How To Start Your Own Rental Business

Table of contents:

How To Start Your Own Rental Business
How To Start Your Own Rental Business

Video: How To Start Your Own Rental Business

Video: How To Start Your Own Rental Business
Video: How To Start a Rental Car Business 2021 (Turo & Store Front) 2024, April
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A small part of the population has the opportunity to purchase expensive things not on credit. That is why the business associated with the rental of certain categories of goods will be in demand both in small towns and in megacities.

How to start your own rental business
How to start your own rental business

It is necessary

  • - start-up capital;
  • - premises;
  • - the Internet;
  • - documentation base.

Instructions

Step 1

Find a room for your rental center. Try to find a place with the possibility of organizing a small warehouse. Provide a small hall for receiving visitors. The convenience of the location of your service depends only on your budget and rental options.

Step 2

Select the type of product you can rent. As a rule, household appliances, vehicles, large garden tools, sports equipment, and festive clothing are in the greatest demand. You can concentrate on one of the directions, meeting the needs of the target audience as much as possible. For example, having organized a bicycle rental office, you can lend models of varying complexity and size, provide instructor lessons, related accessories.

Step 3

Purchase rental products. It is advisable to select used items in good condition. Try to find them through free classifieds newspapers or using popular internet resources such as avito.ru, slando.ru. Today, there are often cases when people get rid of things in excellent condition just because they bought themselves more modern and fashionable ones.

Step 4

Try to choose products with basic characteristics, easy to use. For example, when buying a washing machine, choose one that does not have a touchscreen display or a large number of functions. Such things fail faster and may be incomprehensible to most ordinary people.

Step 5

Think over your pricing policy. When forming the cost of your services, you should rely, first of all, on prices at similar rental points. In addition, you need to carefully calculate the depreciation costs and include in the cost the risk of possible damage to the goods.

Step 6

Create a documentation base that will ensure the proper functioning of your service. First, you need a rental agreement. Try to stipulate in it all the conditions for the provision of goods, its return and payment of potential damage. Secondly, make the forms of acts of acceptance and transfer of goods, assessment of its technical condition.

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