Car Rental Business Plan Business Plan Articles If you are starting a car rental business, it is likely that you will require a business plan at some point.
Car sharing services Sales Forecast One thing is certain; there would always be corporate organization and individual clients who would need the services of car rental services company.
We have been able to critically examine the car rental services market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
The sales projection is based on information gathered on the field and some assumptions that are peculiar to similar startups in Fort Lauderdale — Florida. Please note that the above projection might be lower and at the same time it might be higher. Be that as it may, we have put plans in place to offer discount services once in a while and also to reward our loyal customers especially when they refer clients to us.
The prices of our services will be same as what is obtainable in the open market. Here are the payment options that we will make available to our clients; Payment by via bank transfer Payment via POS machine Payment via online bank transfer Payment via check Payment via mobile money Payment with cash In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.
Our bank account numbers will be made available on our website and promotional materials so that it will be easier for clients to make payments when necessary.
Good enough, there is no hard and fast rule on how to advertise or promote a car rental services business. The challenge is that most car rental services companies are not as proactive as we intend to be when it comes to effective publicity and advertising.
We will ensure that we leverage on all conventional and non — conventional publicity and advertising technique to promote our car rental services business. Start — Up Expenditure Budget We have been able to pull cash that will be enough for us to successfully launch a standard car rental services company with fleets of comfortable and reliable cars.
We will leverage on leasing opportunity as against outright purchase of cars meant for rental services. So also in the bid to cut cost, we will contract the servicing and maintenance of all our cars.
The cost of Launching an official website: They are the sole financial of the business which is why they decided to restrict the sourcing of the start — up capital for the business to just three major sources.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings and sale of his stocks Generate part of the start — up capital from friends and other extended family members Generate a larger chunk of the startup capital from the bank loan facility.
All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. Car Rental Business Plan — Sustainability and Expansion Strategy It is an established fact that, the future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure.
We know that one of the ways of gaining approval and winning customers over is to offer our car rental services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of five years or more as determined by the board of the organization.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts: Completed Opening Online Payment Platforms: In Progress Application for business license and permit: Completed Purchase of Insurance for the Business:University Mopeds mopeds rental business plan company summary.
University Mopeds will rent mopeds to university students, and anyone else who has a need for efficient, around-town transportation/5(12). Apr 11, · We ensure the rental car business plan is complete. Sample, template are available.
Since , OGScapital has been producing top-quality business 5/5(2). Free Car Rental Agency Business Plan For Raising Capital from Investors, Banks, or Grant Companies! Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below.
McElroy® Car Rental Services, Inc. will offer care rental services such as leisure car rental, business car rental, car leasing, and car sharing services et al.
We are set to service a wide range of clientele base in the locations where we choose to operate. Car Rental Business Plan. There are many things to consider if you are starting a car rental company that investors will consider before funding your company.
For instance, the precise location of the rental stores can play a large role into your success. CAR RENTAL COMPANY BUSINESS PLAN SAMPLE PDF / DOC. When looking to start a basic or luxury car rental service business, the importance of niche cannot be benjaminpohle.com will agree with me that before you can choose a niche when starting a car rental service business, you will need to know the available niches in this industry.