• Market prospects
• Description of services
• Production plan
• Choice of OKVED code
• Business risks
• Financial plan

Business plan for opening a car rental company in a tourist city.

How much money is needed to open a car rental company

According to the calculations of the business plan, it will be necessary to invest about 5,900,000 rubles to open a car rental:

The capital for starting a business will be formed from the personal funds of the founders of the organization (40%) and borrowed funds (bank loan). The interest rate on the loan will be 15% per annum, and monthly payments will be 45,500 rubles.

Step-by-step plan for starting a business

Market prospects

Car rental as a business in our country is still under development. Unlike Europe, where cars are rented mainly by tourists, in Russia they usually rent a car for weddings and all kinds of celebrations. At the same time, about 2/3 of the entire rental market falls on St. Petersburg and Moscow. According to some data, in Russia there are no more than 40 thousand cars for rent, while in Europe there are more than 2 million units.

Car rental cannot develop without the development of the country's domestic tourism. Therefore, the most promising regions for opening such a business at the moment are the Krasnodar Territory (Black Sea coast), the Republic of Crimea, the Irkutsk Region (Lake Baikal), the Leningrad Region, the Moscow Region, and the Altai Republic.

Description of services

To provide rental services, it is planned to purchase a fleet of 10 cars, including such models as: Lada granta, Chevrolet lanos, Daewoo nexia, Renault Logan, Chevrolet Lanos (automatic transmission), Lifan solano, LADA Largus, Nissan almera (Automatic transmission), Peugeot 408, Chevrolet cruze... All cars will be CASCO insured.

The rental price will be influenced by such factors as the class of the car, specifications and the type of transmission. The price list of the organization will be as follows:

• Chevrolet Cruze - 2800 rubles per day
• Peugeot 408 - 2800 rubles per day
• Nissan Almera (automatic transmission) - 2800 rubles per day
• LADA Largus - 2200 rubles per day
• Lifan Solano - 1700 rubles per day
• Chevrolet Lanos - 1700 rubles per day
• Renault Logan - 1500 rubles per day
• Daewoo Nexia - 1300 rubles per day
• Chevrolet Lanos - 1300 rubles per day
• Lada Granta -1200 rub. \\ Day

The minimum age of the renter must be 24 years, and the driving experience must be at least 4 years. Such a sharp age restriction is due to the fact that providing cars to persons under 24 years old and with a short driving experience is much more dangerous rolling machines (young people like to drive fast, violate traffic rules, etc.).

To rent a car from the driver, the following documents will be requested: passport, driver's license, TIN, pension insurance certificate, health insurance card. The minimum rental period is 24 hours. The general tariff of the mileage per day is 600 km (everything over and above is paid additionally).

According to preliminary calculations, one car will operate on average 25 days a month in the high season (May - October), and 16 days a month - in the low season (November - April). With an average rental cost of 2000 rubles / day. monthly revenue in the high season will be 500,000 rubles (with 10 cars), in the low season - 320,000 rubles. Thus, the annual revenue of the organization, according to preliminary calculations, will be 4,920,000 rubles.

Download a car rental business plan from our partners with a quality guarantee.

Production plan

The business plan provides for renting an office space of 40 sq. m. and a parking area of \u200b\u200b550 sq. m. Size rent will amount to 25,000 rubles. per month. For office equipment (purchase of furniture, office equipment, minor repairs and so on) will require about 200 thousand rubles.

For car purchase about 4,500,000 rubles will be spent. Another 650,000 rubles will be spent on insurance vehicle, purchase add. equipment and registration with the traffic police. The total investment at this stage will amount to 5,150,000 rubles. The purchased cars will be sold after about three years of operation, as wear and tear in the rental is very fast. The sale of the car at a later date will affect the loss of the value of the vehicle.

What taxation system to choose for a company

The organizational form of the enterprise will be a limited liability company. Status legal entity is most suitable for such a business, as it reduces the risks of property loss, increases trust in the organization and allows you to work more successfully with large corporate clients. The simplified taxation system, 15% of the company's profits, is planned to be used as a taxation system.

