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How do I determine how much to charge for permanent venue hire?
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<blockquote data-quote="Ivan Beaver" data-source="post: 76154" data-attributes="member: 30"><p>Re: How do I determine how much to charge for permanent venue hire?</p><p></p><p></p><p>I am sure it varies. For example for company A-the gear may be extra stuff just sitting around that is already written off-so they can let it go out pretty cheap-it is just extra money for them.</p><p></p><p>For company B, the gear may be part of the regular rental inventory-so while it may be making steady money on the install-how much could it be making if it was rented out?</p><p></p><p>For company C they may be looking to get into a new market and would like to use the venue as a reference may rent it for a loss-hoping to get business from other such places.</p><p></p><p>I highly doubt you will find a "standard" for pricing. At least a "formula" anyway.</p><p></p><p>Just like renting for a regular gig-different companies have different ways they go about it-and it varies with the gig.</p></blockquote><p></p>
[QUOTE="Ivan Beaver, post: 76154, member: 30"] Re: How do I determine how much to charge for permanent venue hire? I am sure it varies. For example for company A-the gear may be extra stuff just sitting around that is already written off-so they can let it go out pretty cheap-it is just extra money for them. For company B, the gear may be part of the regular rental inventory-so while it may be making steady money on the install-how much could it be making if it was rented out? For company C they may be looking to get into a new market and would like to use the venue as a reference may rent it for a loss-hoping to get business from other such places. I highly doubt you will find a "standard" for pricing. At least a "formula" anyway. Just like renting for a regular gig-different companies have different ways they go about it-and it varies with the gig. [/QUOTE]
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How do I determine how much to charge for permanent venue hire?
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