I've been giving this topic a lot of thought, thanks for posting this. In another video you mentioned that you hate trailers, and yeah, sure a truck with a lift gate is the best... but, when you are just starting, as you mentioned previously... renting trailers from U Haul, for eg., runs around 25 (open) to 40 (enclosed) for the smaller ones in my area AND they DON'T charge anything for miles on trailers, however, all the truck rental services I've used recently charge $1 per mile on top of the rental fee... I ended up spending about $130 or so just to move stuff about 30 miles last year and you really feel those miles you are doubling up on. At least with U Haul, you can return to different locations, which is nice. But, I think I'm going to end up using U Haul for trailer rentals vs. renting actual trucks to save on the cost of miles... and also, with trailers. Although, it sure is tempting to pull the trigger on a nice new enclosed trailer with 6'-6" high interior, to start with. One thing about purchasing a new trailer is they are not all that much more than used if you can even find one, and they are hard to find with all the features you want... like ramp, walkable interior, side door... and the smaller 5 x 10 or 12 is hard to find used... it looks like they don't lose too much value. If I end up spending $4000 on the one I want now, and I end up selling it, it would likely sell quick for around $2500 to $3000 so it's not that big of a risk. That's just a big chunk of my start up budget though.
I get what u saying... But living in Cape Town South Africa its difficult... Gas is priced so high... It's actually difficult pricing delivery, and clients are difficult. I have a custom made cake home business, and prefer clients to pick up themselves... Once the cake is out of my hands it becomes your problem, unless asked for me to deliver... And am try to venture into hiring... It's something I love...brings me so much joy to decorate venues... But I'm finding is so difficult to do. And ur videos are such a great help and such a confidence booster. I'll try and not feel so crap when charging delivery fees.
Hi, my husband started the nerf gun rental? I saw you have another video about it in 2021. Please let me know how was your business? Could you give us any tips or advice? Thank you so much.
Local, we stuck close to the formula. .75x4. Raised it though to 1.00 for the two round trips. So 1x4. Further away we round up. If it’s $450, I’ll just round up.
I plan on starting a party rental Business tables and chairs only For now where do you recommend I buy my tables and chairs and which ones do you recommend i buy? 6” tables or 8” tables and how many tables and chairs should I buy???
Awesome video. My wife and I are strongly considering starting small for events and maybe small weddings. Do you charge a flat rate no matter what. Or if the party needs your equipment for two days do you just double the charge? Is it a day rate or for x amount of hours? Thanks for all the info!
Hi, we consider it a weekend rental, just one charge. Drop off 1-3 days before, pick up 1-3 days after. The 3 days before is for things like big weddings. 1-2 days before is more realistic for smaller stuff. If it’s spanning two weekends, we charge 1.5 to 2x, depending what it is.
Hey my friend! Hope this message finds you in good spirits.Im starting a rental company here in Florida and I’ve been watching your video,They have been very helpful but I have questions 😫 wish I could talk to you for 15 minutes.
@@thetentguy I had to use a different vendor where I live and they charged 10 dollars for the delivery. I think I will do that. The places in my area are barely 5 miles away.
I price it at $1 per total miles. There and back for delivery and then there and back for pick up. If it’s far away, I will even round up. So it comes out $266 for delivery I’ll round up to 300. If it’s a larger order that’s several thousand dollars I may round up to 350 to 400
Thanks for pumping out the videos man! I just left a comment on Gorothballions video, asking about insurance. Would you consider a video discussing business insurance. We’ve been torn on how to approach getting insured this early in the game. Thanks again!
1099 is hard to justify in this business. And that’s a hard question to answer. You need someone responsible enough to drive, so you gotta pay enough for that. Obviously, minimum wage would be great for you, but you’re probably going to have to pay a bit more
Nice topic!!! It cost money to take care of gear need to charge according. Request can u share to us your experience with rental software? I’m would like to sign up for one and would be great to hear your point on it !
Same here. Thinking of purchasing an existing event rental business, where the owners are retiring. They have some kind of software they recently started using, but they are not super technically minded,and said it has been hard to learn.
Absolutely love your content! Would you mind doing a video on how you manage your dishware? Like packing, storing, and cleaning?
Love your content. Valuable and straight to the point.
I've been giving this topic a lot of thought, thanks for posting this.
In another video you mentioned that you hate trailers, and yeah, sure a truck with a lift gate is the best... but, when you are just starting, as you mentioned previously... renting trailers from U Haul, for eg., runs around 25 (open) to 40 (enclosed) for the smaller ones in my area AND they DON'T charge anything for miles on trailers, however, all the truck rental services I've used recently charge $1 per mile on top of the rental fee... I ended up spending about $130 or so just to move stuff about 30 miles last year and you really feel those miles you are doubling up on. At least with U Haul, you can return to different locations, which is nice. But, I think I'm going to end up using U Haul for trailer rentals vs. renting actual trucks to save on the cost of miles... and also, with trailers.
Although, it sure is tempting to pull the trigger on a nice new enclosed trailer with 6'-6" high interior, to start with.
