from a party rental business?
Tent rental averages about $500 per day, while bounce house rentals run about $300 per day. You’ll need workers to assist with setup, so your profit margin, if you’re running your business from home, should be about 50%. This will assume that your average event price is about $1,000.
In your first year or two, you could work from home and do an average of one event per week, bringing in $52,000 in annual revenue. This would mean $26,000 in profit, assuming that 50% margin. As your brand gains recognition, sales could climb to 6 events per week. If you have acquired more items, your average event price might be $2,500. At this stage, you would rent an office space and hire additional staff, reducing your profit margin to around 20%. With expected annual revenue of $780,000, you would make about $156,000.
What barriers to entry are there?
There are a few barriers to entry for a party rental business. Your biggest challenges will be:
- The cost of your rental items, a storage space, and a truck
- Stiff competition from established companies
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Step 2: hone your idea.
Now that you know what’s involved in starting a party rental business, it’s a good idea to hone your concept in preparation to enter a competitive market.
Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.
Why? Identify an opportunity
Research party rental businesses in your area to examine their products and services, price points, and customer reviews, as well as what sells best. You’re looking for a market gap to fill. For instance, maybe the local market is missing a bar and barware rental business.
You might consider targeting a niche market by specializing in a certain aspect of your industry, such as outdoor events.
This could jumpstart your word-of-mouth marketing and attract clients right away.
What? Determine your products or services
Your products and services will depend on what you decide to specialize in and what items you’re able to acquire. Your services will at least include delivery, setup and pickup of items.
How much should you charge for party rental items?
Tent rentals cost about $500 per day. Bouncy houses run about $300 per day, but can be more depending on size and features. Other items vary in price. You’ll need staff to help with delivery, setup, and pickup, so if you run the business from home you should aim for a profit margin of about 50%.
Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price point. Remember, the price you use at launch should be subject to change if warranted by the market.
Who? Identify your target market
Your target market will depend on the type of events you decide to specialize in. It could be companies if you decide to do corporate events, or parents if you decide to do birthday parties. Either way, the target market is going to be more established people who can afford party rental items so you can find them on Facebook or LinkedIn.
Where? Choose your business premises
In the early stages, you may want to run your business from home to keep costs low. But as your business grows, you’ll likely need to hire workers for various roles and may need to rent out an office. Find commercial space to rent in your area on sites such as Craigslist , Crexi , and Instant Offices .
When choosing a commercial space, you may want to follow these rules of thumb:
- Central location accessible via public transport
- Ventilated and spacious, with good natural light
- Flexible lease that can be extended as your business grows
- Ready-to-use space with no major renovations or repairs needed
Step 3: Brainstorm a Party Rental Business Name
Your business name is your business identity, so choose one that encapsulates your objectives, services, and mission in just a few words. You probably want a name that’s short and easy to remember, since much of your business, and your initial business in particular, will come from word-of-mouth referrals.
Here are some ideas for brainstorming your business name:
- Short, unique, and catchy names tend to stand out
- Names that are easy to say and spell tend to do better
- Name should be relevant to your product or service offerings
- Ask around — family, friends, colleagues, social media — for suggestions
- Including keywords, such as “party rentals” or “party tent rentals”, boosts SEO
- Name should allow for expansion, for ex: “All Occasion Rentals” over “Photo Booth Fun Rentals”
- Avoid location-based names that might hinder future expansion
- Use online tools like the Step by Step Business Name Generator . Just type in a few keywords and hit “generate” and you’ll have dozens of suggestions at your fingertips.
Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these.
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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.
Step 4: Create a Party Rental Business Plan
Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:
- Executive Summary : A brief summary of your party rental business plan, highlighting key points and goals.
- Business Overview : A concise description of your party rental business, including its mission, vision, and location.
- Product and Services : Explanation of the items and services you’ll offer for rent, such as party supplies, equipment, and event planning assistance.
- Market Analysis : An examination of your target market, including demographics, size, and potential demand for your rental services.
- Competitive Analysis : An assessment of your competitors in the party rental industry, highlighting their strengths and weaknesses.
- Sales and Marketing : Your strategies for promoting your business, reaching your target audience, and generating sales.
- Management Team : An introduction to the key individuals involved in running the business and their roles.
- Operations Plan : Details on how your party rental business will run day-to-day, covering inventory management, logistics, and customer service.
