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When starting a car rental agency you can decide to start a franchise or start your car rental agency from scratch. There can be advantages and disadvantages to both. The franchise can offer you a valuable business strategy and brand awareness which can increase your chances of success however there are also limitations on what changes you can make. However before starting a car rental agency conduct market research to help you uncover whether there is enough demand for this business in your area. When starting a car rental agency your job duties involve managing your fleet, maintaining them in good condition and making sure they are returned to you safely. You will need to make sure they are rented out to each customer in a safe, clean and good operating condition in order to keep a good reputation.
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The Car Rental Agency Inc. As mentioned above, the Car Rental Agency will be actively engaged in the rental of economy class, standard, and luxury vehicles for tourists and vacationers within its targeted market. The business will also recognize revenues from the sale of insurance services and gasoline charges to customers. At the onset of operations, the Company intends to have a leased fleet of 30 vehicles. The third section of the business plan will further describe the services offered by the Car Rental Agency.