How do I go about starting and running a car rental business?

First, Do market research
This is crucial for any business. Research about the following things:
  1. Your neighborhood on how open and adaptable in accepting car rental business
  2. A number of car owners and taxi drivers ready to rent their automobiles.
  3. Parking space
  4. Insurance policies
  5. Local rules and taxes
After doing research by a mile, you would have slightly figured the business model of your car rental.
Second, Create a website to book your automobiles
As nowadays everything is booked online, having a website or an app is a must. There are many software available in the market who can customize the features to your needs. I know, RentALL script, an Airbnb clone script which is apt for any rental business. Pop into their website and view their demo to get an idea on what they do.
Third, building your supplies (Increase the inventory of Car owners who are willing to rent out their car)
This is tough to accomplish because it takes time and people to trust and accept your business. Having a clear business strategy to lure them in, would help to increase your inventory business.
Fourth, Marketing your platform and business
People need to be aware of the services you are offering. In order to do that, advertising plays a key role in creating awareness. Create fun and compelling advertisements to get the town people talking about it.
Now this answer ends reading by 2 minutes. But it takes more than 2 months to fully execute this process. So have patience and grit to establish your motive.

This is written on quora.

Comments

  1. Great Info!!! Thanks for sharing information with us. If someone wants to know about personal car rental app I think this is the right place for you.

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