Musical Equipment Rentals Business Plan

Executive Summary

PATILAD Musical, Multimedia, and Events Equipment Rentals bring to Lagos a new breath of air in the multimedia and general events equipment rental market. PATILAD Musical, Multimedia, and Events Equipment Rentals Company offers a range of these listed services; sound equipment rentals, multimedia equipment rentals, multimedia consultancy, audio equipment rentals, multimedia consultancy, audio equipment rentals, multimedia projector hire, stage management, light equipment rentals, event equipment rentals, stage construction, multimedia device installation, event planning management, sound system rental, sound and visual management with a seamless online and offline execution.

PATILAD is an equal opportunity business making its expertise and its products available to help its customers organize a successful event. We render renting services for all multimedia equipment like musical, video, DJ equipment, metallic stage, truss for speakers and lightning, event chairs and table, also featuring DJ services and a live band Through these and other affordable products and services, PATILAD aims to be the number one resource for any event.

PATILAD also specializes in corporate customers. We offer a variety of services, for the corporate world e.g retreat training services, Gala night, Award Night, Company Hangouts as well as product launch event planning. We can take care of providing all the necessary equipment to organize a world-class event, be it small, medium, or large scale events as well as actually hosting through the use of one or more of PATILAD’s strategic business partners.

The market for event equipment rental is steady and profitable. Patilad intends to profit nicely from our many event vendors, no matter the economic downturns, most people still need someone for all or any of their events because it’s safer, it’s cheaper and better. In short, the need for event planning/hosting services rarely diminishes, it is a steadily increasing demand that PATILAD will capitalize on.

We projected the growth rate to be over 100% through year three and will have profits as a function of sales over 11% by year three. By the beginning of the second year, PATILAD will have 25 employees.

Table of Content

Executive Summary                                                           

Introduction                                                                        

Business Description                                                         

Products and services                                                           

Competitive Advantage                                                        

Market Research                                                                 

Competitor Analysis                                                            

Sales and Marketing Plan                                                   

Operational Plan                                                                 

Business Risk                                                                     

Management and Structure                                                

Financial Plan and Projections