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<blockquote data-quote="Ivan Beaver" data-source="post: 76172" data-attributes="member: 30">Re: How do I determine how much to charge for permanent venue hire?Now you are talking about something completely different-than just a straight rental.If you want to get an idea of how other businesses do it-just look at your local &quot;rent to own&quot; furniture/electronics stores.Get a price from them on a couple of pieces of gear-then compare that to what it would cost to just buy the equipment.&nbsp; Then do some simple math.&nbsp; It&#039;s not hard.What I keep seeing as a &quot;theme&quot; here is-&quot; I have no idea what the equipment is worth-what I can normally get as return for it-what it would cost me to maintain the equipment&quot; etc.&nbsp; Yet you want a &quot;guess&quot; at what you could get from it.I will ask again-What is the VALUE of the gear to YOU.&nbsp; NOT somebody else-but YOU.If you are trying to do this as a business- you HAVE to look at the business side of it.&nbsp; If you are looking at it from a &quot;well I could get some extra money from this gear I have as a hobby&quot; type of thing-then that is completely different.HOWEVER the business you are renting it to is going to look at it as a BUSINESS-and will expect you to treat it as a business-not a casual hobby.Having your gear there is part of them making money.&nbsp; In the event of a failure (let&#039;s say at 10pm on a Friday night), the failure could cost them a lot of business-probably more than the rental fee.&nbsp; How is that going to be handled?&nbsp; Who is responsible?&nbsp; How are you going to &quot;make good&quot; if that happens?Just some things to think about.What may be casual to you-quickly turns serious if there is a problem.</blockquote>

[QUOTE="Ivan Beaver, post: 76172, member: 30"] Re: How do I determine how much to charge for permanent venue hire? Now you are talking about something completely different-than just a straight rental. If you want to get an idea of how other businesses do it-just look at your local "rent to own" furniture/electronics stores. Get a price from them on a couple of pieces of gear-then compare that to what it would cost to just buy the equipment. Then do some simple math. It's not hard. What I keep seeing as a "theme" here is-" I have no idea what the equipment is worth-what I can normally get as return for it-what it would cost me to maintain the equipment" etc. Yet you want a "guess" at what you could get from it. I will ask again-What is the VALUE of the gear to YOU. NOT somebody else-but YOU. If you are trying to do this as a business- you HAVE to look at the business side of it. If you are looking at it from a "well I could get some extra money from this gear I have as a hobby" type of thing-then that is completely different. HOWEVER the business you are renting it to is going to look at it as a BUSINESS-and will expect you to treat it as a business-not a casual hobby. Having your gear there is part of them making money. In the event of a failure (let's say at 10pm on a Friday night), the failure could cost them a lot of business-probably more than the rental fee. How is that going to be handled? Who is responsible? How are you going to "make good" if that happens? Just some things to think about. What may be casual to you-quickly turns serious if there is a problem. [/QUOTE]

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