For the organization to function successfully, it will require a first-class staff. First of all, the organization needs a mechanic (2 people) who inspects the car before renting; lawyer who solves legal issues and forms rental contracts; operator (2 persons), accepting payment and consulting on rental issues and a manager coordinating the work of the organization. The total staff will be 6 people, with a monthly salary fund of 90,000 rubles. It is planned to outsource the services of an accountant.

Choice of OKVED code

When preparing documents for registering a company with the Federal Tax Service, it is necessary to indicate the codes of future activities, according to the all-Russian classifier. In this case, these are:

• OKVED 71.10 - rent passenger cars;
• OKVED 71.21.1 - lease of freight vehicles.

Be sure to remember / write down the information provided.

Preparation of documents for a car rental business

The solution to the issues of paperwork, which are necessary for the operation of a company specializing in the rental of vehicles, must begin with the choice of the organizational and legal form. If you plan to organize the work of a small company, it is quite enough to go through the registration procedure for an individual entrepreneur, and for a more serious business (with a fleet of 10 cars or more), it is more rational to draw up LLC documents.

In addition, in order to rent a car, you need the following papers:

• Technical passport and insurance policies (both mandatory CASCO and voluntary MTPL).
• Vehicle lease agreement with an acceptance certificate.
• A document confirming the technical serviceability of the car.

Practice shows that a vehicle lease agreement should be drawn up by a lawyer who specializes in solving such issues. Even the most experienced driver will not be able to draw up a document in such a way that it takes into account any force majeure that may happen on our roads.

Business risks

We assume that the main risks associated with this business include:

• Inadequate legal framework in this industry
• Long term return on investment
• High investment capitalization
• Increasing market competition

Financial plan

Let's move on to calculating the main indicators of business economic efficiency. The recurring monthly expenses of the car rental organization will include:

Total - 292,500 rubles.

Annual expenses according to the plan will amount to 3,510,000 rubles.

How much can you earn from providing car rental services

Thus, the net profit of the organization per month (average annual indicator) will be 99,875 rubles. The company's profitability is 34%. Taking into account the period for the promotion of the company, the return on investment in the business will come no earlier than after 60 - 65 months of work (5 years).

Attention! The free business plan offered for download below is an example. The business plan that best suits your business conditions needs to be created with the help of specialists.

Car rental is the way to great success!

This story is told by Nikolai Begun, a successful entrepreneur who lives in the Moscow region and owns a small car rental business. Nikolai rented an office building and bought out the site where he built garages for cars. Its staff consists of five drivers, one accountant and two mechanics.

How did the idea of \u200b\u200bstarting a business come about?

Cars are my weakness. As soon as I turned 18 and got my license, my parents gave me my first car, an old Moskvich.

But since he was old and demanded frequent repairs, sometimes I had to travel by public transport. Then the idea of \u200b\u200bcreating a car rental business was born in my head.

Having collected some capital over the years, I decided to open my own business. Before that, I already had a small auto parts store. Therefore, having a certain amount of money, I decided to make my old dream come true and open my own car rental business.

We create a business plan correctly and inexpensively

I had no problems with renting an office and purchasing a car site. But having some experience in doing business, I realized that I needed some kind of algorithm of actions that would help me compare income and expenses and get a good profit. This algorithm should be a valid business plan.

But after the acquisition land plot for garages, I didn't have enough funds to buy a real business plan.

Therefore, to implement my project, it was necessary to somehow get out, but nevertheless I understood that an algorithm of actions is simply necessary. Otherwise, I could go broke without even starting to make a profit.

The business plan helps to take into account all the points, helps to see the shortcomings and without it it is impossible:

• Determine exactly the initial amount required to open a business;
• Calculate how much capital and what cars will be required;
• Calculate the depreciation of the vehicle fleet;
• Consider advertising costs;
• Find the required personnel.