- Financial Plan : Financial projections, including income statements, cash flow, and balance sheets, to demonstrate the viability of your business.
- Appendix : Supplementary materials, such as market research data, resumes of key team members, and additional documentation to support your business plan.
If you’ve never created a business plan, it can be an intimidating task. You might consider finding and hiring a business plan specialist to create a top-notch business plan for you.
Step 5: Register Your Business
Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.
Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business!
Choose where to register your company
Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you are planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to party rental businesses.
If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state.
Choose your business structure
Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your party rental business will shape your taxes, personal liability, and business registration requirements, so choose wisely.
Here are the main options:
- Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
- General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
- Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
- C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
- S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just need to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.
We recommend that new business owners choose an LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your Articles of Organization and be on hand to answer any questions you might have.
Form Your LLC
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We recommend ZenBusiness as the Best LLC Service for 2023
Step 6: Register for Taxes
The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN.
Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.
The IRS website also offers a tax-payers checklist , and taxes can be filed online.
It is important to consult an accountant or other professional to help you with your taxes to ensure you are completing them correctly.
Step 7: Fund your Business
Securing financing is your next step and there are plenty of ways to raise capital:
- Bank loans: This is the most common method but getting approved requires a rock-solid business plan and strong credit history.
- SBA-guaranteed loans: The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
- Government grants: A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
- Friends and Family: Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
- Crowdfunding: Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
- Personal: Self-fund your business via your savings or the sale of property or other assets.
Bank and SBA loans are probably the best option for funding a party rental business. Alternatively, you could use a combination of personal funding and friends and family funding. You might also try crowdfunding if you have an innovative concept.
Step 8: Apply for Licenses and Permits
Starting a party rental business requires obtaining a number of licenses and permits from local, state, and federal governments. Federal regulations, licenses, and permits associated with starting your business include doing business as, health license and permit from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits.
You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more.
You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.
This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.
If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.
Step 9: Open a Business Bank Account
Before you start making money, you’ll need a place to keep it, and that requires opening a bank account . Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your party rental business as a sole proprietorship.
Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.
Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account.
Step 10: Get Business Insurance
Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.
Here are some types of insurance to consider:
- General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
- Business Property: Provides coverage for your equipment and supplies.
- Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
- Worker’s compensation: Provides compensation to employees injured on the job.
- Property: Covers your physical space, whether it is a cart, storefront, or office.
- Commercial auto: Protection for your company-owned vehicle.
- Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
- Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of any of the above insurance types.
Step 11: Prepare to Launch
As opening day nears, prepare for launch by reviewing and improving some key elements of your business.
Essential software and tools
Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks.
You can use party rental software, such as Quipli , Good Shuffle , or Booqable , to manage your scheduling, orders, tasks, billing, and payments.
- Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero .
- If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial.
Develop your website
Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.
You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.
They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google.
Launching a successful Party Rental Business requires more than just a website and networking. Here are some effective marketing strategies to help you stand out in the competitive event rental industry:
- Strategic Partnerships: Collaborate with local event planners, catering services, and venues to create mutually beneficial partnerships, expanding your reach and providing bundled services.
- Social Media Engagement: Leverage the power of social media to showcase your rental items in action, run contests, and engage with your audience, creating a buzz around your offerings.
- Online Reviews and Testimonials: Encourage satisfied customers to leave positive reviews on platforms like Google, Yelp, and Facebook, building trust and credibility among potential clients.
- Themed Packages: Develop attractive and convenient themed party packages to simplify the planning process for customers, offering a one-stop solution for their event needs.
- Referral Programs: Institute a referral program that rewards customers for referring others to your business, fostering word-of-mouth marketing and customer loyalty.
- Email Marketing Campaigns: Build an email list and regularly send out newsletters featuring promotions, new inventory, and party planning tips to keep your business top-of-mind for potential clients.
- Loyalty Programs: Implement a loyalty program offering discounts or special perks for repeat customers, encouraging them to choose your rental services for their future events.
- Interactive Content: Create engaging and shareable content such as how-to videos, event planning guides, and interactive quizzes on your website and social media to position your brand as an authority in the industry.
- Local Sponsorships and Community Events: Sponsor or participate in local events and community gatherings to increase your brand visibility and establish a positive connection with your target audience.
- Targeted Online Advertising: Use online advertising platforms like Google Ads and social media ads to target specific demographics and local audiences, ensuring your marketing efforts are highly focused.
