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.

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.

Functional layout of rental companies

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.