Rental hire firms are rapidly growing in number. These rent out equipment or services to individuals or businesses for a specific period, ranging from a few hours to a couple of months. Many of these even sublet assets from other equipment rental agencies to rent out to their own customers on a contractual basis.
Online book rentals are gaining surging popularity among university and college students. In fact, many educational institutes have their own book rental departments to rent out textbooks to students at economical rates for an academic term.
The US dumpster rental industry has recently seen tremendous growth, with the market size growing at an average of 2.4% from 2014 to 2019. This growth brings with it many opportunities for all dumpster rental companies. However, these are also accompanied by many challenges.
Advertising your business is crucial if you want to get more sales. Bike rental businesses are no different. Despite having a huge demand for bike rentals, most rental companies struggle in getting more revenue. This can be attributed to poor advertising strategies that are often unable to reach the right target customers.
Whichever industry they operate in, businesses are always on the lookout for that sweet competitive edge. This is especially true for rental businesses since they contend with excessive competition.
Leading rental companies are always ensuring that they’re current with the latest technological trends to stay in the game. Cloud based rental software is one such tool that helps rental businesses optimize their workflows and offer the best rental experience to their customers.
Running a party rental business has become a popular venture in recent years. This doesn’t come as a surprise as planning events is an extensive process which is full of why people like to hire third-party planners. It generally has to do with renting out party equipment such as lighting, AV, staging and seating equipment, and silverware and flatware.
With increasing competition and a need for better mobility of rental goods, rental businesses face many challenges today. Businesses rent out their equipment to all sorts of customers, each of whom use it differently. Since customers don’t shoulder the burden of ownership for a rental item, they don’t have to concern themselves with its maintenance.
Integrating QuickBooks with a cloud based rental software neatly trims the accounting landscape of your business. It doesn’t matter if you rent out furniture, party supplies or heavy construction equipment, QuickBooks rental software reconciles your bookkeeping data in seconds!
It comes in both desktop and online versions that are compatible with most of the rental software out there.