It's like this... If you weren't in Washington D.C. to garner any parties during the U.S. presidential inauguration or if you weren't fortunate enough to align yourself to know that you're going to make money at the 2010 Olympics in Vancouver, British Columbia, it's probable that your revenue will drop off next year, yet again.
It's being predicted that the U.S. financial decline will fall 15% below where we are now. Some have gone as far as to say that we should expect an economic downfall of as much as 40%.
But here's the thing...
Only time will tell, of course. But all is not lost. Here's something to think about (as an idea to "chase")... The more (party) consumers amp up their attraction to things (parties and special events) that are "eco-consciously aware", the better the trickle down effect. Hm mm...
Regardless of anything, hang tight and hang tough. You're smart. And whether you're a party business owner or a consumer - you're going to make it. What you're hanging onto, believing in and striving for, it's doable. For a little inspiration, read the list below.
The 30 top party rental companies:
1.) Classic Party Rentals (www.classicpartyrentals.com) - Los Angeles, CA/Estimated Rental Volume; $500 million/Number of Locations; 35/ Number of Employees; 5000
2.) Karl's Event Rental (www.karls.com) - Milwaukee, MN/Estimated Rental Volume; $65 million/Number of Locations; 7/Number of Employees; 475
3.) Party Rental Ltd. (www.partyrentalltd.com) - Teterboro, N.J./Estimated Rental Volume; $60 million/Number of Locations; 9/Number of Employees; 150 to 300*
4.) Aztec Events & Tents (www.aztecusa.com) - Houston, TX/Estimated Rental Volume; $36 million/Number of Locations; 4/Number of Employees; 319
5.) ProEM (www.proem.org) - Phoenix, AZ/Estimated Rental Volume; $35 million/Number of Locations; 3/Number of Employees; 200 to 400
6.) Event Rental Group (www.eventrentalgroup.com) - Toronto, Canada/Estimated Rental Volume; $19 million/Number of Locations; 2/Number of Employees; 130 full-time; 230 seasonal
7.) Town & Country Event Rentals (www.tacer.biz) - Van Nuys, Ca/Estimated Rental Volume; $18 million/Number of Locations; 1/Number of Employees; 270
8.) Raphael's Party Rentals (www.raphaels.com) - San Diego, CA/Estimated Rental Volume; $18 million/Number of Locations; 2/Number of Employees; 230
9.) Hall's Rental Service (www.hallsrental.com) - Niles, IL/Estimated Rental Volume; $16 million plus/Number of Locations; 1/Number of Employees; 235
10.) Kirby Rentals LLC (www.kirbytent.com) - Orlando, FL/Estimated Rental Volume; $16*/Number of Locations; 3/Number of Employees; 185
11.) M&M Special Events Co. (www.mmspecialevents.com) - Carol Stream, IL/Estimated Rental Volume; $16 million/Number of Locations; 3/Number of Employees; 185
12.) Nolan Brothers Inc. (chattanoogatent.com; www.tentsunlimited.com; www.erultd.com) - Chattanooga, TN/Estimated Rental Volume; $14.4/Number of Locations; 3/Number of Employees; 120
13.) DC Rental (www.dcrental.com) - Arlington, VA/Estimated Rental Volume; $13.8 million/Number of Locations; 1/Number of Employees; 160 to 200
14.) Diamond Rental (diamondrental.com) - Salt Lake City, UT/Estimated Rental Volume; $12 million/Number of Locations; 4/Number of Employees; 85 to 120
15.) Select Event Rentals (www.weparty.com) - Laurel MD/Estimated Rental Volume;$11.2 million/Number of Locations; 6/Number of Employees; 125
16.) Stamford Tent and Event Services (www.stamfordtent.com)/Estimated Rental Volume; $11 million/Number of Locations; 1/Number of Employees: 100 to 150
17.) Peterson Partycenter (www.ppcinc.) - Winchester, MA/Estimated Rental Volume; $10.5 to $11 million/Number Location; 1/Number of Employee; 90
18.) Perfect Settings (www.perfectsettings.com) - Landover, MD/Estimated Rental Volume; $10.4 million/Number of Locations; 1/Number of Employees; 180
19.) Chair-Man Mills (www.chairmanmills.com) - Toronto, Canada/Estimated Rental Volume; $10 million/Number of Locations; 1/Number of Employees; 90 to 150
20.) Special Events Rentals (www.specialeventsrentals.com) - Edmonton, Alberta/Estimated Rental Volume; $8.2 million/Number of Locations; 2/Number of Employees; 85 to 125
21.) Butler Rents (www.butlerrents.com) - Denver, CO/Estimated Rental Volume; $7.2 million/Number of Locations; 1/Number of Employees; 65
22.) Apres Party and Tent Rentals (www.www.apresparty.com) - Minneapolis, MN/Estimated Rental Volume; $6.75 million/Number of Locations; 1/Number of Employees; 65 full-time; 135-plus in season
23.) Marquee Event Group (www.marqueeeventgroup.com) - Austin, TX/Estimated Rental Volume; $6.5 million/Number of Locations; 2/Number of Employees; 82
24.) Thorns Group (www. thorns.co.uk) - London, England/Estimated Rental Volume; $6.5 million/Number of Locations; 3/Number of Employees; 90
25.) A-1 Party & Event Rentals (www.a1partyrental.com) - Covina, CA/Estimated Rental Volume; $6 million/Number of Locations; 1/Number of Employees; 70
26.) Special Events Rental (www.specialeventsrental.com ) - Warren, MI/Estimated Rental Volume; $5.5 million; Number of Locations; 1/Number of Employees; 60
27.) West Coast Event Productions (www.wcep.com) - Portland, OR/Estimated Rental Volume; $5.5 million/Number of Locations; 3/Number of Employees; 100
28.) Stuart Rental Co. (www.stuartrental.com) - Milpitas, CA/Estimated Rental Volume; $5.3 million/Number of Locations; 3/Number of Employees; 75
29.) AA Party Rentals (www.aaparty.com) - Mountlake Terrace, WA/Estimated Rental Volume; $5 million/Number of Locations; 2/Number of Employees; 65 to 110
30.) L.A. Party Rents (www.lapartyrents.com) - Van Nuys, CA/Estimated Rental Volume; $4.9 million/Number of Locations; 1/Number of Employees; 70
For more information, log onto Special Events magazine.
All information is supplied by the companies listed unless otherwise noted. Special Events estimates (noted with an asterisk - *) are figures based on interviews by staff, industry experts and research. While every effort has been made to ensure accuracy, errors and omissions sometimes occur.
All figures are in U.S. dollars.
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