Party equipment rental business plan

General terms[ edit ] A lease is a legal contractand thus enforceable by all parties under the contract law of the applicable jurisdiction. In the United Statessince it also represents a conveyance of possessory rights to real estate, it is a hybrid sort of contract that involves qualities of a deed. Common elements of a lease agreement include:

Party equipment rental business plan

Strategic Analysis with current research! Party Equipment Rental, Inc.

party equipment rental business plan

The Company was founded by John Doe. The Company will provide for the delivery, set up, and pickup of rented equipment for each event. Doe is sourcing a number of vendors from which the business can acquire large inventories of rentable products.

The third section of the business plan will further describe the services offered by Party Equipment Rental, Inc. The interest rate and loan agreement are to be further discussed during negotiation.

Doe has more than 10 years of experience as an entrepreneur. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

CASH FLOW ASSUMPTIONS AND CONSIDERATIONS

Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals and event planners within the target market.

The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.

Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of Party Equipment Rental, Inc.

[BINGSNIPMIX-3

Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.

Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.

party equipment rental business plan

The growth of this industry has remained on par with the growth of the economy in general, and is expected to remain as such as time continues. Among these users, Management has outlined the following demographics: The second demographic targeted by the Company are corporate event planners and independent event planning businesses.

These companies will directly contract with the Company to provide equipment for large scale events. Among these businesses, Management has outlined the following demographics: The key to writing a strong competitive analysis is that you do your research on the local competition.

Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Company.

Doe intends on using a number of marketing strategies that will allow Party Equipment Rental, Inc. These strategies include traditional print advertisements and ads placed on search engines on the Internet.

Below is a description of how the business intends to market its services to the general public. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the party equipment rental services that the Company is selling.

This is very important as many people seeking local services, such as renters of party equipment, now the Internet to conduct their preliminary searches.Tent Rental Service Party Tents Business Plan 2nd Edition - Kindle edition by Bplanxchange, Scott Proctor.

We’re Moving!!! So Mark Your Calendar!

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Tent Rental Service Party Tents Business Plan 2nd Edition We offer high-end Party Rental equipment We have very competitive prices Customer Pick Up or Delivery and set-up/take-down services are available for our exclusive clientele.

Colorado’s Leading Tent & Event Specialists. Our experience, extensive inventory, and knowledgeable staff can help you find the right rental equipment to make your vision come to life. Rhode Island’s Tent and Party Rental Superstore.

Welcome to Quality Rental! We are a full service rental superstore that specializes in tent rentals, weddings, party rentals, graduations, and .

Purchasing Equipment A large part of your initial costs for starting your rental company is the equipment you plan to rent to the public. Your business cards, website, and any other marketing materials are small costs compared to the cost of the equipment. Tucker Equipment & Party Rental.

Tucker Rental has served the needs of homeowners, contractors, and caterers in Jacksonville Beach and the surrounding areas since Our tool and equipment division rents everything for all types of construction or home improvement projects.

From Bobcats and carpet cleaners to lawn and garden equipment to high-reach equipment, Tucker Rental has the .

timberdesignmag.com - Free Party Equipment Rental Business Plan