Car rental is becoming an increasingly popular business in the domestic market. With proper organization of car rental, you can get a stable profit. At the start, you need to draw up a business plan and take into account the risks associated with rental
It is more advisable to purchase foreign cars, since the cost of their rental is much higher than that of domestic cars. However, it is necessary to choose cars for which spare parts can be purchased without problems.
đź“Ś Advice
To get more profit, you need to car for rent Lahore more cars and strive to maximize the full load of the fleet. In a business plan, it is important to calculate the cost of purchasing machines and the payback period for invest
Car owners who, for some reason, are temporarily left without personal transport. For example, the car is being repaired, and taxis or public transport are not suitable. Or the person has already sold his old car, but has not yet chosen a new one.
There are car enthusiasts who like to travel or go out into nature on weekends, but they do not have their own car or for some reason they do not want to use a personal car. About a third of rental customers fall into this category.
Those who want to show themselves in a favorable light with the help of a car. As a rule, they resort to rental if there is a meeting of important guests in executive cars and other similar events. Expensive cars are also rented on the occasion of important personal events: weddings, birthdays.
People renting cars for a long time. Those who drive a car around a foreign city during a business trip, or taxi drivers who, as individual entrepreneurs, work for themselves.
Car selection
As already noted, it is more profitable to work with foreign cars, since a greater “return” is felt already at the start. The cost of renting these cars and the demand for them are noticeably higher. Thanks to the quality of assembly, foreign cars are less likely to need repairs and sit idle less, which directly affects the income from renting them out.
The maximum profit will be brought by serviceable and relatively new foreign cars, since in the event of frequent malfunctions, maintenance and repair costs will also be high.
When drawing up a business plan, be sure to take into account the categories of cars that will be rented.
The following classes of cars are in demand:
· Middle class
· Business Class
· Representative
· limousines
Middle class. Most of the rental range consists of practical vehicles. The middle class includes Renault Logan and other cars in the category. These are “workhorses”, characterized by economical gas mileage and relatively inexpensive maintenance. The rental price varies between 1000 rubles per day.
Business Class. Business class car rental Lahore costs much more. The cost is such cars are considered as comfortable and safe as possible. This includes. for example, Audi A6, BMW 5, Mercedes E Class.
Limousines and other luxury cars. A separate category is allocated to the executive segment, in which rental payments are made by the hour. On average, the cost of one hour is 2,500 rubles.
Limousines are popular and in demand, but they are rarely rented for long periods of time. Most often, car rental lasts several hours. Since it is used on special occasions, driver services are often added to the rental, which are paid separately.
Hourly rental rates are also typical for cars such as BMW 7, Mercedes S-Class, Audi A8, Lexus LS. Like limousines, these cars are often rented on the occasion of celebrations: weddings, anniversaries, birthdays.
đź“Ś Council
Park should include cars of different categories, but the quantity in each should be calculated based on consumer demand. Thus, in the metropolis, cars of each class will be equally in demand. In a small city, the middle class is more popular, so there should be more such cars in the fleet.
Business registration
It is impossible to open a business and run it legally without state registration. It is necessary to obtain the status of an individual entrepreneur or open a legal entity. The choice of ownership form depends on a number of parameters:
the number of founders of the business - there is only one individual entrepreneur, there may be more participants in the LLC;
the presence or absence of branches - individual entrepreneurs cannot open them;
You can submit documents for registration with the Federal Tax Service in different ways - in person and through intermediaries, offline or online. When submitting electronic documents, you will not have to pay a state fee.
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Accounting
The cost of renting an office depends on many factors, the main ones being area and location. The location is chosen taking into account its transport accessibility. As for the area, it should be enough to comfortably accommodate employees and receive visitors.
In some time, the nature of the services influences the choice of office space. If you are going to rent out business and executive class cars, it is advisable to rent an office in a business center or an expensive hotel.
