Car Rental Business Plan Sample

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There aren't any precise requirements, but having a business plan, a fleet of cars, and proper funding helps.Together, they cited information from 18 How's Content Management Team carefully monitors the work from our editorial staff to ensure that each article meets our high How marks an article as reader-approved once it receives enough positive feedback.Kalanzi adds that offering unlimited mileage entices customers as will free chauffeur services.Besides, you must be willing to work on a flexible schedule, for example, during weekends, holidays and sometimes at night, he says.Licensing According to the Transport Licensing Board, rental cars must have a tourist agent’s licence for a year.Payment depends on the type of vehicle and its seating capacity.She says during the set-up phase of your rental business, decide on the type of car that is most demanded to give you quick returns.“If you are starting small, two or three cars are enough.If you are going large-scale, you will need a fleet.Occasionally, the Government hires cars from individuals to transport guests during big conferences. It could be for a party, business trip, an outing, a funeral or just for fun.The car rental options Richard Kalanzi, a director at NM Safaris, says there are four rental options: chauffeur-driven, self-drive, unlimited mileage and one-way rental, which is the commonest.


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