![]() In the United States, only Classic Party Rental Company can boast of having a lion market share in the industry. There are about 12,184 registered and licensed party rental businesses in the United States and they are responsible for employing about 50,470 people. Statistics has it that the Party Rental industry in the united states of America, is worth about $5 billion, with an estimated growth rate of 3.7 percent between 20. So also, with higher personal and corporate income, households and businesses are projected to expand their party budgets, which will allow them to spend more on rentals beyond basic necessities to full-service products et al. ![]() ![]() But renewed assurance in the economy in successive years has encouraged businesses and consumers to host events that require products from the Party Supply Rental industry.Ĭontinued economic recoveries will likely aid growth through 2022. The overall revenue generated in the party supply rental industry shrank slightly in 2011 as businesses and consumers wary of the recent recession held off on event spending. Table and chair rental business is a subset of The Party Supply Rental industry and establishments in this industry are basically involved in renting out tables, chairs, flatware, linens, centerpieces, stages, tents, canopies, public address system, red carpet, drums, plates, glasses, cutleries and other items for public and private parties and events. A Sample Table and Chair Rental Business Plan Template 1. So if you have decided to start a table and chair rental business, then you should ensure that you carry out feasibility studies and also market survey.īelow is a sample table and chair rental business plan template that can help you to successfully write your own with little or no difficulty. The service delivery for a table and chair rental business is simple and straight forward, especially if they are not involved in other complimentary services in the scope of the business. As a matter of fact, you can start your own table and chair rental business and then grow it big within a short period of time by reinvesting your profits back to the business. Why Start a Table & Chair Rental Business?ĭepending on the scale you want to start, the startup capital for this type of business can be considered to be moderate. Why Start a Table & Chair Rental Business?. ![]()
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