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Step 1
Secure a building for your tuxedo rental business. This needs to be a fairly large space. Your building will need to have an entryway or area where you can greet guests, take orders and make appointments. It also needs to have several fitting rooms big enough for people to try on tuxedos. Your building will also need a large storage area.
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Step 2
Find a tuxedo supplier. Many times, tuxedo rental businesses go with large names, such as Knights Formal Wear. You can buy your own tuxedos or use a supplier to provide them.
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Step 3
If you choose to buy your own tuxedos, you will need to purchase all the styles in various sizes--be sure to have more than one of each. You'll also need to purchase vests, shoes and ties.
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Step 4
If you choose to go with a supplier, you will have a much easier time. Such companies will give you everything you need. Although you won't have all tuxes in stock, you will be able to provide them to your guests.
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Step 5
Hire employees that have experience with tuxedos, rentals and formal-wear.
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Step 6
Advertise your tuxedo rental business. Make sure that people know where you are located. Then, they can call you to make appointments.
