Re: How do I determine how much to charge for permanent venue hire?
Perhaps I'm reading too much into this but you posted in the Installs forum and included "permanent venue hire" in the thread title so how did we get to weekly rental or maybe a couple of months at most and speakers on a stick?
My wishful thinking plus not being completely up to date on what the new owner wanted to do.
No hesitation - just new to this.
At this point in time, they have from me 2 JBL PRX615s (and stands), JBL PRX 18 inch sub, a passive home made sub, 2 amps, 4 Mackie Thumps, hand full of mics/cables/stands, some DBX 231s and a couple of Crown amps, and an Allan and Heath GL3000 and 2 multicores. (Original objective, with the old people running the place, was to facilitate Rock music in the venue space - all done pretty informal, and cheap, in support of an aspiring original live music venue, and in sympathy to their near total lack of income. New guy, different story, I'm looking to do this more professionally now).
Dry hire I suppose although I went in and set it up.
Since the take over, I'd say the business side is more stable as the new owner has another (successful) pub and seems to know what he's doing, still, the doors closing thing remains a possibility.
Yes to income but it would be sporadic (potentially could be less sporadic if I formalise myself as a hire company and advertise properly - which is something I want to do and am now working towards).
Big fat no to 5 (last people informal, new person I want to formalise our agreement but am still waiting for him to say "yes - we are officially working with you and not the rival company"... If I might ask, for an install scenario, how do the contracts differ from the once off hire contracts?
If you want to get an idea of how other businesses do it-just look at your local "rent to own" furniture/electronics stores.
Excellent idea, will do.
So I might be coming across as seeming to not really know what I'm doing, it's cos I don't, but dead keen to make this work and make that transition from backyarder to professional. Appreciating everyone's input so far.