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
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
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
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.
Photo by Joanne Leung Photography
Hate 'em or love 'em, trends are a big part of this industry. Your collection will distinguish you from the competition. Learn about how to stay on top of trends in order to acquire and keep the best pieces, and figure out what to toss when it is not working