And there are many more points that a car rental business plan contains. Therefore, without him, the entrepreneur feels like a helpless child.

So my goal was to find a working business plan that was right for my business environment.

Ways to solve the problem

First of all, I found out how much it costs to buy a valid car rental business plan in RBC. Its cost turned out to be quite impressive and amounted to 50 thousand rubles.

The next idea was to download the business plan from a free site, which I did. But I could not find the one that I really needed. Yes, there were various calculations, but they were either too outdated, or were not at all working.

Desperate to acquire the necessary algorithm for my actions, I shared the problem with my acquaintance, who already had her own business and received decent income.

She advised me to buy an inexpensive business plan template and redesign it to fit my conditions. I did just that, I just took and bought a ready-made business plan template for ridiculous money (550 rubles).

Next, I figured out all the numbers that tend to change. This is the rent, and the exchange rate, and fuel. Having written out all the changing numbers, I again turned to the same friend and with her help we adjusted the purchased business plan template to my project.

So, thanks to the purchased business plan template for almost a nominal fee, I started my super profitable business, which brings me real income.

Renting a car for traveling or going out of town is a common thing for a foreigner. In Russia, however, it is not as familiar to an ordinary citizen as abroad. Although there are many car rental services in Moscow. Sometimes it is much cheaper than taking a taxi somewhere. Mastering this niche is undoubtedly profitable, but a car rental business plan with calculations is the first thing to do for a new venture to be successful. Without this document, starting a business on a car will not work.

How profitable is it to rent a car?

Any new venture is a risk. And in the car rental business, the risk is slightly higher than usual. Because Russia is not as developed in this area as foreign states. This is due to the banal ignorance of the common people of the existence of such a service. Therefore, it is impossible to "see" all the benefits of being able to go somewhere not by bus, but by car. Advertising is necessary for good promotion - a common man in the street should know that if you have the rights and you cannot buy a car right now, you can just rent it.

Before "thinking" about how to open a car rental from scratch, you need to assess the demand for this service. Car rental clients are:

1. People who just have their own car, but it, for example, is under repair. It's already hard for them to "change" to public transport, so it is easier to rent a car and not change your habits.
2. People who just want to go out of town or take a short trip around the country, but do not have their own car.
3. Entrepreneurs who do not own a VIP car but need to impress potential partners. Everything is important for signing the contract - appearance and a meeting of a business person in a respectable car. Such a car is often rented by young men caring for girls and wanting to drive them in a good car.
4. People who rent a car for a long time for any need.

It turns out that there is a client. But the car fleet must have cars different classes - from an economical option to a representative one. Anyone with substantial start-up capital can include a chauffeured limousine rental service. It is better to pay for such a car hourly, because it is usually rented for special occasions (weddings, funerals), and not for the whole day. So the circle of clients becomes even wider.

The costs of opening and maintaining a car rental

A car rental business plan with calculations, first of all, assumes the availability of start-up capital, which is enough for the following table of expenses:

Regarding the last point, you can lease cars, but it will be much more expensive, which will reduce the monthly profit by a tangible amount. Leasing purchases simplify the filling of the vehicle fleet, but are convenient for those entrepreneurs whose business will immediately begin to generate income. Because it will be necessary to make monthly lease payments. Leasing term - 2.5 years. After this time, the car is redeemed and becomes the property of the vehicle fleet or returns to the company that provided it.

Calculation of the estimated profit from the car fleet

For ease of calculation, it is better to take into account the minimum values:

• To make a business not look like an office offering any kind of cars, you need to have at least 20-30 cars in stock. The auto industry should be both domestic and foreign.
• On average, one car rental will be equal to 700 rubles per day. Zhiguli classic models cheaper, foreign cars - more expensive.
• Then the monthly turnover of funds will be 300-400 thousand rubles.
• From it you will have to withhold money for staff salaries, tax deductions, car repairs (depreciation) and other expenses.
• The net profit will amount to 30-50 thousand rubles.

