Easy Business Start - One Item - Growing Event Rental Business

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  • Опубликовано: 20 фев 2019
  • Build your foundation. Build a simple event rental business on the side with just one item to start.
    Start A Marquee Letter Rental Business: www.etsy.com/ca/shop/DIYWeddi...
    The rental software that I use: pro.goodshuffle.com/trb-vlogs/
    3 Ways I Market My Event Rental Business:
    • 3 Ways I Market My Eve...
    Exciting Things We're Doing: linktr.ee/TRBVlogs
    The Rental Software We Use: pro.goodshuffle.com/trb-vlogs/
    Social Links:
    Follow on Instagram: bit.ly/InstaLin
    Connect with LinkedIn: bit.ly/Lnkdnlnk
    Check out my business's RUclips channel:
    / therentalbrothers
    Our Event Stores:
    Etsy Wedding Store: www.etsy.com/ca/shop/DIYWeddi...
    Photo Booth Store: www.etsy.com/ca/shop/BootherT...
    Other Event Channels Worth Checking Out:
    Home Event Business (Lee Jones) : bit.ly/HomeEventBiz
    Tent Guys Channel: bit.ly/TentGuy
    And Tent Guys "How To Start A Party Business": www.startapartyrentalcompany....
    Connect With Us:
    connect@jonesandski.com
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Комментарии • 67

  • @elindigeno1215
    @elindigeno1215 4 года назад +46

    I took your advice. I started with the few items I have which is 3 tables and 30 chairs and so far I've been getting booked. 🙂 The foundation is growing. Now I have a regular customer. I learned to use my competition as friends. Rent their stuff if the customers wants more. I rent from someone else and the ball is rolling.

    • @TheRentalJourney
      @TheRentalJourney  4 года назад +2

      Awesome. I'm excited to see you grow!

    • @louiegensan
      @louiegensan 4 года назад

      @@TheRentalJourney did you have a permit first before starting?

    • @jamescc2010
      @jamescc2010 2 года назад +4

      Wondering how is the business now. I like your idea about using your competitor.

    • @elindigeno1215
      @elindigeno1215 2 года назад +2

      @@jamescc2010 I'm divorced, gave the business to my ex wife and is just amazing how I planted the seed and now every weekend she's being used/booked.

  • @ShaneNPerera
    @ShaneNPerera 4 года назад +4

    Your words really inspires me to go for my Film Equipment rental house dream.! ♥️

  • @stephane691
    @stephane691 2 года назад +6

    Started renting the pop-ups I had to purchase for my marriage July 2021.
    Within 2 months, I had 4 10X10 popups, 2 10X20 popup 1 20x20 frame tent, a 6X12 closed trailer, 75 Costco black chairs and 10 6 feet tables. All paid for, except the trailer.
    In the Gatineau/Ottawa area, there are a fair amount of big rental cies, but they are all big, with large overhead and a hard time finding staff. So I aimed at the little back-door parties.
    Then I started watching your videos as well as Lee's and the tent guy.
    1 Dec 21 I started bidding side panels and chairs from some overstock items from a party cie in Toronto. Well, the bidding happened quick and I was overly successful. I purchased almost 400 chairs for about 1/2 of the new price. But it's so many that now I have a storage issue and not nearly enough rental to own all that. But storage is not all, I now need dollys, docking shelves and so many expensive logistics items that are just as expensive as the rental items themselves.
    Hope next summer I have more success!

    • @TheRentalJourney
      @TheRentalJourney  2 года назад

      Awesome! And yes sounds like you have some growing pains.

    • @stephane691
      @stephane691 2 года назад +1

      @@TheRentalJourney
      I am not sure if they are growing pains as much as unforseen expenses. After building 2x4 shelving, I realise it's not strong enough. So tomorrow, I have to spend another $500 for used industrial sheving to fix my storage issue. Fortunetly, I am old enough to afford it, but as I told the shelving guy, I'd rather spend smart the spend cheap. I kinda learned that lesson several decades ago, but every once in a while I still get cought repeating my old mistakes.
      It's cheaper to spend more initially than repair and redo.

