Blog articles matching the “Rental business” tag.
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
We’re getting somewhere now. We’ve figured out our truck, equipment and fuel costs. The next numbers are all about manpower. Read more
We’ve covered truck costs, equipment and materials. Now let’s talk about fuel. Read more
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
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
As a rental business owner, you have a lot of power at your disposal. Even if you haven’t been in the business for very long, you’ve learned something along the way. Read more
While in Napa last week, I was struck by the role aesthetics play in business. While many companies pay attention to their logo, online personality, or printed materials, few are very thoughtful about aesthetics throughout the customer relationship. Read more
My family just took a little trip to the California Wine Country. We spent three days in the Napa Valley and enjoyed delicious meals, incredible views, and lovely wine tastings. While I “wasn’t” working on this mini vacation, I couldn’t turn my business brain off. Everywhere I looked I saw gorgeous vineyards and incredible opportunities. Read more
Earlier this week I ordered a pizza. “Pizza Monday” is a little H family tradition and every week we call up our favorite joint. This week, however, instead of the normal bubbly girl on the other end of the line, I found myself talking to a new employee. Read more
As a rental business, you’re competing with everyone from the rental shop around the corner to the DIY dad who can build it himself, the store that sells the product outright, and everything in between. Read more