How To Start A Party Rental Business In 2023

Everyone knows what it’s like to buy something expensive and then never use it. Your job is to show potential customers that it makes far mores sense to rent equipment for parties than to buy. Being flexible and persuasive are two of the best ways you’ll get your business off the ground. If you’re catering more to larger organizations in your area, there may be only a few events they throw a year around the holidays. On the other hand, birthdays, retirement parties, and promotions are everyday occurrences, meaning you’ll have a larger business if you service the full neighborhood. Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private.

Birdeye for businesses

While you can see how some of these features are similar to Airbnb, what makes Peerspace the Airbnb for events is the vast array of space types at your fingertips! Have a great time playing traditional 8 ball or set up a party tournament with 9 balls, so many different options. Comes with 4 pool cubes, a billiard ball set , a triangle rack, and chalk. You’ll start by creating a Peerspace account and then creating a listing for your home. The other two categories are “offsites” or “productions”, which you may also like as possibilities. In this case, you can make additional listings for these categories as well. The cheapest venues are the London warehouse venue at £50 per hour and the Chicago rustic venue for $60 per hour.

In addition, the venue host can provide 20 white folding chairs, four couches, and other cool furniture upon request. Many of our hosts are creatives who deck out their unique spaces to offer their fellow creatives a distinct space to work. Some of our event venues are even operated by event planners who are happy to help you plan and execute your event as much as you like.

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Professionalism – we are fully insured and are experienced in working with the local schools and Parks & Recreation areas. Cleanliness – all of our equipment is thoroughly cleaned and sanitized after each use. Reliability – we deliver and pick-up our equipment on-time, and try to fit into your schedule. We have different teepee sizes that allow us to draft the most convenient and space-saver layout for your space. We have double teepees that accommodate two children and also have single teepees that accommodate one child.

Find unique ballrooms on Peerspace

Promote your business on satellite TV stations and radio stations. Engage in direct marketing, referral marketing and also email marketing. Areas that have a relatively low cost of living and available office space. The Amount needed to rent a suitable office facility with enough space in the United States of America (Re – Construction of the facility inclusive) – $50,000. Though in the United States of America, the most recognised examination that must be taken is the Certified Event Rental Professional organised by the American Rental Association . It makes you more professional, and shows that you have been certified to venture into the business. Once you’re up and running with Quipli you’ll wonder how you ever managed without it.

These non-traditional venues can include barns, warehouses, lofts, and different outdoor settings. They give rental businesses a chance to create setups that are unique and work with these different settings.

Party Rentals

And if you’re in London, we especially recommend renting time at this sunny artist’s loft in Shoreditch. How about this truly fun New York photo studio with 2,000 square feet of useable, daylit space?

But, Surviving in the business such as in most others in the business world as a party rental business requires a lot, in fact more than, your expertise. This large flex space in Chicago’s River North neighborhood is actually housed within a boutique hotel, making it a hotel ballroom that’s both affordable and easy to rent on Peerspace. It’s nearly 2,500 square feet and can accommodate up to 50 guests. While here, you can set up the space however you see fit and use the on-site kitchen and seating. Each venue has its own page filled with crucial details, including a venue description, high-res photos, reviews from past renters, and upfront pricing. If you have any questions, you can contact the space’s local host right on the listing page. Each venue is owned by a local host who will strive to make your experience in their space perfect.

Quipli enables rental companies to offer the technology of the industry’s largest players, at a fraction of the cost. There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business. Your profit is determined by how long your equipment lasts, and how much you charge for each rental. In the case of the wedding tent, you would need to rent a $3500 tent (at $225 a weekend) for at least 16 weekends before you started seeing a profit. However, seeing as how a wedding tent can handle far more than 17 weekends, then you enjoy practically unlimited profit after that.

Shop around and find agencies that specialize in party rental equipment and liability insurance. Birthday party rentals cover an incredibly wide range of potential business opportunities. Some of the most popular birthday party rentals are bounce houses and other inflatables. This low-commitment product niche could net well over $1,500 each week with only minimal stock.