Focus on USPs
Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your party rental business meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire.
Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your party rental business could be:
- Luxury party tents for your big event
- Let the good times roll with your own bouncy house
- Outdoor event seating and tent rental for your summer bash
You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a party rental business, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in party rentals for years and can offer invaluable insight and industry connections.
The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in party rentals. You’ll probably generate new customers or find companies with which you could establish a partnership.
Step 12: Build Your Team
You will likely need workers to fill various roles. Potential positions for a party rental business would include:
- Rental Assistants – delivery, event setup
- General Manager – scheduling, staff management, accounting
- Marketing Lead – SEO strategies, social media, other marketing
At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need.
Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent.
Step 13: Run a Party Rental Business – Start Making Money!
As the pandemic recedes, people are ready to have fun, and you can help! With a party rental business, you can help create memorable events of all types and grab your own little slice of this $5 billion industry.
You can make good money and spread joy at the same time. You can start by specializing in a certain item and then expand over time to become a one-stop-shop party rental business. Now that your homework is finished, get ready to launch your new party rental business and bring in some cash!
- Party Rental Business FAQs
Financing options include personal or family and friends funding, or you might be able to qualify for a bank loan or an SBA loan. To do so, you’ll need a good business plan. If you have a unique concept, you could also try crowdfunding.
There are all types of party items that you could rent. You could rent tents and furniture for outdoor events, which are very popular right now. You could instead focus on things like banquets and wedding receptions and rent tablecloths, dinner and glassware, and other items.
Define your target audience and values, design a unique logo and visual style, and consistently apply your brand identity across all marketing materials and customer touchpoints.
Offer a distinctive selection of rental items, provide exceptional customer service, and focus on unique themes or customization options to stand out from competitors.
Implement an efficient inventory management system, establish partnerships with reliable delivery services, and ensure clear communication and coordination with event venues.
Yes, starting a party rental business on the side is possible, but it requires careful planning, time management, and a strong focus on customer satisfaction to ensure success.
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- Decide if the Business Is Right for You
- Hone Your Idea
- Brainstorm a Party Rental Business Name
- Create a Party Rental Business Plan
- Register Your Business
- Register for Taxes
- Fund your Business
- Apply for Licenses and Permits
- Open a Business Bank Account
- Get Business Insurance
- Prepare to Launch
- Build Your Team
- Run a Party Rental Business - Start Making Money!
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How To Start A Beach Chair Rental Business?
Learning how to start a beach chair rental business is not difficult. You’ve come to the right place if you want to turn your entrepreneurial passion into a beach-based rental business. The best aspect of starting a beach chair rental company is that you don’t have to be present all of the time. In addition, starting a beach chair rental business involves only a little initial investment. This step-by-step guide will assist you in learning more about this business venture and determining whether it is the right next step for you as an entrepreneur.
Table of Contents
1. Familiarize yourself with Beach Chair Rental Industry
Since everyone likes the beach, beach chair rental companies cater to a specific demographic. Beach chair rental firms typically rent out a variety of beach chairs. Individuals who do not want to invest a lot of money in beach chairs can rent one for a short time. This is the best solution for folks who only need a beach chair while they relax on the beach on weekends. When you rent a beach chair, it is delivered to a certain location and returned at the end of the rental period.
People no longer have to worry about squandering money on a beach chair they’ll only use for a few hours. Beach chair rental companies can profit from their one-time investment by purchasing more beach chairs and collecting recurring rental fees in the future.
Most beach chair rental businesses cater to individuals who are planning to relax on the beach. Furthermore, you can also complement your beach chair rental business with umbrellas and some cold beverages as Pleasure Island Rentals have done.
If you target the right customers, a beach chair rental business can be highly profitable. A beach chair might make your potential customer’s life much easier, and one will be greatly helpful to anyone who requires one for a short period of time. Both new and used beach chairs are reasonably priced. As a result, starting a beach chair rental business is a great way to get started in the rental industry.
How much does it cost to buy beach chairs?
A beach chair starts at $1200 and increases from there. You’ll need at least two four-seater beach chairs, each costing around $8000, to start a beach chair rental business.
A beach chair can cost anywhere from $65 to $900. It all depends on the quality of the beach chair. All in all, you will need to buy at least 10 super comfy beach chairs, this will certainly cost you around $2,000.
How much does it cost to start a beach chair rental business?
