With online buyers expected to shoot up to 1.92 billion in 2019, businesses still behind on the e-commerce front are simply letting massive revenue pass them by.
Modern equipment rental businesses feature online stores that offer convenient rentals anywhere and at any time. While setting up a Webstore can often seem like a lot of development effort, configure the EZRentOut Webstore in minutes!
If, instead,you’re using a third-party online store for your rentals and managing orders with EZRentOut at the backend, here’s a convenient way to bring the two together.
The equipment rental industry is proliferating exponentially in today’s age. This outstanding growth can be attributed to urbanization projects and increased government spending on infrastructure development.
Running a party rental business sounds all fun and games, well because it has to do with managing fun events and games. This is primarily why there has been a shift towards people venturing into the event and party rental businesses.
Bookkeeping can turn into a nightmare very quickly when you’re running a rental business. Unlike retail, rentals span a series of processes that involve booking, renting out, and returning items. For this reason, gaining insight into company cash flow becomes complicated, making it hard to measure the revenue at hand and business profitability.
Many small to midsize rental businesses keep a limited rental fleet, just enough to satisfy their current order requirements. Often times, Customers may order in bulk and rental businesses may fall short of a certain piece of equipment.
To satisfy such orders, rental businesses usually resort to borrowing (or sub-renting) the short equipment from partner vendors to rent out to their Customers. Sub-renting is an important aspect of rental businesses as it helps them rent/sell ad-hoc items and fulfill impromptu customer requests.
EZRentOut helps you manage such ad-hoc items through its Sub Renting feature. This is useful for items that you don’t want to add in your system and track.
Rental businesses face a myriad of challenges today. They not only have to contend with the cut-throat competition but also have to deal with a variety of customers. Many of these do not take ownership of the rental items and use them carelessly. This often damages your rental fleet and raises your inventory maintenance costs.
Developing and re-evaluating strategies is extremely critical for rental businesses today. Tight competition is creeping up in every industry so maximize the profitability of your business by periodically re-evaluating your gameplan. Know what’s bringing you the big bucks and what’s only setting you back.
We aim to give you the best Point of Sale for your rental business with EZRentOut. For this reason, EZRentOut Users can easily integrate their Moneris account with their EZRentOut account. They can advertise rental Items online on our customizable Webstore and manage payments by charging Customer via credit cards.
In order to quickly process online payments through credit card, EZRentOut integrates with Moneris (Beta), Payflow, Stripe, and Authorize.net.
This blog will detail how you can charge payments in EZRentOut using Moneris.
Whether they rent out furniture, party supplies or vehicles, rental businesses need to stay on top of their bookings for swift customer delivery. While managing several different orders simultaneously sounds overwhelming, do it effortlessly with rental scheduling software.
The team behind EZRentOut has been busy this month. We have upgraded our Asset Stock and Inventory Modules, introduced Consolidated Invoicing, enhanced Webstore, added Topaz Integration, and improved the functionality of Bundles.