Equipment rental business plan

Large Scale Construction Equipment 3. Currently, the economic market condition in the United States is moderate.

Equipment rental business plan

Our large number of assets and varied services have made our situation difficult to analyze. However, we now know the basis for our cash shortages, and they are as follows: The addition of small gas engine repair to our services.

Increase in our labor force to accomplish the above.

equipment rental business plan

Financing the needed small gas engine parts inventory through existing cash flow and accounts payable. The age of some key rental equipment. Our low equity position. This plan specifically addresses several methods that we will use to correct the cash flow, profitability, and equity deficiencies.

We have already initiated several changes that have had positive results. The future changes fall into two categories: When these changes have all been implemented, the company will be within industry norms in two years, as will be shown later in the plan.

Business Objectives In the summer ofmy wife and I began discussing the possibility of relocating to Bradenton, Florida and starting a family business. We were attracted to Bradenton because of its proximity to family, the lifestyle, and the ability to raise our children in a more controlled environment.

After months of discussion, market studies, and reviewing several different potential business opportunities, we decided on the equipment rental business. The equipment being rented by the existing equipment rental business was in very poor condition and they had recently filed Chapter 11 Bankruptcy.

A Sample Construction Equipment Rental Business Plan Template

We spent time evaluating their particular circumstances and determined that their failure was primarily related to overextension financially, brought on by the tremendous drop in oil prices significantly hurting this area, as well as an absentee owner.

The salient points in our consideration were as follows: To provide our family with long-term financial opportunity and to provide an adequate standard of living. To have a business where competition could and would be limited.

Long term, we wanted a business that was in a growth industry with greater opportunities for the entire area. To open a family-owned business in which our children would later have the opportunity to participate and learn just how important small business is to the future of our country.

A Sample Construction Equipment Rental Business Plan Template

The equipment rental business met all of our needs. The Rental of Tools and Equipment. If you have a job to do, we have a tool to make it easier and quicker.

Service to our customers, both professional and "Do-It-Yourselfers," is a primary part of our daily operation. We must provide the equipment when it is needed.

We provide complete written "HOW TO" information on all of our equipment and detailed verbal or visual explanations when needed.

Heavy Equipment Rental Service Business Plan -

We provide pickup and delivery for a fee. Last but far from least, when our customers have a problem, we go to them.ER's mission is to become THE exclusive full-service equipment rental, sales, and service company in upper and lower Denton Parish with the ability to service the surrounding parishes of Memphis, Knoxville, Grand Prairie, Plano, Garland, Irvine, and Riverside.

Machinery, Equipment & Infrastructure Business Plan. Executive Vice President, President and CEO, Business Plan: Sales Trends of Major Business Areas of business in equipment, etc. ・ Synergies at Primetals (Metals machinery business) ・ Strengthening of .

The purpose of this business plan is to raise $, for the development of a heavy equipment rental business while showcasing the expected financials and operations over the next three years. Heavy Equipment Rental Service, Inc. (“the Company”) is a New York based corporation that will provide for the rental of construction equipment to customers in its targeted market.

The Heavy Equipment Rental Service is primarily in the business of renting equipment in conjunction with minor and major construction sites that require specialized construction equipment.

Study your market

The Company will maintain an expansive inventory of construction equipment that are . Starting a Party Rental Business – Sample Business Plan Template Step 1 – Buy the Needed Equipment Buy enough equipment to be able to comfortably plan for many parties at once.

Construction Equipment Rental Business Plan – Executive Summary Tack Rentals (TR) is a standard and the exclusive go-to equipment rental business based in Atlanta – Georgia, USA and intends to rent its equipment to individuals and businesses.

Starting an equipment rental business? Here is our advice!