A basic beach chair rental business can be started for as little as $3,000. (Based on the acquisition of 10 new beach chairs and marketing-related costs.) A $500-$1000 extra could help you get your company a great start.
To operate on a larger scale and offer a choice of beach chair options, you’ll need at least 30 beach chairs, umbrellas, and tables which will cost roughly $8,000. As a result, starting a large-scale beach chair rental business will set you back at around $10,000. (cost of beach chair plus marketing costs)
As your business grows, consider purchasing secondhand beach chairs or purchasing new ones. If you don’t mind putting in some effort, beach chair rental is one of the best businesses to start and build.
Is the beach chair rental business profitable?
A beach chair rental business can be incredibly profitable if you conduct a thorough market analysis. The success of your beach chair rental business will be determined by the number of customers you can attract. A super comfy beach chair will cost around $200. You can rent out the same beach chair for around $30-$50 daily. To recuperate your whole investment, you’ll only need to hire a beach chair renter for 7 weeks. It’s all profit after that for you. In addition, you can also upsell your customers with drink services or snacks service which will bring you more revenue. And lastly, Unlike car rentals, beach chairs require very minimal maintenance.
Is the beach chair rental business worth it?
It is definitely worthwhile to start a beach chair rental business. You might begin your business with just one beach chair. Best of all, you may start a beach chair rental business by purchasing used beach chairs. Each week, a single beach chair can make between $200 and $300. Furthermore, this business is incredibly scalable, and you could easily grow it into a multimillion-dollar rental company if you reinvest a portion of your income.
2. Plan your Beach Chair Rental Business
The planning step is critical to the success of any business. A similar situation emerges in the beach chair rental business. Let’s take a look at some of the most crucial considerations when launching a beach chair rental business.
Choose a name for your beach chair rental business
Whether you’re starting a beach chair rental company or a paddle board rental company , you’ll need a name that reflects your values.
Keep in mind that your legal business name must adhere to state naming restrictions in the states where you plan to do business; otherwise, the state may refuse to accept the documents you filed to incorporate or qualify the business.
Before settling on a business name, it’s also a good idea to talk about branding and how it will affect your company. The important question is whether your legal business name will be your brand name or whether your brand name will be distinct from your legal name.
To be honest, when you initially start out, it’s best to use your actual business name as your brand name. Why? You may contact us at any time. This is because it simplifies things, makes things easier, and is less expensive.
Several states, however, require you to use your surname as the official name of your firm if you create an informal business (sole proprietorship, limited liability partnership, or general partnership).
Do you think it would bother you if your legal business name and surname were the same? If you answered yes, you can move on to the next step. If you answer no, please bear with me.
In case you don’t want to use your surname as your legal business name, you must file a Fictitious Business Name Statement with the county where your beach chair rental business’s main office is located.
Shopify’s Firm Name Generator comes in helpful when it comes to coming up with brandable names for your beach chair rental company. Make three last checks after you’ve decided on a name for your beach chair rental firm.
- First, check your State’s business name database to see if your desired business name is available.
- Second, do a domain name search to check if your business name is available as yourbusinessname.com. If it is available go ahead and register the domain before anyone else gets it. BlueHost offers domain names free of cost if your purchase a 1-year hosting package with them. You can use the tool below to see if the domain name is available.
- And lastly, do a federal search on the US Trademark Electronic Search System and make sure nobody has already trademarked your name.
You can trademark your beach chair rental business name if it is available, but don’t worry about it for now. It’s a time-consuming procedure that will set you back about $600. The money and time would be better spent on marketing.
Beach chair rental business plan
At the absolute least, you’ll need a compelling business plan to launch a profitable beach chair rental business. A well-written business plan should outline the company’s main goals and how it intends to accomplish them. A beach chair rental business plan’s purpose is to make your company appear professional and appealing to potential lenders and investors.
Overall, your company needs a well-written and functional beach chair rental business plan. You’d be rushing around like a headless chicken without it.
A compelling business plan has many sections, some of the must-includes are:
- Executive Summary
- Business Description
- Market Analysis
- Competitor Analysis
- Services to Offer
- Competitive Pricing Strategy
- Marketing Strategy
- Financial Projections
BizPlan and Enloop are two programs that can help you construct a professional-looking business plan. Don’t cut corners by paying $5 for a business plan for your beach chair rental firm. It will be necessary to produce professional, high-quality work.
