The number one area we see event rental business lose money is in deliveries. Setting the right delivery fees plays a big role in your overall profitability. A huge factor in those calculations has to be your delivery trucks. When should you rent? When does it make sense to buy your own truck? Getting it right could make or break your event rental business. Read more
Published in Biz Operations, More, The Money.
As you can imagine, I get asked a ton of questions about running a Niche Event Rental Business. I’ve collected lots of answers from my own experience and from the stories of our RW users. Read more
Published in The Money.
We’re getting somewhere now. We’ve figured out our truck, equipment and fuel costs. The next numbers are all about manpower. Read more
Published in The Money.
We’ve covered truck costs, equipment and materials. Now let’s talk about fuel. Read more
Published in The Money.
Before I continue, let me just mention that this exercise is to calculate your real delivery costs. We’ll talk more later about how to calculate your delivery fees. Read more
Published in The Money.
I recently had a great conversation with one of our R.W. Elephant users who owns a specialty rental business. She is growing but is finding that delivery costs are eating into her profit. Read more
Published in The Money.