    • @Rw-bt1iz
      @Rw-bt1iz 5 месяцев назад

      how are you doing now? Interested to hear

  • @a-veteranlandscapesitework2413
    @a-veteranlandscapesitework2413 5 лет назад +5

    I like this, I would like more content on risk, contracts, insurance etc. Just one item is all I'm interested in. Thanks.

  • @joshuazeigler6244
    @joshuazeigler6244 2 года назад

    Thank you for sharing your wisdom

  • @betsyboo4508
    @betsyboo4508 3 года назад

    Thank you 🙏🏽

  • @jasonpayne1240
    @jasonpayne1240 2 года назад

    I like it! Nice job with this video.

  • @adaml5851
    @adaml5851 2 года назад

    Gorth.. Your fired. 🔥

  • @JoseGarcia-ip4pl
    @JoseGarcia-ip4pl 4 года назад +1

    chingom., gracias gracias gracias saludos desde sonora mexico

  • @edgardanscorner2476
    @edgardanscorner2476 3 года назад

    Thank you for your advice

  • @thestylesworld
    @thestylesworld 2 года назад

    Thanks for the video. What is the process for a client to book the rental item and payment? Does it need any deposit also?

  • @orchardtvchannel
    @orchardtvchannel 4 года назад +2

    Very helpful information . I'm also interested in the rental business.

  • @therandomgamer8668
    @therandomgamer8668 3 года назад

    Im trynna rent a tow boom arm but i just wanna know if i need a permit to rent cuz i know some contractors that do painting and use really big ladders so it would more convenient and efficient for them to use a boom arm so do i need a permit to rent machinery like that??

  • @thetentguy
    @thetentguy 5 лет назад +3

    Good topic, excellent way to start. Why didn’t I think of this before you?!

    • @ti-richiedezoddezod9215
      @ti-richiedezoddezod9215 5 лет назад

      OMG! Thank you. I've been wandering how much will I need to start a rental business. Everything change just after I watch your video. God bless you

    • @elindigeno1215
      @elindigeno1215 4 года назад

      Hey! I know you! 😉

  • @offside7803
    @offside7803 2 года назад

    Do you buy the items to be put on rent?

  • @Januarygaby
    @Januarygaby 4 года назад

    Great idea! Two questions: #1 what do you do if customers want to rent out more than what you have? #2 where do you purchase your chairs/tables to start you business?
    TIA😊

    • @TheRentalJourney
      @TheRentalJourney  4 года назад +1

      #1: Sub Rent from other companies, say no to the job, or book in advance and buy/find the items later.

  • @jaydee6738
    @jaydee6738 3 года назад

    Great video! I’m interested in starting up but I live in an apartment so it will be home based. Do you think storing my items in a storage would be ok and just do delivery only when I get orders?

    • @TheRentalJourney
      @TheRentalJourney  3 года назад +2

      Yes definitely. We just went Live with Tentx (see latest videos), and Ryan is doing exactly the same thing - delivery only.

  • @myofficeonline5680
    @myofficeonline5680 Год назад

    When you say 1 item, you mean like you can literally start off with 1 item then later add more of the same 1 item? Thanks so much for sharing your knowledge.

  • @sup-vv3vz
    @sup-vv3vz 2 года назад +2

    How do you insure you get your item back of your just starting on Facebook or craigslist ? I understand just do it , lol but how do I make sure I get the arch back if I'm doing the free listening?

    • @TheRentalJourney
      @TheRentalJourney  2 года назад +1

      2/3 of these helps: Take a deposit, take a picture of drivers license, take credit card.