3. Register your Beach Chair Rental Business
You must first register your beach chair rental business in order to legally operate it. You must first research and choose a business structure before registering a beach chair rental firm. Because the way you set up your beach chair rental business can affect your taxes and legal obligations, you’ll want to make an informed selection.
Consider the following common business structure:
A single person or a married couple owns this type of unincorporated firm. You won’t need to register your firm, and your taxes will appear on your personal tax return.
In terms of registration and taxes, it is similar to an unincorporated business with numerous owners. It also runs similarly to a sole proprietorship model.
Limited liability company (LLC)
In the event that your beach chair rental business is sued, a registered corporation provides personal liability protection to all of its members. You have the option of taxing your business as a partnership or a corporation.
When it comes to forming an LLC for your beach chair rental business, Incfile is one of the greatest options. Their prices start at $0 plus filing fees. These expenses are frequently tax deductible.
S-corporations and C-corporations are the two most frequent types of corporations. The type of corporation you incorporate will determine the taxes you pay.
4. Register for Taxes and Obtain an EIN
As a personally liable business owner, you must constantly follow the law. This requires compliance with all applicable tax, licensing, and labor requirements. In the long run, learning about any legal laws that may apply to your beach chair rental business could save you a lot of time, money, and headache. The type of company entity you choose, as well as other aspects of your beach chair rental business, may determine what taxes you must pay and how you must file. To ensure you’re on the correct route, see a tax specialist as soon as feasible.
If your beach chair rental company employs others, you’ll require an employer identification number. A company’s EIN, or tax identification number, is also known as this. You may obtain an EIN from the IRS online for free and use it to submit taxes for your beach chair rental business. It’s required to open a business bank account, obtain a business credit card, or apply for a business loan. Even if you do not plan to hire employees, getting an EIN has several advantages.
5. Get Funding for your Beach Chair Rental Business
If you don’t have enough money, even if you have the best beach chair rental business in the world and can captivate the hearts of customers from miles away, your company will collapse. It may sound contradictory, but in order to make money, you must first have money. It is impossible to dispute that purchasing a beach chair is a significant financial commitment. Everyone would buy one if they weren’t so expensive, and the beach chair rental sector would be obsolete. Not to mention paying overpriced rent, marketing your service, and paying salary and benefits to your employees.
A number of incentives, subsidies, loans, and equity investments are available to beach chair rental companies. You must have the following documents (at a minimum) regardless of the funding source you choose:
- A Beach Chair Rental Business Plan
- Projected Financial Statements
- Tax returns of both the business owner and the business itself (when available)
- An explanatory document on how the money will be used
- A description of services offered by your beach chair rental business
After you’ve done the number crunching and figured out how much money you’ll need for your beach chair rental business, you may look into the following choices.
- Obtain funds through SBA-backed lenders (Wells Fargo, US Bank, MidFirst Bank, etc.)
- Get funding through Banks
- Obtain funds through P2P lenders ( Prosper , Peerform , Lendin g Club , Funding Circle )
6. Promote your Beach Chair Rental Business
Most business owners, for some reason, do not incorporate marketing in their business plans. This is one of the most expensive mistakes you can do, so avoid it at all costs. A service-oriented company like a beach chair rental business can make or break its marketing and advertising efforts. Additionally, if you do not have a large sum of money to invest right away, you must understand how to properly promote a beach chair rental business. A solid marketing strategy, as well as effective communication strategies, are essential.
Let’s examine some old and new beach chair rental marketing strategies.
Build a Website
I cannot emphasize this point enough. You’ll need a website to manage a beach chair rental business. There is no way around it. Because the world has gone digital, your beach chair rental company must have one as well.
Make the most of the resources available on the internet. Your beach chair rental website should also be unique and consistent with your brand. To leave a lasting impression on your visitors, including photos of your beach chairs as well as testimonials. After all, actions speak louder than words.
Remember to include the mission statement for your beach chair rental website. Also, explain why your customers should rent from you. A website provides a digital presence for your beach chair rental firm, allowing potential customers to search for and find you online.
If you want to do it yourself, check out my guide for making a simple website for your small business . If you’d want someone else to manage the technical parts of your beach chair rental business while you concentrate on gaining new customers, we can help. Our $499 digital bundle includes a professionally constructed website, unique email, 24/7 support and maintenance, SEO, and digital marketing services. This is an opportunity you should not miss. Please contact us as soon as possible before the offer ends.
