Michael Chase

Do you know the “Toddler’s Rule of Ownership and Sharing”?

If I like it, it’s mine.
If it’s in my hand, it’s mine.
If I can take it from you, it’s mine.
If I had it a little while ago, it’s mine.
If it’s mine, it must never appear to be yours in any way.
If I’m doing or building something, all the pieces are mine.
If it looks just like mine, it is mine.
If I saw it first, it’s mine.
If you are playing with something and you put it down, it automatically becomes mine.
If it’s broken, it’s yours.
If it’s broken, but you are having fun playing with the pieces, it’s mine again.
If there is ANY doubt, it’s mine.

From childhood it seems that we have a predisposition to possess rather than share.

There are times where we choose between renting and owning. Some of the factors are financial, some are practical, and some deal with flexibility and freedom.

Suppose I need to put in a new backyard fence. To me it makes sense to rent a post-hole auger, for a number of reasons:

•  Expense, I don’t want to spend hundreds of dollars for a tool I’m only going to use rarely, at best.

•  Storage, I don’t have room to keep everything I could buy.

•  Physically, there are cheaper tools I could use… but, the time, effort and blisters are an added cost I don’t want.

I ran into an individual last night who is planning an event at work. The company is hosting a large number of people for a party and a dinner. They have plenty of room, but not enough tables and chairs.  They’re thinking about buying enough tables and chairs to have the event and just keep them. I told him there is another option, renting. He hadn’t even considered rentals. And what about all the other items they are going to need?

Perhaps the question on your mind now is — how do you figure out whether to rent or to buy? And what kind of things are we talking about exactly?

Quite a few people who have planned a wedding, a large event, or a big party, have found that rentals can be a huge asset.

Let’s just assume you’re planning a wedding. And you’ve come to the conclusion that you need to rent something for your wedding. Most weddings/receptions involve at least the following: tables, tablecloths (often called linens), napkins, chairs, plates, silverware, and glasses. Other fairly common items might include patio heaters, buffet tables, cocktail tables, centerpieces, runners, food and beverage service, portable bars, audio/visual equipment, and lighting. The list does go on.

Could you buy all these things? Sure. And some people do. They spend countless hours searching for the best prices, and for enough of the same item. But then you have to store them until the big day. Who’s going to wash them or iron them first? Who’s going to deliver them and set them up? And after it’s all over… who is going to pick them up? Wash them? Iron them? And now, what are you going to do with all of this stuff?

Here is how a recent bride put it: “I was determined to use the tables that my venue already had, because they were there, and the fact that the venue already had tables was one of the pluses for choosing it. But the tables were an odd size, and the trouble and cost I went through to find linens, which still didn’t fit properly and looked messy on the wedding day, was so not worth the few dollars saved on renting tables.”

By the way, cost isn’t always counted in dollars and cents, more often it is counted in headaches, stress and problems. That’s why Grand Events & Party Rentals exists… to be your event problem solver.

My Precious!