Duncan Moore goes to investigate the best time to invest in a marquee for a venue.
Marquees for any venue
For venues that need to offer covered spaces, marquees are a great choice. Marquees, known also as soft tops or pole tents, and referred as temporary demountable structures (TDS) in the marquee industry, can be erected and taken down quickly. With its modular nature, size is very variable to fit any occasion, too.
The decision to use a marquee for host functions also proves as cost effective in comparison to having a permanent structure. However, at what certain point will it make sense to buy a marquee than continue using services of a hire business, such as a Marquee Hire in Sydney?
A financial decision
This decision is mainly a financial one. So, which option offers the best value? When a marquee is needed only once or twice in a year, then hiring is the best decision. The fees for hiring a marquee for only several events are going to be relatively lesser than costs of purchasing outright.
According to Daniel Hill, who is the founder of catering and event management firm Dine that has a portfolio of private events, as well as marquee sites all over the United Kingdom, for smaller events having six events each year, he recommended collaborating with any local marquee company, since this is more cost effective, and they can offer expert knowledge in terms of what may be done in a land.
However, he said that when a marquee is needed regularly for a similar venue, then it is better to do a purchase. Gill said that for longer term business plans, purchasing a marquee can become more beneficial. For him, the utmost thing to consider is having a planning permission and not buying without this. However, he added, that when a marquee is purchased, it allows lower hire fees to be charged to a client in comparison to a price they are going to pay on hiring one independently.
He advised to research when either renting or buying, since there are many things to consider for these marquee events, such as how a structure is going to be placed while taking advantage of a location, and where the services are going to go, which includes parking, water and waste drainage and more.