Deposit For Base Rental.

Business By paolacaracas Updated 10 Oct 2012 , 7:34pm by DeliciousDesserts

paolacaracas Posted 10 Oct 2012 , 6:08pm
post #1 of 7

How do you go about renting the cupcake tower bases and cake plates? What is the best way to make sure you'll get your equipment back?

6 replies
jason_kraft Posted 10 Oct 2012 , 6:12pm
post #2 of 7

We charge the replacement cost of the rental tower and plates (including tax and shipping) as a refundable deposit, plus 1/3 the cost as a rental fee. The deposit is usually incentive enough to return the rentals.

Godot Posted 10 Oct 2012 , 6:12pm
post #3 of 7

The best way to ensure prompt return of items is a huge cash deposit. My deposit is 1½ times the retail value of the item plus overnight shipping of said item (in case customer loses or damages the item).

I also have a detailed sheet they sign, describing usage and Ts & Cs, and a list of parts that need to be returned. They have to return it within five days of loaning/renting.

I deduct for late returns, dirty equipment, and lost or damaged equipment.

paolacaracas Posted 10 Oct 2012 , 6:31pm
post #4 of 7

Do you do this only in cash? do you take credit cards and checks also?

Godot Posted 10 Oct 2012 , 6:37pm
post #5 of 7

For equipment deposits I only take cash. Money talks!

For any other purchases we take cards or cash.

jason_kraft Posted 10 Oct 2012 , 6:42pm
post #6 of 7

We don't take credit cards at all, but the deposit is payable with the rest of the order via cash or check at least 2 weeks before the delivery date.

DeliciousDesserts Posted 10 Oct 2012 , 7:34pm
post #7 of 7

I don't require a deposit for rental. If I was a rental company, I would absolutely require a deposit. I'm not, & I don't.

I charge $30 to rent the stands. That covers my cost of polish & time. I also have all clients sign a contract which states the liability of damaged stands. I've never (knock on wood) had a problem. I have had to call to remind someone the day before it was due, and I did have to request payment for damages. Otherwise, nice & smooth.

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