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The rental business

We all need some tools and equipment that is either to expensive to buy for a limited use or to big to have standing unused often. The solution is to rent those. And this may be a great marked for you to make some cash.

That is common popular to rent there I live:
- Vans to transport your over sized things.
- Mini excavator to dig with (save your back and shovel).
- Floor grinder/sander for people building new floors of concrete.
- Car trailers of various kind (to boats/horse/car/freight transport).
- Person lifters for painting of house walls (forget the bad ladders).
- Even more things are popular to rent also.

These can be bought used for rental to your customers, you don’t have to invest in new and expensive equipment.

Advertise in your local mall and hardware shops.

Before buying:
- Check the lifespan of a tool to rent out.
- Find a price close to your competitors.

The math:
Lifespan in years/365 = Days.
Days x rental price in one day = Lifespan income.

If the lifespan income exceeds the investment prices, you are good to go. Be sure to also have a buffer for low rental times.

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