If I Started Over With $5000.00 - What Would I do - How To Start A Rental Company
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- เผยแพร่เมื่อ 18 ต.ค. 2024
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Wow, thank you for the information. I really like that you listened and recorded specific items before you bought them. I definitely have to apply this concept. Thank you.
I’ve been helping my grandfather put up pole tents all my life, 20x20, 20x30,20x40. I have 6 tents (2 of each listed above) and I’m starting my own tent rental business. My goal is to grow into a large scale multi-million dollar event rental business and build a legacy for my family, but I realize I have to start somewhere. This video assured me know that I have exactly what I need to get started. How did you start off with your pricing? I’ve been looking at local companies but they’re prices vary +/- $150-200.
I started way too low. I learned that just bring a little less expensive, like $10-20 less, than my competition, I would still get stuff out. I would price between a few competitors. Good luck man, and thanks for watching!
Thanks for sharing. I learn something from all your videos.
You’re welcome. Thanks for watching.
Dope. Awesome info. Took some notes going to start shopping atound getting quotes. Thanks
The recording is genius!
Helpful insight man, appreciate it
Thank you so much. I am literally starting this this year which is not really good given what's going on. But I am hoping I'm preparing well and saving. Anddd I started my Amazon account as you recommend. Please keep the advise coming. TY!
Awesome! It is a buyers market right now, so hopefully you can get a good deal.
This is great advice thank you
Thank you sharing that is vary helpfully information
Thank for sharing 👍
Awesome info! Thank you so much!
Great info. 👍
Great info. Where do you purchase your tents ?
Either from Aztec or Eureka Tents
My wife and I just started a party rental in Arkansas. Tables, chairs, stages. Or stage system (I built) has rented already. Could you do or talk about stages please. We listen to all your videos and got a lot of info thank you
Thanks so much for your advice I really appreciate it. I’m starting out where should I buy my tents to start? I think I’m going to start with pole tent. But I need to know if that’s a good idea because I’m getting a $5000 loan to start. Love learning from your video. I’m starting this summer in California so I don’t think I’m going to start out with side walls
Aztec tents is in CA. I would use them. Good quality.
I start my company this year and I think I go a little crazy but now I'm going to I'm going to go to the bigger tent so what do you recommend to me f
Question? Can you get a 20x40, 20x30 and two 20x20 tents with $5000
Oh man, before covid you could. Not now. You could be close with f you make your own side poles and center poles.
thank you for this video... how do you price your price tents? or dont you have a link that can teach me how to price tents, and add-ons?
I just get prices from competitors, either of their site if the have it, or have a friend call and request a price list. They say they are planning a big event next year, but don’t know what they need, and request a price list emailed to them.
I do it this way, because it lets me know what the market is willing to pay. For things that local rental companies don’t have, I search neighboring cities.
What about Costco or Amazon? Is their stuff good quality? Thanks
Not really. But you can start with it, get money flowing. Then buy better.
Do you have any good links for tents? I know you mentioned you’ve gotten some from FL In another video. I’m having trouble finding them
That would be Tent Renters Supply
Hello, thanks for your valuable info. Can you suggest me a place where to buy a 20 x 20 tent?
I buy from Eureka, Aztec or Fred’s Tents.
If you had to choose between (2) 20' x 20's w/ tables and chairs or (1) 20' x 40' with tables and chairs, which would you choose?
If i where renting it for a Party, I’d want one tent. If I where buying it to rent out, I’d want the two.
Where are you buying tents for this cheap !? Lol. I’m from calgary Canada and those 3 tents are close to 20k
That video was made before covid changed the game. But even still, I’m still getting them from Eureka, Aztec and tent renters supply for a good price. I also buy my stakes from a different company, not the manufacturer of the tent, same thing with everything else. Poles are from a different company, and ratchets from another, and sides from another. Basically there’s like 5 companies I use to get a complete set up. Manufactures charge the shit out of you when you order the whole package complete.
@@thetentguy I’m learning this haha. Appreciate the response !
Can you put the link for the pipes
aadvantagetent.com/WEB_PDFS/TENT_POLES.pdf
Great video which tables would you buy first 6 ft tables or 8ft for those tents thank you
Either is fine. I prefer 8ft, but you have to take into consideration how you’re delivering and where where your storing, and if either of those will benefit from having the shorter tables.
I hear what you're saying dude but what if you had previous knowledge of the industry in terms of what actually sells and what is in fashion?
What if you had loads of experience in erecting tents especially for weddings and liaising with clients and so forth?
I'm currently in a situation where I could start a business in an area that has only a couple of other companies. One of which does clear span and the other seems to only do tipi tents. Both do weddings.
I have worked within the industry on and off for about 10 years. A few of those years being for a massive company in the uk that covers the entire country and fulfils huge contracts for festivals and county shows and then several years working for a smaller firm that specialises in doing weddings and everything associated with them.
I have my eye on doing pole tents as I have a ton of experience with them and they are really popular for wedding at the moment in comparison to clear span tents.
I really feel like I should try and corner that part of the market before someone else in that area does but am really quite worried about the potential gamble by trying to do weddings asap.
I am fortunate enough to have space to store what I think I would start with so the overheads can be minimized to a degree and I also only intend on renting vehicles to start with.
There are a couple of wedding fairs that are held in that area annually. Might take myself along to those.
Your thoughts on this would be really appreciated.
Many thanks
I agree with you, you know what you’re doing. The video was taking the stance of starting all over again with $5k.
If you’ve got the money, and the know how, jump into weddings. You won’t have every weekend booked up your first summer, but the next should be. I’d still get 20’ and 30’ wides though. They will fill in the work week.
@@thetentguy Thanks for taking the time to reply. You really are an awesome guy. It's really helpful to get that kind of feed back from someone who knows.
Hey do you have the company who has the tent protective storage bags?
Argo bag and rental Innovationz
@@thetentguy Thank You
How much business insurance usually cost for a rental business per month ???
It completely depends on how much you have. My first year was less than $1500 a year. Now it’s closer to 20k a year.
Thank you. Your video is very helpful 😀
Hello sir, I’ve got a little money saved and I’m trying to start up but I’m located in Boston and finding quotes or wholesalers around has been trouble for me. You got any advice or assistance where you can help me
That’s great! Sign up for clarity.fm in my video descriptions. Yeah set up free phone calls to sing that link. I just don’t like giving out my actual number.
What is the best company to buy at tent 40x40 or 40x80
The major manufacturers like Aztec in CA, Eureka in NY. Fred’s Tents in NY.
Hi. What accounting system do you use for rental inventory?
I actually use excel. But the best is quick books.
What company do you use to buy your tents
Several. Eureka, Aztec, tent renters supply.
@@thetentguy thank you for the reply !
What’s a filangel table?
Ha, me messing up speaking, what’s the time when I say that?
The Tent Guy and other Entrepreneur Stuff at 2:17
Fill and chill.
It sounded like you said but depot (if you could find it cheap ) what is that?
A place to put cigarette butts
Is there a direct way to reach via email?
I would ( My - Bill's ), And Then ( INVEST IN STOCK MARKET SO I CAN SEE NEW GROWTH IN MY FUND'S ); I KNOW I'M A GREAT ( INVESTER ); I JUST DON'T HAVE ANY ( FUND'S ) TO INVEST RIGHT ( NOW )! BUT, ( " I DID " - OVER THE RAINBOW'S, I WOULD TRAVEL AND BEYOND LIFE AS " WE SEE, AND KNOWN IT TWO BE " )! ( >~< (?)!!
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