The party rental industry is ever-growing because people and companies still find cause to celebrate, no matter how the economy is faring. For this reason, many entrepreneurs see a lucrative opportunity in the party rental business. However, party rental involves more than just making tables, chairs, and tents available for rent. If you`re serious about the growth of your party rental business, and need help calculating your investments and profits, then rental software is a necessity for your business.Regardless of what sort of software you choose to use, buying something specific for the rental industry will maximize your productivity and therefore your profitability. Gone are the days of needing files of different spreadsheets and documents. With integrated party software, you can manage an entire event with one program and convert the necessary documents into Excel spreadsheets or QuickBooks financial reports. The reservations system, ticketing information, delivery and pickup schedule, and all pricing information is included with software.The productivity of staff will increase once all employees understand and use the software. Staff can see and monitor inventory, fax or email contract changes, organize warehouse and truck loads, and keep the reservations system up-to-date. The software will also provide a continuous count of inventory and update in real time so that you know exactly the number of items available for events. While your software should help you avoid overbooking events, spring and summer tend to be peak seasons for parties. In order to avoid losing business, and possibly disappointing repeat customers, sub-renting through another company may be an option. Your rental software could help you with that and prevent the loss of business via organizing the sub-renting information so that all staff can competently reserve parties without the risk of being without inventory.Software could also allow you to input cancellation dates for the sub-rental solution and prompt you to check for event cancellations. Should an event be cancelled or rescheduled, you could return the sub-rented inventory and avoid losing money. The reports designed by the program will allow you to see which areas of the business need expanding so that you can personally meet the needs of clients during the next peak party season.