A more significant profit can be obtained only with a proportional increase in the number of cars and if there is a demand for them.

Risks when organizing car rental

Everything related to the interaction of a car with a person sometimes encounters accidents on the roads. Therefore, you should not give out cars to everyone. Upon issue, the driver must meet certain criteria. For example, age is over 21 years old and experience is more than 3 years. It is better not to give out business class cars to those who have been previously convicted. You can think of any number of such restrictions. The main thing is that they do not greatly reduce the number of potential customers.

The average number of accidents out of 100 orders is 5. You also need to be prepared for the fact that the car can simply be stolen. Out of 500 cars, 15-20 will definitely fail and “require” investments for repairs. If you do not have to bear responsibility for the accident (due to the legislation), then the time during which the machine cannot be used (restoration) will become unprofitable.

There are several options for protecting your business from the risks described above:

• all cars must be insured;
• the client pays a deposit, which is returned to him in the absence of an emergency situation or when he was not the culprit;
• you need to set a limit on the daily mileage, for example, no more than 200 kilometers;
• for a successful start, a prerequisite is drawing up a business plan, an example of which can be downloaded below;
• an advertising campaign should be started immediately after registration of an individual entrepreneur or LLC, and it is better to entrust this business to specialists.

So, starting a car rental business is an undertaking that requires a decent start-up capital and knowledge of how everything functions. Firstly, you will have to settle all the paperwork - registration of the organization, the lease agreement for a suitable room. Secondly, it is necessary to fill the vehicle fleet with at least 30 cars (purchase, leasing). This is the biggest expense. Thirdly, it is worth organizing a well-coordinated process of issuing a car for rent (checking the client's documents, drawing up a contract with him, discussing all the nuances). Fourth, it is necessary to maintain a car fleet - to give salaries to personnel, pay rent, repair cars and endure other costs.

This is the only way to get a profitable business that brings positive and tangible profits. Any auto business is risky but rewarding. And in order to avoid possible risks or at least reduce them, it is necessary to think over the correct contract with the client and issue the car after the person meets all the requirements stated for him.

A car rental business is an interesting and rather unusual idea for Russia, which can bring its owner an impressive profit with a minimum of physical and time costs. But you will have to invest a lot in this business, since the money will be required to create your own vehicle fleet. In order for the activity to be profitable and quickly pay off, you need to start with at least 10 - 15 cars.

Market assessment

Car rental is an interesting service. It is in great demand abroad, especially in those cities where the number of tourists is large. In Russia, the car rental niche is poorly developed. Basically, the services of such companies are used in large cities. Thus, more than half of the car rental income comes from Moscow and St. Petersburg. Much more modest results in other cities with a population of over one million.

The larger the settlement, the more money the entrepreneur will be able to earn. But there is no point in opening your own business in a small town. There the service will be unclaimed. You can only rent your car by posting free ads in newspapers, bulletin boards.

There is no competition in the field of car rental as such. This market segment is almost empty. The exception is large cities. But even there the market is not overcrowded - a beginner will be able to occupy his own niche and make a profit.

To determine which cars to buy, it is necessary to assess the demand for the service. Most often people rent a car for the following reasons:

• temporarily no car (it is under repair, for example);
• during rest;
• for a business trip.

Much less often, cars are rented before the direct purchase of a car in order to evaluate the convenience and other properties of the vehicle.

It is not enough to assess the demand for a service. It is important in the course of this study to understand what kind of car would like to get potential buyer... When choosing a car, people evaluate the following parameters:

• convenience;
• appearance;
• cost;
• availability additional options;
• vehicle status.

