Managing Your Rental Business PLUS Another Business

Managing Your Rental Business PLUS Another Business

Many rental company owners are managing two businesses at once. For some folks it's because they have a more "full-time" business they were doing before entering the rental industry. For others it's that they began with one company and that company gradually evolved into two distinct offerings. For example, in the event industry, it’s

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Party Rental Business' Best Practices for Contracts & Proposals

Party Rental Business' Best Practices for Contracts & Proposals

A lot of event rental business owners pride themselves on their sales or negotiation tactics. However, tons of business owners put themselves in real danger when, after selling someone, they don't get the proper paperwork in place! There's a difference between a "quote" or "proposal" and an actual contract. It is absolutely essential to secure

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Event Rental Businesses' Biggest Money Makers...Repeat Clients

Event Rental Businesses' Biggest Money Makers...Repeat Clients

Costs of acquiring new customers versus retaining current ones

A seasoned party rental expert will wisely tell you that keeping a new client is much more cost-effective than acquiring a new one. Yet, it is one of the most overlooked resources in our arsenals. Why is that? Many small businesses get caught up in new

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How to Deal with Rental Inventory Damages

How to Deal with Rental Inventory Damages

Everyone romanticizes about the fun aspects of running an event rental business, but have you thought about one of the hardest parts: dealing with damaged inventory? These suggestions help lessen the sting when your business experiences this setback.

Hope for the Best and Prepare for the Worst

Damage is inevitable in event rental companies, even

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Managing Your Event Rental Inventory Like A Pro

Managing Your Event Rental Inventory Like A Pro

Photo by Sarah Mack

Party rental companies know their inventory is one of the most important components to their success. It influences a client’s calculus in hiring and entrusting you with their account and event. Caring for and managing your inventory is a skill set worthy of investment. Take pride in this.

While there

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