Car hire business

[Damscooguns73]

Concerning car hire business. Well, there is no business without it own level of risks, it is left to the owner or person in charge of the business to know how to manage the risks. The business is okay and profitable, just ensure that your car is insured and get to know person you are giving your car to house resident, that really helps incase of emergency

 

[solomonmali]

How to start a car rental service you must have vision, mission, and objectives, the car rental business all depends on this 3 key idea,your car rental service should cover all the key aspects of rental service.

 

[Tariq Shehzad]

This business is extremely worthwhile and it requires no pressure. It's actual safe on the off chance that you loan your vehicles to authorized organizations. In my nation there're transport organization who will lease your vehicles( they've particulars on which sort of vehicle) and they'll pay you each month. The installment is fixed.

 

[Thosynho]

My friend wants to start a car hire business, but it has several challenges with it. We've heard of several cases of theft where you give out the car then someone gets away with it. For those who have tried this business, how have you overcome such challenges?

A major problem confronting the business of car hire is theft. Lots of investors have regretted venturing into this business. Although it is a lucrative business if you can take proper documentation including picture capturing of the people who wants to hire the cars.

 

[gbadebo9]

Car hire business is just boom in our society now before u can experienced them at city . But our ppl now embraced the idea bcis it has something good to embrace in that exercise. The only problem we might encountered is expensive nature of the idea. Ppl will move away from it because of the financial that be on the high side.we need to sensitise the people.

 

[Heatman]

My friend wants to start a car hire business, but it has several challenges with it. We've heard of several cases of theft where you give out the car then someone gets away with it. For those who have tried this business, how have you overcome such challenges?

Car hiring business is very good especially if you have fleet of cars that will help you to get more business deals on daily basis. Yes, there are challenges of car theft and damage associated with the business but you can have a contract signed by your clients to bear the cost of any damages. As for theft, have trackers installed in all your cars.

 

[Abisola]

Would it be too much to say that opening a car rental business is a “hire calling?” Well, it certainly can be a profitable one… if it’s done right. There are several factors to consider, not the least being which market segment you’re after, where your premises will be and what kind of additional services you’ll offer. Not to mention if you’re going with a franchise or striking out on your own. Of course, MightyCall has a solution for your telephone needs, as we outline how to launch a car rental business.

A car rental service business is one of the most challenging startups. But if you handle it well, you’ll make a mark

 

[Philip Omotayo]

Yea, it is True you may have the case of theft in this kind of venture
That is one must put car tracker on the car. It helps monitoring the car and the activities its been used for. Also, it is one of the business that need to have proper documentation and security coverage. So that when things go south, one would know what to do.

 

[Defaith]

there is no business business that someone can go into if you actually know what you're doing and you have a good plan for the business it's very good to know what someone is doing my business line car hire business is a good business once you know what you are doing and you know how to plan it well because there are a lot of people out there that want to hear your car and they will run away with it they will not bring her to you to have to be very conscious of what you're doing and we'll make it secure

 

[MarieArie]

A car rental company would demand a big upfront investment from your hand, the amount of income that you will easily get ahold of, will make any financial effort worth it if you run the business by the book. A good corporation wants to raise ample revenue to pay its costs and still have attractive income, and you will quickly find that car rental firms have it simple.

 

[Asad Ali]

Although a car rental company would demand a large initial investment from you, if you run the company by means of the book, the profit level you will receive is worth making any financial effort. A successful company must produce enough money for all costs and still have some attractive income, and soon you can discover that after entering the market, it is easy for car hire companies to achieve this target quickly.

 

[Taiwoayan]

Car hire or transportation business is a good business and very lucrative but one needs to be careful in the people that we are doing it with. firstly I think the car a tracker must be installed in the car and only trusted people should be given the car and should be the one controlling it
Monthly review should be done to check the effectiveness of business

 

[Adeyoola7]

Car hire business is lucrative business to do but challenge we are facing is the way people run away with the car expecially in our Nigeria.
The solution the it is that when hire it to someone you should make sure you know lot about the person where he leaves is family everything about him and let someone stand for him if it happens to run away with the car

 

[Erik4150]

Car hiring business is very good. But you need to understand that this business comes with risk and challenges. Someone could hire a car and get into an accident. It would be a good idea if you got insurance for all the cars.

 

[Blessingedidiong]

Car hiring business is a very good business to venture into but make sure all your cars have trackers that cannot be removed by just anybody except you. Try to insure your cars and collect a reasonable amount of money as advance payment or better still something very valuable as collateral from those hiring your cars .

 

[Tundeoguns1]

Car hiring business is very profitable though it might be capital intensive for a start-up. It can be given out to company or hire purchase but make sure it has insurance Incase of any unforseen incident and make sure you have the location of the person who seems to be the driver home address Incase if need be

 

[Luckboy]

Car hire business is profitable and lucrative business so far in other to overcome those challenge make sure you know everything about who you are going to give your car to if possible let him bring one of the influence people around him to you to stand for him and take down that person identities

 

[Dubai]

My friend wants to start a car hire business, but it has several challenges with it. We've heard of several cases of theft where you give out the car then someone gets away with it. For those who have tried this business, how have you overcome such challenges?

Well, I have not tried the business but if feel there could be a way or two to curb this menace of stealing the car. You should get the full identity of the people you hire the car to. Also get the police involve before hiring it out to your customers, with these, be sure that if theft occurs, then you would be able to apprehend them.

 

[iamgroot]

My friend wants to start a car hire business, but it has several challenges with it. We've heard of several cases of theft where you give out the car then someone gets away with it. For those who have tried this business, how have you overcome such challenges?

Yeah, car hire business is so mush risky. But you can reduce that by some background check on the tenants of your vehicles. You can ask them for documents that you can use once they cheat on you. Other than that, that business is really risky, that's all I can say.

 

[btaliat]

There should be legal backing before embarking on that type of business and also it is even better to be giving it out to some one that's trusted and close. This will solidify the relationship and the business.