Saturday, 16 February 2013

Have some idle funds, check out car hire business

If you have some idle funds and still do not know where to invest it. Someone said car hire business is a cash milling business. Car hire has become a major necessity of today and establishing yourself as one of the best car hire companies can give you lot of profit as travel and tourism takes center stage in the global economy.

The car is not only being hired by the people on a trip, but also by those who have their cars at the workshops for repair. There are people who don’t opt for hiring cars from the very elite car hire companies but go in to hire one from the smaller car hire companies. This is where you can get a chance to prove your worth.

To start a car hire business, you don’t have to get into costly car deals but you can easily get the good bargains in the car deals.
In taking off, get hold of many car advertisement magazines which can provide you car deals at very low costs. With this, you can hire a car for one week and get back your initial investment along with the maintenance, road tax and the insurance money.
If the car is being serviced regularly you can easily get through Ministry of Transport (MOT), which can be funded from the money you get after the car has been hired out.
Also, you can start the car hire business by purchasing the Japanese cars as their parts are cheap and easily available. The Nissan and Toyota are known to be the major car makers since years. You can carry on your car hire business by getting more and more cars which you can hire out late, but make sure you make proper arrangements for their parking.
On how to promote it, you can promote your car hire business by dropping business cards everywhere, internet advertising, subscribing your company in the best search engines etc. You can also make use of the local press to achieve an existence among the local people, which can then be forwarded to other nations as well apart from making use of different referrals to attract more and more customers towards your business.
Article by Shade Williams, published in BusinessDay

No comments:

Post a Comment