Based on this, three groups of potential buyers can be identified:

1. Those who want to rent cheap car... This includes the middle strata of the population. A few years ago, it was profitable for such citizens to offer domestic cars... But now their price has risen sharply, while the cost of services has remained at the same level. Therefore, it makes sense to buy inexpensive foreign cars. Better to stop at Daewoo Nexia, Chevrolet Lanos or Renault Logan. These cars are among the budget vehicles, but they behave well on the road.
2. People looking to rent inexpensive car, but always with a gun. It's a little taller price category cars. They are in demand among women and youth. The number of such clients is growing. People increasingly prefer a machine gun, and some of them simply do not know how to use mechanics. For such customers, you need to provide a separate category of cars. For example, you can buy one of the Hyundai models.
3. Customers preferring expensive cars... There are several times fewer such people. They make up about 10% of all consumers. Therefore, it makes no sense to buy many cars of the premium segment. But a large vehicle fleet should have at least a few options. But in a small business it makes no sense to buy it, often the car simply does not pay off the costs incurred.

Consider purchasing used cars for your fleet. The age of the vehicles in this case should be about 2 - 3 years. Such a car will cost almost 2 times cheaper than a new one, but the cost of renting it will be almost the same. This will significantly increase profitability, and the payback period can be reduced by 2 times.

Why start a car rental business?

The idea of \u200b\u200bstarting a car rental business is suitable not only for an experienced entrepreneur, but also for a beginner. You can do this business if only because it has a number of the following advantages:

• Doesn't require major investments... Indeed, if a businessman does not have a lot of capital, he can start by buying just a few used cars. Experienced entrepreneurs, on the other hand, are better off buying 10 cars at once. This will allow you to reach a high level of profit.
• Minimum running costs... After buying a car, significant costs are eliminated. Gasoline is paid for by the client himself, breakdowns are possible, but in most cases they do not involve large cash infusions. And the availability of insurance for the car will eliminate the need to restore it at your own expense in the event of an accident. All that will need to be paid is technical inspection and insurance.
• Possibility of additional profit... When the car has paid for its value, it can be sold. This will increase your income and profitability levels.
• No serious investment of time needed... You don't have to devote all your time to this business. It is enough to answer incoming calls, issue and receive cars. This format of doing business allows a person to work in a regular job and do their own thing.
• No skill or skill required... Indeed, you can rent a car without any special personal qualities or professionalism. Even creative thinking in this area is not necessary, because the car will sell itself. You just need to advertise the service in local newspapers, on free bulletin boards.

Legal aspects

An important moment of discovery own business for car rental is that it is impossible to conduct business here without registration. After all, you need to document the lease agreement, provide insurance that allows you to receive compensation, even if the owner of the car was not driving. You need to act like this:

1. Selection of the most suitable organizational form. A small rental can be registered as an individual entrepreneur. If there are several business owners, then it makes sense to open an LLC. But in this case, you need to be prepared for a stricter check of registration documents. In addition, LLCs have certain requirements for conducting cash transactions. Accounting for such firms is also more complicated than that of individual entrepreneurs, which can be completely exempted from accounting.
2. Choice of OKVED code. Here it is enough to select the code from the new 2017 reference book 77.11 - "Rent and leasing of cars and light vehicles» ... It must be indicated when applying for registration. The specified code allows you to rent cars with or without a driver.
3. Choice of taxation regime. There are three available options - STS "income", STS "income minus expenses" and PSN. When buying cars, it is better to choose the first scheme. But when purchasing cars on lease, it will be more profitable to pay taxes on the difference between income and expenses. In this case, the lease payments can be taken into account and the tax base can be reduced by their amount.

The expediency of acquiring a patent must be determined independently. Its cost in each region is different. Before buying a patent, it is worth calculating its price, estimated profit and tax that would have to be paid on the simplified tax system.

It is important to identify the channels for promoting your business. More and more people are trying to create their own website. This solution is advisable for large companies or rentals located in large or resort cities. But in smaller settlements, this option may not bring the desired effect.

Therefore, it makes sense to attend to the placement of advertisements in local newspapers. You can post ads near large hostels, hotels, near train stations. When choosing newspapers for placing ads, it is better to give preference to those that are distributed weekly to mailboxes.

Additionally, it is worth adding the organization to the industry directory of your city. So people can quickly find where they can rent a car.

