Don’t write another policy for your event rental business until you ask yourself these three questions! Copying policies from the company down the street or setting things up at random might actually be hurting your business and preventing you from reaching your goals. Check out our framework for setting event rental business policies with intention. 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.
Damages are the worst, #amiright? And then getting the client to pay for them is super frustrating! This week's Q&A is from Wendy about damages to a sofa and the chaos that ensued. 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.