Pros and Cons of Owning a Flower Rental Business

17 October 2018

There is no doubt that the flower rental business is rich in opportunity. For many who dream about growing their own business, becoming a silk flower distributor gives you the chance to work in your own space, setting your own hours, being your own boss, and growing your own network of clients.

Before you make the leap, it is always useful to go into your new venture as informed as possible. In this short guide, we take a look at some of the pros and cons of owning a flower rental business.

Everything You Need to Know About Starting a Flower Rental Business

If you are considering starting a flower rental business, you may be wondering what to expect. Understanding the challenges and advantages offered by this exciting path will make it easier to get started, armed with all the information you need. Keep reading to find out more about this venture.

The challenges…

The biggest challenges to starting out in this industry as much the same as starting any new venture. Running your own business is the most rewarding thing imaginable but with the freedom of being your own boss comes the responsibility of growing your results. If you do not have sales experience, you struggle to deal with people on a regular basis, you do not enjoy any type of marketing and you prefer working for a company rather than acting as an independent agent or distributor, this venture may be very difficult.

Another challenge to keep in mind is that you will often require a certain amount of capital in order to get started and ensure that you have sufficient stock to supply your clients. In addition to that capital, you will also need to be based in an area that is relatively close to an urban centre, so that you are able to stock offices and corporate venues with regularly rotated silk floral arrangements without having to travel too far each day.

The benefits…

For most people who are passionate about growing a business that allows plenty of freedom along with full support, this business offers many exciting opportunities. The benefits far outweigh the challenges, with a chance to set your own work hours, work in a growing industry, specialising in high-quality products, and enjoying a supportive network that helps you thrive.

Unlike the fresh flower industry, which relies on many factors, from the temperature of your storage facilities, transport, and shop, the silk flower industry specialises in exquisitely designed arrangements that are realistic, expertly made, and able to be stored in any climate. These arrangements are rented on a cycle basis, replaced every few days, weeks or months, depending on client requirements. Today’s artificial blooms are made to provide all of the benefits of fresh flowers, with the added benefit of no pollen, no mess, no wilting or fading, and no watering. These arrangements brighten up offices and other venues, helping to lift employee spirits, improve corporate image, and welcome clients.

To ensure that your new business grows from strength to strength, it is essential to find a silk flower specialist that offers a comprehensive plan and a wide product range for distributors. SilkSense gives you all of the support and resources you need to grow your flower rental business and reap the many rewards offered by this highly lucrative industry!