  • @antonyyang3937
    @antonyyang3937 3 года назад

    Just found your channel and inspired to look into this. I'm thinking about renting out whole golf sets. I'm from Canada too, so I'm looking to start rent out golf sets for driving ranges and when spring rolls around, to golfers on courses. I have 6 full sets all big brands such as Taylormade and Callaway etc. Any advice? Go direct or work with driving ranges and courses and split with them?

    • @TheRentalJourney
      @TheRentalJourney  3 года назад

      Only issue is that golf courses might have their own equipment they want to sell or rent. So I would definitely go direct.

    • @antonyyang3937
      @antonyyang3937 3 года назад

      @@TheRentalJourney they do, but most have either bad sets or decent sets that they charge big money for. What tool/app do you use for point of sale and credit card preauthoriztion for deposits? Thanks man!

    • @TheRentalJourney
      @TheRentalJourney  3 года назад

      Good shuffle. You can get a free trial here: pro.goodshuffle.com/trb-vlogs/

  • @LifeInFrame
    @LifeInFrame 4 года назад

    Hey just currious, where in the world do you live? I'm guessing some place up north due to the snow in February.

  • @jamescc2010
    @jamescc2010 4 года назад

    How is this type of business during covid? I think rental anything is great business as people wants to save money and don't want to spend $$ for one time or a few time use. Have something money , buy something that people will rent with easy process at least at the beginning.

    • @TheRentalJourney
      @TheRentalJourney  4 года назад +2

      During mid COVID it definitely wasn't great. But we're still here.

  • @yurisinclair4160
    @yurisinclair4160 4 года назад +1

    How much do you rent the item? Say, I want to rent out a chair. The chair wholesale costs me $50, but how much should I charge to rent it out?

    • @TheRentalJourney
      @TheRentalJourney  4 года назад +2

      Depends on your market.
      Regular folding chair here is $15 to buy and we rent it out for $1.50 < for example.

    • @yigaelvidz6869
      @yigaelvidz6869 3 года назад

      @@TheRentalJourney 1,50$ a day?

  • @yigaelvidz6869
    @yigaelvidz6869 3 года назад +1

    What do i do that wont make them steal the item?

    • @TheRentalJourney
      @TheRentalJourney  3 года назад +1

      Take a credit card. Deposit. Info from driver's license. Cameras.

    • @yigaelvidz6869
      @yigaelvidz6869 3 года назад

      @@TheRentalJourney can i make a receipt and let him sign it?

    • @yigaelvidz6869
      @yigaelvidz6869 3 года назад +1

      @@TheRentalJourney and also where is the best place that i can promote what im renting? thank you.

    • @melissarht2232
      @melissarht2232 3 года назад +1

      @@yigaelvidz6869 facebook for sure, craiglists i guess

  • @stephenjasper_copywriter
    @stephenjasper_copywriter 2 года назад

    Did her start with just a 10x10 pop up tent?

    • @TheRentalJourney
      @TheRentalJourney  2 года назад

      There’s a recent video talking about what we started with somewhere there

    • @TheRentalJourney
      @TheRentalJourney  2 года назад

      ruclips.net/video/HHCaEQ3fVOo/видео.html

  • @stephenjasper_copywriter
    @stephenjasper_copywriter 2 года назад +1

    I thought if you rented tents you have to also offer tables and chairs? NO?

    • @TheRentalJourney
      @TheRentalJourney  2 года назад

      We started with some pop-up tents, then tables, then chairs.

  • @ICYPROFITS
    @ICYPROFITS 5 лет назад

    I thought Canada didn't have criminals. Here in the states everyone says Canadians don't lock their doors lol

  • @Carllethe
    @Carllethe 5 лет назад +5

    I luv u & the info u give how can I reach u. Are u on Facebook I have more questions.

    • @TheRentalJourney
      @TheRentalJourney  5 лет назад

      Thanks! You can email me here: gorothbalion@gmail.com

  • @kaywoodelliott5491
    @kaywoodelliott5491 2 года назад

    Great videos man! I have a party rentals company in Newfoundland. Perhaps we could chat when you have time, I do have a couple questions.