I am in the process of starting a car rental business please provide ant tips that could help?
i am starting a rental car business in a country were the competetion is not that strong so please give any tips that would lead me to be the market leader in the future. any information would be apreciated.
Biggest tip: Try to find out if there’s really a need for this service. I can’t imagine that one of the big companies would ignore a market where there’s really a demand..
I suggest you start researching costs of vehicles, maintenance (at least in the US, driver’s are harder on rental cars than they would be on their own), and insurance. You should also find an attorney who would help you draft a standard rental contract, and lay down your company’s policies. I could go on and on – there’s so much involved. .
You could also read books, articles and case studies on how the big guys like Enterprise & Hertz got to be where they are, but of coarse, their success is based on choices they made to satisfy North American customers for the most part. If your market conditions are different, then these strategies may not work.
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