Minimization of possible risks

To make a business profitable, you need to take into account possible dangers and minimize the risk of their occurrence. It is especially important to resolve the following issues:

• Age group... You can limit the minimum age or the required driving experience.
• Daily mileage limit... This will eliminate the possibility of taxi drivers renting a car. For such categories of customers, you can provide for an increased cost of services.
• Risk of theft, damage to the machine... It is important to determine the amount of the collateral. The bottom line is to receive a certain amount (usually about 5,000 - 10,000 rubles). It can be returned only after the vehicle has been received. You can go the other way - increase the cost of rental without collateral, for example, by 15 - 25%.
• Failure to pay a fine... In order for the client to undertake the obligation to pay the fine, the corresponding clause must be provided in the contract. It is even better if a serious penalty is provided for the late payment.

Financial results

If an entrepreneur opens a rental with 100 cars, then the initial costs will include the cost of cars, GPS navigators, DVRs and other paraphernalia. Minor expenses will be associated with advertising, purchase of office equipment and business registration. In total, you will need at least 6,000,000 rubles.

The amount of expenses for one year will include the following cost items:

• insurance - 600,000 rubles;
• advertising - 50,000 rubles;
• repair, maintenance, car wash, parking - 550,000 rubles;
• office space rent - 100,000 rubles;
• wages to employees (including insurance payments) - 900,000 rubles;
• resolving legal issues and disputes (you will not be able to do without a lawyer) - 200,000 rubles.

Total: 2,400,000 rubles.

If we assume that 60% of cars will be used 300 days a year, then the average income will be (2,500 rubles - the cost of rental per day) 4,500,000 rubles. Taking into account the costs, the profit will be equal to 2,100,000 rubles per year. It turns out that the profitability is about 40 - 50% even with an incomplete load on the vehicle fleet. It will be possible to recoup your expenses only after 3 years.

Business plan

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Reviews (3)

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Car rental business plan

Evgeniy
Everything is very clear, informative, accessible. Combined with a very low price, it is an ideal option for any entrepreneur. Thank you for giving us the opportunity to use a quality document at affordable rates.


Evgeniy, we agree with you, this is precisely the purpose of the project, to enable as many businessmen as possible to use business plans. We understand that the real cost of a document is much higher, but at the same time, not everyone is ready to pay a round sum for it, so we make it affordable. Thank you for appreciating the business plan and we hope that it will be useful to you. I wish you success.

Car rental business plan

Ivan
Generally speaking, it's a pretty good document, which provides a lot important information... But I would like to see more specifics in it, which will be very useful to novice entrepreneurs. After all, not everyone will be able to modify the calculations for themselves.


Ivan, we agree with you, we really tried to make the document as useful as possible, but, as you rightly noted, some calculations need to be adapted to suit your capabilities, since all individual points can be taken into account only in a custom business plan, and this is much more expensive. Also, understanding the economics of an enterprise gives an indisputable plus in the future, allowing you to more effectively plan the company's activities. Good luck to you.

Car rental business plan

Michael
Although our city is small, there are many tourists in it. This was the reason that my friend and I decided to open a car rental. No sooner said than done, but we started by studying your business plan. As it turned out, we did the right thing, since we presented some aspects of creating a business in a completely different way. I can imagine what it would be like if we had not used this document. Thank you for the high-quality business plan that helped us a lot at all stages.


Michael, we are glad that we were able to help you. Indeed, from the outside it seems that it is easy to organize a business, but when you start to act, there are many unaccounted for. When a business plan is at hand, the actions become more deliberate, and the results are expected, there is confidence, which allows you to work much more efficiently further. We wish you successful development.

The main thing about a car rental business plan

Starting a car rental business is, first of all, huge costs. And entrepreneurs planning to officially open a car rental company are trying to determine the amount that may be required for these purposes. The amount of costs depends on which way the businessman will go - whether he will act independently, or decide to purchase a franchise. At the moment on russian market franchises from several well-known western car rental companies can be purchased.

