The practice keeps me grounded.
In weeks when I’m down or discouraged, it helps remind me of wins and celebrations. When I’m excited about a new idea and ready to bet the farm on something untested, coming back to my five numbers reminds me that business is often about slow, steady growth rather than a meteoric rise. Read more
Published in Biz Operations.
Let’s talk about Utilization. Time Utilization and Dollar Utilization are the standardized ways we can think about the performance of your collection in your event rental business. Read more
Published in Biz Operations, More.
As an event rental business, you can’t be everything to everybody. But you can be so good at one thing that people notice. Hopefully, though, as you’ve grown and scaled your event rental business, you’ve realized that you can’t do ALL. THE. THINGS. In fact, specializing in something— becoming known for it— makes you even more successful. Having a brand identity, or catering to a particular niche can be the secret sauce that makes the difference between short term achievements and long-term sustainability. Read more
Published in Biz Operations.
In fact, the wisest way to pivot your business (whether in a time of crisis like this or even in a healthy growth cycle) is to focus on three aspects of what is currently working: your product, your audience, and your process. Read more
Published in Biz Operations, Grow Grow Grow, More.
During this COVID-19 Pandemic, our hearts are going out to all of our event rental industry clients and friends. We all are feeling the effects of the novel Coronavirus and hope that you are healthy and safe. Read more
Published in Biz Operations.
As the number of event postponements and cancellations increase in response to recommendations by the CDC as well as local, state, and national governments for the next several weeks and months, we know many in the event rental industry are enormously impacted. Read more
Published in Biz Operations.
The hiring process can be daunting. Whether you’re hiring for the first time or already have a stable of pros on your team, finding new people to join the herd doesn’t come with an instruction manual. But we’ve found that having a few tools in your tool chest can make a big difference. Read more
Published in Biz Operations.
While we know that accepting credit cards is convenient for your clients, and increases your closing speed of rental orders, there are some negative ramifications you’ll want to hedge against with your systems and processes. A security breach and compromise of your clients’ credit card data can include regulatory notification requirements, loss of reputation, loss of customers, potential financial liabilities (for example, regulatory and other fees and fines), and litigation. Read more
Published in Biz Operations, The Money.
Take a peek inside the warehouse of our friends at Hudson Valley Vintage Rentals. Read more
Published in Biz Operations.
You'll be excited to see the inner workings of Virginia's Paisley & Jade Specialty Rentals newly refreshed warehouse. Check out how they've used their unique space and showcased their collection all while keeping efficiency in mind. We think you'll also love getting an inside look at their entire collection. Enjoy! Read more
Published in Biz Operations, Grow Grow Grow.