Preseason Party Rental Business Essentials
Another busy season is fast approaching, and your business must have everything it needs to succeed during this critical time. Fortunately, several tools and resources are available to help you do just that. Here are a few essential tools sure to help your party rental business this season.
JEM Club is one of the best investments you can make for your party rental business. Members get a variety of perks that will save them money and grow their business. Members get free terminal shipping with a free upgrade to residential delivery on all orders with three or more units. In addition, they save 15% off all inflatable units and save even more during JEM Club exclusive sales that happen throughout the year. JEM Club is active for a full year the moment it is purchased, so take full advantage of what it offers!
Looking to purchase an inflatable but lack available funds? Faastrak is ready to help. If you possess good credit, it’s easy to apply for financing and make a game plan to pay off your inflatable. Simply provide the necessary information upon signing up. This flexibility will allow you to conserve your current funds for immediate business needs while still being able to add to your inflatable inventory in time for the season!
Recent incidents involving inflatables are a reminder about the importance of safety in the industry, so ensure your business has the insurance it needs entering the season. General liability insurance is a great starting point, as it will cover property damage and injuries that may result from guests using your inflatables. TRUiC has found the average yearly cost for general liability coverage in the party rental industry to be $500-1,100. Depending on the size and other services offered by your company, you may also need other types of insurance such as Worker’s Compensation Insurance.
With these resources available, your business will be equipped to handle the obstacles it faces this season. What other ways does your business prepare for the season? Let us know!
We highly recommend starting out with one bounce house, one combo, and one 14-15 ft slide, preferably ones with more general colors and theming. This will help you reach a wider range of clients when starting out, and as the business grows, you can add more units such as 19 ft slides, obstacle courses, and games, as well as more specialized themes. Don’t forget to invest in liability insurance to protect your business.
