Wouldn’t this epic Bay Area mansion be an exquisite setting for a wedding? It has space for 70 guests and is filled with elegant, high-end furnishings. You and your guests can enjoy the outdoor gardens, two grand foyers, and large living and dining spaces. With Peerspace as your Airbnb for events, you never have to limit your options.
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?
The last tier, composed of giant tents, cost between $500-$800 per day. They also typically have a $1,000 setup fee, and hold anywhere between 400-1,000 people with 4,000-9,000 square feet of space.
How to Start a Party Rental Business from Home
You also have the ability to directly contact the host with any questions directly through the listing page. Remember that they are happy to provide any support you may need as you plan your event. The venue’s environment can spark creative energy, bring people together, and create a whole lot of fun. Having a website is essential to reaching your target audience effectively.
Give your customers real-life examples
A 10 to 20-passenger bus typically starts at $170 to $300 per hour. The largest 40 to 50-passenger buses usually range from $250 to $500 per hour. Choose a bus based on your exact group size – don’t overestimate, and don’t leave people left out! The size of the tables that you choose to use will also play a big role in how many people fit in the tent. You’ve got to decide whether you want to use a lower number of big tables that can fit more people, or a larger number of small tables that can fit fewer people. It depends on your budget in the end, but bigger tables will ultimately save space in your party tent.
Read more about Las Vegas Party Rentals here.
Without an online presence, you miss the opportunity for local search and digital marketing opportunities, which are some of the best ways to boost brand awareness. One key tip to keep in mind with this particular business is that less is more. Rather than buying every kitchen equipment and utensil, only buy the essentials that most clients are asking for. On the higher end of the pricig spectrum, we have the Parisian venue which comes to €300 per hour and has an eight-hour minimum. The price is understandable, considering its Bastille location and high-end amenities. As a bonus, a rented space adds a sense of anticipation upon arrival.
You set the price, the minimum number of hours a rental must book your space for, and the maximum capacity so renters know how many guests they may invite. You also create an honest listing page to attract renters that shares photos, amenities, and a description of your home. The rental industry is one of the industries that is highly regulated so as to prevent costly breaches as it relates to persons and their properties. You can also hand out business cards to other business owners or drive out to venues and speak with event planners. Several event planners rent equipment for their events instead of maintaining an inventory of their own.
As the world’s largest online marketplace for event and meeting spaces, Peerspace allows you to peruse thousands of listings and filter down results to find the perfect ballroom for your occasion. Other than your website, it is also recommended to dedicate time towards social media. The more effort you put into marketing your business using methods that involve word of mouth, an Internet presence, and social media, the less money you will spend long term. Long term, you will want to invest either time or funds to pay someone towards improving the visibility of your website on search engines when people are searching for your types of products and services. In this article, we talk about purchasing your rental equipment and the importance of not over-purchasing. However, if you know that you will need a certain level of inventory, it’s typically cheaper to order everything at once.
You can, for example, deliver ads on search engines when people type in specific keywords you target or create custom audiences on social media platforms to target with more creative messaging. Some new business owners make the mistake of not having a separate bank account. But it’s vital to do, especially if you want to build up business credit to help with cash flow or eventually secure expansion loans with low-interest rates. However, if anything happens to the business, you are personally liable. A business partnership is a good choice if you start a business with someone else. However, this form of a company makes you financially responsible for your partner’s actions.