Free calculator for event rental owners
Can you afford to hire a new crew lead?
A crew lead lets you run more events on a peak weekend. The pay starts before the season, and the extra events bring cash weeks later.
Lowest cash, next 12 months
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Cost before they pay off
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wages paid before new revenue starts
Paid back by
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month the hire covers its own cost
| Month | Without the hire | With the hire |
|---|
The starting numbers are an example for an event rental company. Replace them with yours.
The worked example
Here a new crew lead costs $4,200 a month and starts bringing in $6,500 a month after 2 months. The business pays $8,400 before the hire covers a dollar of it.
How to make the hire safer in an event rental company
- Hire for peak weekends you have already booked.
- Use seasonal labor for setup and teardown.
- Start the hire a few weeks before the season so they are trained in time.
See every hire in your forecast
One Page CFO adds the hire to your 13-week forecast and shows the tightest week before you commit.