Tips for Venue Owners

To Buy or To Rent? Benefits of Owning Your Own Event Chairs

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One of the most important expenses an event venue has is renting seating. Since most –if not all– the events a hall hosts will need seating you might find yourself renting chairs a lot more often than you thought you would! We know that some events call for different types or styles of seating. In this article, we’ll talk about the reasons why owning your event chairs, especially some basic styles  (like these Classic Chiavari chairs or some Banquet chairs) is the best choice for venues.

 

It’s an investment for your business’ future

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Owning your event chairs is a plus for people considering using your venue to host their events. Imagine this: a planner is looking for a venue to host an annual conference. The planner is considering two venues and presents them to their client. One of the venues includes seating, the other one does not. Since it’s one less thing to worry about and one less expense, the client goes for the venue that includes seating.

As you can see, owning your own chairs is one more reason for clients to choose you. This means you get a great return on investment from owning chairs instead of renting them or having your clients rent them for each event.

 

You’ll be ready for anything

Let’s imagine another scenario. You have a last minute cancellation and manage to book an event for the same date! The only problem? You have to find 300 chairs to fill up your ballroom last minute! If you owned your own banquet chairs this would not be a problem at all.

 

You’ll top spending and keep 100%of your profits

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Think about it, if you bought your chairs now you’d probably earn back your investment in about six or seven events. On the other hand, if you keep on renting your event furniture you’ll keep spending a percentage of your profits indefinitely.

 

You could make extra profits

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If you own your event chairs you can still make money even if you’re not hosting an event! How? By renting them as well. Whenever you don’t have an event booked you could always make arrangements to rent your chairs to other venues or halls. This will allow you to have another source of income for your business.

 

Still not convinced? 

Here are some other details. Low maintenance chairs (like these metal wedding chairs) don’t need attention between events. Plus, they are light and stackable which means that they are perfect for storage in small spaces. This makes them extremely convenient aside from being very durable and all in all a great investment for any event business! And remember, you can always rent any specialty chair you might need later.

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