(Closed) New wedding business adventure??

posted 7 years ago in Career
Post # 3
Member
7431 posts
Busy Beekeeper
  • Wedding: October 2009

@Ashley1001: I definitely think that there is a market out there for this. You would have to promote it on wedding websites, and set up a website. How would you get things to the brides if they aren’t in your area? I think shipping costs would be a real concern for me. But yeah, I think if done correctly, this could be a success

Post # 5
Member
7431 posts
Busy Beekeeper
  • Wedding: October 2009

@Ashley1001: yeah, I guess that would make sense. And you are in a good location for it, since I’m sure people get married in FL year round. I would love to do something like this!!! I think if it were me, I would go to as many bridal shows as you can to market yourself, get into the local chamber of commerce, etc. Just network and market like crazy!

Post # 6
Member
10851 posts
Sugar Beekeeper
  • Wedding: September 2010

@Ashley1001: I’ve thought about doing the same thing. I spoke with a couple of vendors who basically said you have to be really careful and detailed with the items and their condition. You almost have to treat it like a car rental where you have a sheet that details every nick and scratch because people will refuse to admit that they damaged an item and you just end up out the money for it. It’s still something I’d like to do one day when we have a big property with a barn or something to store it all in!

I really love this vintage rental place:

http://www.vintage-rentals.com/index2.php#/home/

Post # 8
Member
2018 posts
Buzzing bee
  • Wedding: December 2010

I think the idea is great but I’m not sure if you can turn a profit with it. I’ve had a home staging business where I basically rented out furniture and accessories and I can tell you some issues that I ran into.

You would need some start-up money to buy all these props and then have to figure out how to deliver and transport them to sites. You need to figure out how much you can charge so people will actually use them and so you can make a profit.

And as far as the trendy items, what are you going to do with them once the are no longer popular? You could sell them and buy more but you won’t recoup your losses because they will have depreciated in value.

Okay, I’m done playing Devil’s Advocate:) I really do think it’s a fun idea but I would do some research and see if it’s going to be viable. Good luck:)

Post # 9
Member
7431 posts
Busy Beekeeper
  • Wedding: October 2009

@PutABirdOnIt: I was hoping someone who actually had some experience with something like this would chime in. I dont’ really know the ins and outs, but yeah, I think figuring out logistics could be a pain. I would definitely be scouring estate sales and garage sales (I mean, there’s gotta be a good amount in FL) to get the best deals on things.

But, good things to consider!!

Post # 11
Member
2018 posts
Buzzing bee
  • Wedding: December 2010

@MrsSl82be: I just thought of more:)  You have to have a place to store all this stuff too.  I had to pay for storage off-site and that eats into profit too.  And you can definitely start out small but in order to grow the business, you have to keep buying more and more.

And even garage sales and estate sales cost money when you have to buy a lot.  Plus, you will spend a lot of time searching for the right things.  And time is money.

Realistically, it would take at least $5,000 to get started.  Oh, and I almost forgot marketing costs.  Aaah!  This is getting complicated. lol  Not saying it can’t work, these are just details that have to be worked out.

Post # 12
Member
10851 posts
Sugar Beekeeper
  • Wedding: September 2010

@Ashley1001: Plan B with the barn was also maybe one day opening up our own event space, but like 2ndtimeacharm: mentioned, there are A LOT of details to consider (zoning, taxes, insurance, etc).

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