One thing about purchasing a new trailer is they are not all that much more than used if you can even find one, and they are hard to find with all the features you want... like ramp, walkable interior, side door... and the smaller 5 x 10 or 12 is hard to find used... it looks like they don't lose too much value. If I end up spending $4000 on the one I want now, and I end up selling it, it would likely sell quick for around $2500 to $3000 so it's not that big of a risk. That's just a big chunk of my start up budget though.
Thanks for posting all your great content!
Thanks for the motivation and advice.
Thanks, for the video. I will try to apply 0.75 per mile to calculate my delivery rates, and a flat rate for local.
Thanks for sharing. Your videos are so helpful.
I get what u saying... But living in Cape Town South Africa its difficult... Gas is priced so high... It's actually difficult pricing delivery, and clients are difficult. I have a custom made cake home business, and prefer clients to pick up themselves... Once the cake is out of my hands it becomes your problem, unless asked for me to deliver... And am try to venture into hiring... It's something I love...brings me so much joy to decorate venues... But I'm finding is so difficult to do. And ur videos are such a great help and such a confidence booster. I'll try and not feel so crap when charging delivery fees.
Yeah it’s tough in different markets. Especially if the competition operates one way and you want to another.
Hey, thanks for the video…very helpful info! What’s your definition of local? I’m in Florida and we’re pretty spread out.
10-15 minutes
Hi, my husband started the nerf gun rental? I saw you have another video about it in 2021. Please let me know how was your business? Could you give us any tips or advice? Thank you so much.
Let me make sure I got this formula correct. 75 cents a mile then round up to the next hundred then throw some more on top of that. That correct?
Local, we stuck close to the formula. .75x4. Raised it though to 1.00 for the two round trips. So 1x4. Further away we round up. If it’s $450, I’ll just round up.
I plan on starting a party rental Business tables and chairs only For now where do you recommend I buy my tables and chairs and which ones do you recommend i buy? 6” tables or 8” tables and how many tables and chairs should I buy???
Use this link. I set up free calling for consultations. We can on the phone, it will be easier.
clarity.fm/adam-the-tent-guy-keller/scissors411
Awesome video. My wife and I are strongly considering starting small for events and maybe small weddings. Do you charge a flat rate no matter what. Or if the party needs your equipment for two days do you just double the charge? Is it a day rate or for x amount of hours? Thanks for all the info!
Hi, we consider it a weekend rental, just one charge. Drop off 1-3 days before, pick up 1-3 days after. The 3 days before is for things like big weddings. 1-2 days before is more realistic for smaller stuff. If it’s spanning two weekends, we charge 1.5 to 2x, depending what it is.
hey i like your content! Do you have any recommendations for wedding tents? im not sure where to start, price, size?
30x60 to 40x60. They can be sectional so you can make smaller or larger if needed. I buy from Aztec tents and eureka tents.
Have you ever taught of writing a book? Having a taco stand for parties?
I did start writing a book, but like doing it on RUclips better.
Taco stand catering would be awesome.
@@thetentguy What is the name of the book? Is it related to party rentals?
@@thetentguy More revenue.
I Definitely enjoy your channel ❤️
Thanks.
Hey my friend! Hope this message finds you in good spirits.Im starting a rental company here in Florida and I’ve been watching your video,They have been very helpful but I have questions 😫 wish I could talk to you for 15 minutes.
In my descriptions I have a link to use clarity.fm for free phone calls.
Where I live the areas are really close by not even 10 miles away from each other. Do I still charge a delivery fee?
If everyone else is.
@@thetentguy I had to use a different vendor where I live and they charged 10 dollars for the delivery. I think I will do that. The places in my area are barely 5 miles away.
If a delivery is 1 hr 30mins away from the business location drop & Pick up, how do i price that delivery?
I price it at $1 per total miles. There and back for delivery and then there and back for pick up. If it’s far away, I will even round up. So it comes out $266 for delivery I’ll round up to 300. If it’s a larger order that’s several thousand dollars I may round up to 350 to 400
@thetentguy thank you sir , i was close but you nailed it .. one love
Thanks for pumping out the videos man!
I just left a comment on Gorothballions video, asking about insurance.
Would you consider a video discussing business insurance. We’ve been torn on how to approach getting insured this early in the game.
Thanks again!
Thanks! I sure will. That’s a good one.
ty
what would starting wage for a driver/employee be? do you w2 or 1099?
1099 is hard to justify in this business. And that’s a hard question to answer. You need someone responsible enough to drive, so you gotta pay enough for that. Obviously, minimum wage would be great for you, but you’re probably going to have to pay a bit more
do you charge for set up and tear DOWN?
Of the tables and chairs. Yes. Most everything else is included.
Nice topic!!! It cost money to take care of gear need to charge according. Request can u share to us your experience with rental software? I’m would like to sign up for one and would be great to hear your point on it !
Thanks for the idea! Where you thinking of doing the rental software that’s all online with a monthly fee, or outright buy one?
Same here. Thinking of purchasing an existing event rental business, where the owners are retiring. They have some kind of software they recently started using, but they are not super technically minded,and said it has been hard to learn.
All online! I sign up with goodshuffle pro it seems really good, they have really nice pull sheets...
What's the demographic of your area/population?
300,000 suburbs and rural.
Thankyou for the videos
You’re welcome!