The Elephant in the Blog

How to Buy or Sell An Event Rental Business

Thinking about buying or selling an event rental business? You’ve come to the right place! Read more

Published in Biz Operations, The Money.

6 Tips to Set Your Event Rental Business Up for Success in 2022

Your rental success next year starts with the decisions you make in preparation for the 2022 season (that means right now!). Not sure where to start? Here are six actionable steps to get you started on the path to the rental year of your dreams. Read more

Published in Biz Operations.

How Credit Card Processing Can Save You Money

But when it comes to credit card processing, I’m often surprised at our clients’ approach. Many times, I see our clients implicitly or explicitly encouraging their customers to pay with a method other than credit card (cash, check, etc.). Ostensibly they’re doing this to avoid the credit card processing fees— with the intention of making more money. Unfortunately, however, I think that discouraging their customers from using credit cards actually costs them money in the long run. Read more

Published in The Money.

Is It Getting Better Yet? Event Rentals in Q3 2020

I can't speak for everyone in the event rental industry but 2020 has been a hard year, #amiright? Read more

Published in Biz Operations, Grow Grow Grow.

Five Ways to Squeeze More Money Outta That Piece

Looking to increase the Dollar Utilization of an Item in your Rental Collection? Check out these 5 strategies for getting more money out of your pieces. Read more

Published in The Money.

YOU Are Not Your Ideal Customer

What you offer is valuable, unique, and needed in our world. And you shouldn't give that away for free even though I know you love doing it. Read more

Published in Biz Operations, Grow Grow Grow.

Calculating The Real Delivery Costs In Your Rental Business: Labour

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.

Calculating The Real Delivery Costs In Your Rental Business: Fuel

We’ve covered truck costs, equipment and materials. Now let’s talk about fuel. Read more

Published in The Money.

Calculating The Real Delivery Costs In Your Rental Business: Equipment

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.

Calculating The Real Delivery Costs In Your Rental Business: Trucks

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.