Most corporate event rental business will not come from you knocking on the door of the end client themselves but through referrals. They hire based on recommendations from other vendors who get hired before you (venues, caterers, florists, photographers, deejays, etc.). This is where your network becomes so important. Read more
Published in Grow Grow Grow.
Want to know what to buy to raise your bottom line? We scoured the data and share the top performers for boutique event rental businesses. Read more
Published in Biz Operations, Grow Grow Grow.
In your event rental business, there are many roles to play and two key ones are Sales and Customer Service. They should never be done by the same person (even if you’re a one-woman-show!). Read more
Published in Biz Operations.
Thinking about buying or selling an event rental business? You’ve come to the right place! Read more
Published in Biz Operations, The Money.
Your invoices don't have to be boring. Let's find a style that makes your brand shine! Read more
Published in Biz Operations.
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.
We recently put together some like-minded specialty event rental pros (who also happen to be RW Elephant loyalists) for a weekly mastermind video call. We met each week for six weeks straight and dove into a new topic each time. We hashed out what’s working and what’s not in their specialty event rental businesses. We talked logistics, sales, employees, marketing… you name it! What an exciting experience it was to hear the triumphs and challenges that they each faced, the ideas and encouragement they brought to one another, and the enthusiastic results of this new community. Read more
Published in Biz Operations, Grow Grow Grow, More, The Money.
We're all looking for a quick-fix, instant profit-generating magic bullet aren't we? You spend millions of hours working in your event rental business and sometimes it feels like you're treading water. I've got 3 things that are sure to help you grow your business. And you should start doing them today. Read more
Published in Grow Grow Grow.
We are thrilled that our first go at a Three Question Survey was so well received; lots of great survey responses AND some very positive feedback. We asked how much you pay your delivery drivers and delivery crew members. 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.