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7 Crucial Steps to Start Your Valet Parking Business: Valet Parking Equipment & Key Considerations

Close up of woman receiving car key from car salesperson of a new car she has bought.

This entry was posted on May 10, 2016 by Jarad Elderd.

Receiving car key of a new car.

Starting a valet parking business is an excellent opportunity to expand your career. As with any business, you need to follow a series of steps to make it successful. According to Ed Ryder of Real Valet Control, these steps include the following.

Buy Professional Valet Parking Equipment.

A disorganized valet parking stand increases risk of errors in returning cars to customers. Meanwhile, valet key cabinets that do not lock increase the likelihood of theft. Valet parking equipment should reflect the values of the clients you wish to attract. Your stand should be easy to identify, and your key cabinet must lock. This will build trust among your staff and customers as well.

Identify Potential Venues for Valet Parking Services.

Look for high-class venues that will offer valet services. Prove your experience as a valet attendant, and be willing to negotiate contract terms.

Create a Compensation Model That Benefits Valet Attendants and Customers.

Many valet services use a tip-based compensation model. Moreover, some customers may forget to tip drivers. Set a standard wage, and make sure the charge includes tips. This speeds up the process when retrieving vehicles and makes customers feel empowered.

Work With a Professional for Marketing and Branding.

Your marketing efforts should capture customers’ attention, and your brand needs to be recognizable. Although you may understand your goals in customer service, hire a professional marketer.

Set Aside Funds for Insurance.

Insurance will be one of your biggest expenses. Keep between $5,000 and $25,000 in cash reserves for use in the event an accident occurs.

Be Willing to Work.

If you will offer services around the clock, consider hiring as-needed employees. This will help with call-ins, but you should be ready to work if no one is available to cover an evening or night shift.

Vet All Applicants.

Check each applicant’s credentials, background and experience. Qualified attendants should have a strong work history and positive remarks from previous employers.

Starting your valet parking business sounds fun and simple. In reality, you need to think about these seven points to get headed in the right direction. To discuss your options for valet parking equipment, call Valet Box at (888) 419-1761. You may also request an online quote at your convenience.

Four Major Factors When Choosing Your Valet Parking Equipment

Valet Parking sign above entrance to garage at night, with copy space at top

This entry was posted on April 19, 2016 by Jarad Elderd.

Valet Parking sign above entrance to garage at night, with copy space at top

Your valet parking equipment is the backbone of your business. A valet company relies upon its equipment for customer service, efficiency, security, and reliability. The wrong equipment will lead to poor service, while the right equipment will enable your staff members to offer only the best experience to your clientele. When looking for new equipment or upgrades, consider these four major factors first.

Ease of Use

What defines “ease of use”? Valet equipment should make the entire process of serving the customer as fast and simple as possible. The faster the process is, the happier the customers will be. The simpler the process is, the less likely employees are to make mistakes. In short, ease of use defines the ability of the equipment to meet your company’s needs with the least amount of work possible.

Budget

Obviously, it’s important to find a product that fits within your budget. But that doesn’t mean you can go for the cheapest possible equipment. You need to balance the quality of the item against its cost. Make a list of the minimum requirements and features that you have for equipment and try to find the solution that is most affordable within that range.

Security

When you’re managing dozens of vehicles at a time, you need to make sure that they are kept completely secured. Modern vehicles often have key fobs that allow for electronic unlocking. Convenient for customers, but it can be dangerous, too: if someone steals those keys from your kiosk, they can easily find the car that they belong too. Your valet parking equipment has to allow for the easy and complete physical security of keys and any other related items.

Professionalism

A valet business has very few points of contact with its clientele. The valet parking equipment, and the appearance thereof, will affect the appearance the customer’s first impressions. It’s also incredibly important for a business to live up to the appearances of the valet location; otherwise it will be difficult to expand.

There are many additional factors that can go into valet parking equipment, such as scalability, or advanced technology functions. The better your valet parking equipment is, the better your reputation will be. It will be easier than ever to grow, expand, train new staff members, and procure more locations. For more information about the best in valet equipment, contact Valet Box today.