Establish social media accounts
To give your beach chair rental firm a digital presence, create social media accounts for it. You must be selective in this regard, as you do not want to waste time by appearing on every accessible social media platform, particularly those that do not cater to your target demographic.
You want your beach chair rental business to be on, depending on the size of your operation:
Almost everyone utilizes social media these days to communicate with friends and family as well as shop for goods and services. More leads and income will result from getting your beach chair rental business in front of your target market. It can also be used to update existing clients and attract new ones.
Run Paid Ads
Paid advertisements provide you the ability to target specific demographics and geographic locations, making them a fantastic tool for your beach chair rental business. Use paid advertising sites like Facebook Ads, Yelp, or Google AdWords. Sponsored promotions also produce speedy results, helping you to grow your beach chair rental company vertically and horizontally.
Please contact us if you require any expert guidance on running paid advertisements for your beach chair rental business. We will be happy to offer you free assistance and supplies.
Welcome to icelebrate event rentals, san jose party rentals.
Looking for the best San Jose Party Rentals in town? iCelebrate has you covered! The San Jose community has always leaned on us for quality event rentals at a competitive price. That is why we made it a point from day one to streamline our business so we can remain competitive on all our rental items while maintaining the best customer service in the industry. Don't believe me? Then please take a moment and check out all of our 5-star reviews on Google and Yelp. Due to our amazing staff, we are proud to announce that just recently we have been voted #1 for San Jose party rentals in the Greater SF Area. Let it be known that hands down, iCelebrate is the best choice when choosing reliable San Jose party rentals and planning an unforgettable event at a price you can afford without sacrificing quality or customer service.
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We are known for our San Jose party rentals because we have always separated ourselves by providing traditional and unique rental items that include the following, but not limited to: canopy and tent rentals, stages, dance floors, drapery or draping, backdrops, photo booths, wedding rentals, dinner and glass wear, games, inflatables, event furniture, lighting, audio equipment and much more. Always making sure our staff is highly trained and always on time with a smile has been our recipe for being the best party supplier in town. You will quickly find out after working with us that our customer service and quality of our San Jose party rentals are second to none. We have provided our event services to all kinds of celebrations, including weddings, graduation ceremonies, corporate parties, and community events in the thousands, without a hiccup. Additionally, having a vast selection of party rental items in San Jose enables us to provide you with the ability to personalize your special occasion better than what you've imagined. After visiting our online store, you will also notice fairly quickly that we offer some of the most unique San Jose party rentals that can't find anywhere in the greater San Jose Area. As you can tell, iCelebrate can deck out your event stress-free from floor to ceiling without you doing any of the heavy lifting. We also service the Peninsula including San Mateo , Palo Alto , Redwood City and many other surrounding areas. So pick up your phone or order online today and let's pick out your perfect party rentals!
How to Reserve Your San Jose Party Rentals
BOOK ONLINE $5 Off -- Enter Code res17 Reserving your San Jose party rentals is easy peasy with our secure online reservation system. Just click the "Start Here" link below and enter your event date and times. Next, take a look through our inventory and as they appear, add the items you'd like to rent to your cart. When you're finished, select checkout and follow the guided steps to complete your party rental order!
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iCelebrate has a vast selection of tents rentals including, canopies, and table umbrellas for our San Jose and area customers. Here you can choose from large event tents perfect for company picnics, church carnivals, and wedding receptions. Deck out your patio party with our classy table umbrellas.
Here you'll find the San Jose's best selection in chair rentals and accessories. From the popular white folding party chairs to elegant Chiavari Chairs. iCelebrate can also assist with seat cushions, as well as covers and decor that are perfect for wedding receptions and corporate events.
iCelebrate can handle all your Audio Visual needs. From virtual meetings or video conferences, to a pair of speakers, whether you need live streaming or a wireless microphone, we can bring your event to life with sound and visuals. We not only provide top-notch equipment but also top-notch expierienced techs.
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Reserve your san jose party rentals in minutes, table and chair rentals, tent rentals & canopies, draping and backdrop, dinner and glassware, linens for rent, quality san jose party rentals for weddings, partnering up with event planners, safety is everything with san jose party rentals.
- iCelebrate is 100% licensed and insured for your protection.
- Have questions? Check out our FAQ
- We know you will be pleased by choosing iCelebrate as your preferred supplier for San Jose Party Rentals.
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