Buying and selling items is the foundation of many businesses. But what about the items that people don’t need on a continual basis? In these instances, both consumers and business owners can benefit from a more practical rental business model. Read on for ideas in this profitable niche.
Why You Should Start a Rentals Business
A rental business is one where the company owns an asset or inventory that it rents out to consumers for a one-time or daily fee. This business model is beneficial because the company doesn’t need to constantly replenish its supply, and it’s often less expensive for consumers to get the items they need.
