Business

Deciding on the right price for your rental equipment can be tricky, but not impossible! Rental pricing strategy is all about maintaining the right balance between your revenue and the cost of equipment.  Rental business owners, like you, commonly face challenges setting the right price as they navigate the rental landscape, trying to price their […]

A contractor places an order for an excavator, scheduled for delivery on Monday. Your team confirms the rental, but the machine is still out on a previous job, and no one has marked it as unavailable or returned. Monday comes, and there is no equipment and no backup plan. The contractor is furious because their

Alex wakes up every morning at 8 am sharp. She rushes through breakfast, takes the fastest route to work, and arrives exactly at 8:59, only to hear, “You are late.” While her heart and head engage in the same battle every day, she manages to “display” a grim smile. The brain won again while the

As internet connectivity becomes more prevalent worldwide, businesses are becoming increasingly digitized. Online shopping is growing rapidly, with 23% of retail purchases expected to occur online by 2027. Rental businesses are also following the same trend in various sectors, such as car rentals. 78% of car rental bookings are expected to be conducted online by

Construction is a big business. But, it is also one of the most loss-prone endeavors you could embark on.  According to a KPMG construction survey, only 31% of construction projects came in within 10% of budget in the past 3 years.  As such, it is clear that most construction projects need to improve productivity, efficiency,

Quality and consistent heavy equipment rental operations depend not only on operational workflows but also on accurate documentation. Your legal documentation needs to be spot on! It determines the relationship between you and your customer, shaping future interactions and repeat rentals.  An equipment rental agreement is the backbone of your legal operations; it provides you

Consumers are increasingly becoming aware that there’s no reason to buy an item you will only wear once when you can rent it.  This makes a costume rental business an ideal niche to invest in.  Not only is this the kind of business that’s fun to run, but it also requires a relatively small investment.