Tents and Chairs’ Leasing Business
Type: Event Rentals and Services
Area of Specialization: Tent and chair leasing, complemented with additional services such as photography, videography, sound systems, and event management.
Requirements to Open a Tent and Chair Leasing Business in Kenya:
- Market research to identify target market and competition.
- Registration of business name on the e-citizen portal.
- Approval letter/letter of no objection from the Law Society of Kenya.
- Registration with Kenya Revenue Authority (KRA) for taxation.
- Strategic location selection for the business.
- Purchase of tents, chairs, and additional equipment.
- Acquisition of necessary licenses and business insurance.
Services Offered:
- Tent and chair leasing with delivery and set-up services.
- Provision of linen tablecloths, napkins, chair pads, chair coverings, and table runners.
Tent Rental Business Plan:
- Business overview and target market analysis.
- Budget and capital requirements.
- Services offered and pricing strategy.
- Marketing and promotional strategies.
- Operational plan and logistics.
- Financial projections and risk management.
Investment Capital:
Startup cost: At least Ksh 500,000.
Equipment and Pricing:
- Two 100-seater tents: Ksh 200,000.
- Two 50-seater tents: Ksh 100,000.
- 250 plastic chairs: Ksh 150,000.
- Other miscellaneous items: Ksh 100,000.
- Licenses: Ksh 15,000
Licensing and Insurance:
- Business licenses and permits from relevant authorities.
- Business insurance for protection against accidents.
Benefits of Tent and Chair Leasing Business:
- Easy management.
- Business networking opportunities.
- Continuous customer flow with excellent customer service.
- Potential for business expansion with high-profit margins.
Profitability:
Potential to make up to Ksh 70,000 on a slow month and up to Ksh 150,000 with additional services like photography and public address system leasing.
Next Steps:
- Secure necessary licenses and permits.
- Set up office infrastructure and equipment.
- Develop marketing strategies to attract clients.
- Establish client management processes and ensure compliance with legal and regulatory requirements.
- Maintain cleanliness and quality of equipment for customer satisfaction