In an increasingly competitive rental market, efficient inventory management is no longer just a nice-to-have—it’s a must. According to a report by Grand View Research, the global equipment rental market is expected to witness a Compound Annual Growth Rate (CAGR) of 4.5% from 2021 to 2028. To capitalize on this promising growth, businesses must streamline … Read more
Rental businesses are growing in popularity, and with that growth comes a greater need for efficient inventory management software. With the right rental software, rental businesses can streamline their operations, maximize conversions, and ensure they have the necessary items to meet customer demand. Recent studies show that an inventory management system can reduce stock-outs by … Read more
Are you looking for a way to increase the efficiency of your rental business? Look no further than Rental Inventory Software! According to research, businesses that use rental inventory software experience up to 32% higher customer satisfaction and 14% faster order fulfillment. With this powerful tool, you can manage your entire rental process from start … Read more
Using the Asset Tag Protocol in revenue production is essential for many businesses. It allows the staff to track equipment with a tag. This includes RFID tags, bar codes, and GPS tracking devices. Using a cloud-based tool and tracking technology makes assets less likely to be lost. It also allows the collection of valuable information … Read more
Equipment inventory management is no longer an easy task to do. To manage inventory in large companies with thousands of SKUs (And maybe several branches), it requires a sophisticated inventory control system and experienced inventory managers to work efficiently. The inventory management process can be divided into three main categories: inventory holding, inventory replenishment and … Read more
Unless you accidentally clicked on the wrong link, chances are you’ve clicked through to this page because you’re either considering whether to start a furniture rental business or you’ve already created a furniture rental business. With this introductory guide, we hope we can help a few readers interested in the furniture rental industry.
Camera rental businesses have flashed up around the world in recent years and the industry isn’t showing any signs of slowing down
As you’ve clicked through to this guide, there’s a strong chance you’re planning to start a medical equipment rental business, or that you’re at least interested in the industry.
You may not need the answer to this question if you’re further down the development process, but some readers are perhaps weighing up a few different types of business and need to know the benefits of opting for a party rental business over some of the other rental options.
The entire rental industry is huge as it comprises numerous rental niches all joined together by one concept: customers pay to borrow equipment, then give it back, allowing the business to make a much higher return on investment than if they had simply sold the equipment.