Starting Rental Business? Here’s Where to Start

If you’re a circular business expanding into rentals, here are a few key strategic takeaways:

  1. Accept the learning curve
  2. Some inventory will be sacrificed in the early stages. Don’t over-optimize on day one — run, learn, and evolve.
  3. Track unit-level data
  4. You can’t improve what you don’t track. Whether it’s profitability or lifecycle events, make sure your inventory system supports per-item tracking.
  5. Model pricing with realistic payback periods
  6. Aim for full return on investment within one to two seasons, including resale value at the end of life.
  7. Automate where possible
  8. Use software for pricing, fulfillment, and availability — and structure operations so that tasks like washing, inspecting, or refurbishing can be done in bulk.

Start small, learn fast, scale wisely.

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