With proper planning and work did choose a venue for your event can be one job you can cut off your to-do list easily.

Space is a valuable asset in this day and age and if you have some extra space that you don’t use these can easily be a way for you to earn an extra income. Depending on the size and location there are a lot of options for you to choose from. Here are a few ideas that might interest you.

Rent for events

If you have a sizable space in a convenient area you can easily rent it out as a venue for events. There are a lot of events happening and people are looking for venues all the time. However, you might have to spend some money to make your venue look more attractive and to have a few basic facilities. Some landscaping did outside along with a paint job and some decoration can elevate the value of the space and give you the opportunity to charge more. Having some facilities like a custom made projector screen, a sound system would make your venue more appealing to customers. Keeping the extra facilities aside you might have to invest in the basics such as air conditioning, seating and so on.

Storage

This is a great idea for any kind of extra space no matter how small it is. The location doesn’t play a big role as all that is needed in some space to store things. However, if you plan to rent out your extra space for storage make sure that you are fully aware of the legal side of things and sign the contracts beforehand. Getting advice from a lawyer would be highly recommended. Apart from that pay special attention to the security and safety of the items stored. Before renting out your space check it and see if there are any ways that the items inside might be damaged. Not paying attention to these steps can cause some serious problems in the future.

Showroom

Whether it be a building in the middle of the city or an extra room in your home you can use it as a showroom to store items for sale. If you are planning to sell things for a general consumer then looks matters. However is your selling or renting something that has a very niche market then the way your showroom look won’t be an issue at all. For example, you can buy a few electric projection screens for sale along with some other equipment needed for events and start renting them from your own home. However, this does need some investment as you need items to store in your showroom. This is especially useful if you are already in this line of work and want to make a supplementary income.With a bit of creativity, any extra space available can be a source of income.