To be your own boss can seem like a dream come true at first. From dress code to flexible hours, you get to enjoy the freedom that comes along with owning your own business. However, ask any business owner and they will certainly tell you it’s not as easy as you might think.
The first question for starting your own business is simply: What kind of business do you want to get into? Look for shortages in local business offerings. Do you find yourself having to drive for miles to get an authentic cheesesteak sandwich? Are window washers in demand? It is important to find a niche that you can fill. In multiple areas, a rental tent business is an untapped market opportunity.
Starting your tent rental business needs some initial research, but it’s also one of the few start-ups that you can dive into pretty quickly. First, you’ll have to choose a reputable tent vendor. Buying tents for your rental business is a very important investment and you’ll want to choose a tent manufacturer that uses the best high-quality materials. Your vendor must also offer ongoing customer support and consultation. They should also offer a very large selection of tents choices along with customizable tents so that you specify color, size, design, and finishings to meet your needs. One thing you need to know is that you’ll need more than just a tent – or tents – to start a tent rental business. You’re also required to think about tent accessories including sidewalls, ballasts, drop cloths, and frame jacks.
Types Of Events Tents
Event tents come in all shapes and sizes and it can seem overwhelming to make purchasing decisions. First, you must learn about the different kinds of event tents. Pole tents are affordable, fairly easy to transport, and fast to set up and takedown. Clear Tents are a trendy option for anyone in the tent rental business, especially if you’re looking for the best tents for an outdoor wedding event. Cross Cable Tents are in turn easy to set up and a stylish option that offers the look of a pole tent with the flexibility of a frame tent. For a distinct look, high peak pagoda tents are an excellent choice. Finally, for quick shelter, lightweight and portable pop-up tents offer functionality and ease.
Which Events Are More Profitable?
Now that you’re aware of the different kinds of tents, let’s talk about exactly how tent rental businesses optimize their profit margin. In the tent business, bigger is indeed better. While you may need to start small to build your business, at the end of the day you’ll make better money by providing tents for larger events. This is because you’ll be in need of hiring labor to erect and take down the tents. The labor costs are not different between large and small events, but you can limit labor costs by doing fewer large events as opposed to small ones, thus cutting down on labor. Build partnerships with large-scale event planners to get repeat tent rental business and also build your reputation through word-of-mouth marketing.
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/