Hosting a showcase during the slow season

December 1, 2016  |  Management

Everyone appreciates the time of year when things start to slow down. But after a recuperation stage, tent rental companies may find themselves twiddling their thumbs, waiting for clients to call. What do you do to drive business at these times? Many facilities host a showcase or an open house. This…
A succession solution in employee stock ownership

October 1, 2016  |  Management

How to determine if an employee stock ownership plan is right for your company. An exit plan is generally not at the forefront of a company owner’s mind, especially at the height of career success, but it’s no less important than any other business strategy. When the time comes to step down, a c…
Case study: Expanding from one location to two

July 13, 2016  |  Management, Markets

Expanding a party and event rental business from one location to two ideally results in higher revenue, a bigger market share and more opportunities for the business and its employees. But every so often, the unexpected happens. Consider Jill Redmon, president of Montana Party Rentals in Bozeman and…
What to add to your tent rental inventory

July 1, 2016  |  Management, Products

Knowing your customer base is always critical to success, but this becomes even more important for tent rental companies considering expanding their offerings of non-tent event rental items. After all, taking on new products can represent a sometimes sizable financial investment; a major considerati…
Payroll perils

June 1, 2016  |  Management

Mistakes in withholding and paying payroll taxes to the IRS can spell real trouble for small business owners. Every employer faces countless rules and regulations involving the payments it makes to its employees. There are rules that dictate when (and which) workers must be paid overtime, the amount…
Tempted to subrent?

April 1, 2016  |  Management, Products

Subrentals help tent rental companies keep inventories active and jobs coming in, but getting the most from this strategy requires playing it smart and being cautious. Subrenting equipment—whether to or from another rental company—can offer tent rental businesses some important, and tempting, be…
Brand new brand

December 1, 2015  |  Features, Management, Markets

A strong brand identity can drive sales, while a weak one can hold a business back. Is it time for your company to rebrand? Your special events business may be keeping up with economic and market changes, but is your brand keeping pace? There’s no denying that 21st-century business culture is fast…
Managing cyber security

December 1, 2015  |  Management, On the Job

Don’t fall asleep at the computer. Today, even with almost every specialty fabrics business involved with some form of Internet connection or data storage (customer lists, employee information, books, records, job estimates, receipts and tax documents, for example), nearly 83 percent of small busi…
Slow season survival guide

October 1, 2015  |  Features, Management

Tent and event professionals offer their expertise on extending the season, generating off-season revenue and managing year-round and seasonal employees. With the end of the year quickly approaching, many tent rental companies in the U.S. and Canada are preparing for winter and the off-season months…
As the ACA stands

October 1, 2015  |  Management

The Affordable Care Act (ACA) may be controversial but it is unlikely to be fully repealed anytime soon. It continues to provide specialty fabrics professionals and their businesses with insurance options, cost assistance and increased buying power through the government-sponsored marketplace—and …