Which path to choose depends not only on the financial capabilities of the entrepreneur, but also on the situation in this market in a particular region. If, for example, a couple of companies operating under the wing of a well-known western brand already operate in your city, it may be more expedient to organize a car rental business on your own.

The cost of a franchise is usually about 25-30 thousand dollars, in addition, the company will have to transfer a certain percentage of orders to the partner every month. But in this case, the businessman will not need additional advertising costs.

Rental calculator

The minimum amount that is required in order to independently open a car rental company is 5 million rubles. The main expense item is the purchase of cars. Most entrepreneurs prefer foreign cars, since service domestic cars is much more expensive, and they break much more often. As for the choice of model, many businessmen working in this sector of the market, at first, purchase cars of the same brand. This allows you to count on a substantial discount when purchasing.

When opening a car rental business, an entrepreneur needs to purchase at least 10-12 cars. Only in this case it is possible to avoid losses in the course of the company's activity. Too large car fleet is also not advisable, since it will be much more difficult to find the required number of customers. In addition, car maintenance is costly, and the more cars a company has, the higher the costs. Each car must be insured, and the cost of the policy will average about 10% of its price. Estimated costs for the maintenance of one car does not usually exceed 3-4 thousand rubles per month. When starting a car rental business, be sure to consider the associated costs, such as buying tires, renting parking spaces, etc.

A business project like car rental requires substantial expenses, and, of course, any entrepreneur does not want to waste money. Initial investments usually pay off in 2-3 years, when it is time to change the vehicle fleet. If you want to know clearly how a car rental business works, check out the professional example of a car rental business plan with ready-made calculations. A comprehensive car rental business guide will help you bridge the knowledge gap. You will understand how to start a business such as car rental and find out if it is worth creating a website that will offer car rental services.

Car rental business is a risky business. A small number of companies operate in this market, and on the one hand, this allows entrepreneurs to easily occupy an empty niche. But the problem is that such services in our country are not yet in high demand. The consumer must be taught to such an opportunity - to rent a car. As a type of business, this activity is advisable only in large cities, or in a tourist area where there are a lot of visitors.

In most settlements, such a service began to appear only 2-3 years ago. So the opportunities for businessmen who have decided to master this market sector are very tempting. No competition, which sometimes gets in the way of aspiring entrepreneurs. But this will not diminish the difficulties with finding clients. The usual methods of advertising must be carefully reviewed, because most of the visitors to your company will be visiting people - city guests, business travelers, tourists. And you need to make sure that they can quickly find out about your services.

Where are we going?

Judging by the reviews on renting a car, cars for rent, this service is most in demand among visitors. If a business traveler needs to constantly move around a foreign city, it is more profitable for him to rent a car than spend huge money on taxi services. For the same reasons, there are tourists who want to explore the city on their own and slowly. In this regard, when planning to create a car rental business, you should perform a thorough analysis of the market situation in a particular region. It is necessary to determine whether your firm's services will be in stable demand. Otherwise, there can be no question of any profit.

Starting a car rental business presupposes the presence of a solid car fleet so that everyone who contacts your company can choose the car model they like. In order to satisfy the needs of customers, your fleet should have cars from economy to VIP class. If you are planning to open your own car rental in a region where extreme tourism is thriving, and people come to your area for hot or fishing, it makes sense to create a business for renting snowmobiles and ATVs. But at the same time, it is necessary to take into account the obvious seasonality of such a business, and if necessary, you can combine the ATV rental business with car rental.

Among local residents, such a service as car rental with a purchase is in demand, but building such a business is a little more difficult from a legal point of view. In addition, there are certain prospects for this type of business as limousine rental. The opportunity to ride a luxury car attracts not only brides and grooms, such services are in demand at various special events. Entrepreneurs who have carefully studied a competent sample of a car rental business plan will be able to make sure that car rental is a profitable business. This document explains in detail all the pros and cons of this type of business, and provides solutions to possible problems.

A ready-made car rental business plan from scratch with examples of opening calculations