How to Start a Chair Rental Business
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To start a Chair Rental business, you will need a good business plan that clearly defines your objectives, market and financials. Whether you intend to purchase your inventory outright or obtain a loan, the business plan will help you secure funding. It will also give banks a clear picture of how you plan to run your business.
A furniture rental business requires a large initial investment. Once you have purchased the inventory, you will need to store it in a clean, well-organized place where the tables and chairs can be easily retrieved for rental or returned after each use. In addition, you will need a space for cleaning and sanitizing the chairs before they are sent out for rent and after they are returned from the client.
Depending on your location, you may want to consider a partnership with other independent stylists from the beauty industry who are looking for salon space but don’t want the cost of owning their own space or managing employees. This arrangement is called a chair rental and it requires both parties to draft a cooperation agreement and a rental or leasing (in Dutch) contract with the landlord of the salon space. Both contracts should be dated and include specific details such as access, hours of operation, use of equipment, etc.