How to Open a Party Rental Business

How to Open a Party Rental Business thumbnail
A party rental business can be very lucrative.

Opening a party rental business can a lot of fun for the whole family, as well as extremely lucrative. It is possible to start on a small scale from home and work your way into a large, successful business. And fortunately, it isn't overly complicated to get your foot in the door.

Instructions

    • 1

      Decide if you will only be supplying backyard parties, or if you will service larger events such as proms, church events and wedding receptions. When starting, concentrating only on backyard parties won't spread your resources too thin.

    • 2

      Purchase equipment and items you want to offer for rent. These will include tables, chairs, table cloths, dinnerware, and inflatable toys such as moonbounces.

    • 3

      Obtain a business license and proper insurance to do business in your area.

    • 4

      Visit schools and churches to offer your service for any events they may be having. Give a substantial discount in order to get in the community and be seen.

    • 5

      Create a website with information about your business, your price structure, and the equipment you have available for rent. Also have business cards and flyers printed and distribute them in neighbourhoods most likely to use your service.

Tips & Warnings

  • Get a second phone line if you are operating from home.

  • As you expand, add more items such as karaoke machines, snow cone machines, popcorn machine, cotton candy machine and dunk tanks.

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References

  • Photo Credit party cup ctreamers and party banners image by Warren Millar from Fotolia.com

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