I am looking to start an equipment rental business, specifically in the party and audio-visual industry.
Is it the right time to enter the rental market?
This can be a great venture considering the growing amount for event services.The equipment rental market has been growing, with the global equipment rental market projected to continue growing.
To determine the right time to enter the market consider the following features:
- Competition
- Market demands
- Economic conditions
And to succeed in the industry focus on:
- Building relationships
- Specializing in a niche
- Investing in quality equipment
Hoped this helped
