At RentMy, we’re privileged to serve rental businesses on 4 continents, spanning every rental products category you can think of. For 15 years, we have helped startups to colleges & universities bring new organization and information to equipment rental businesses and their Customers. Given the time we have been in business, we can spot almost right away if a prospective client should have other priorities over adding a rental management system to their business.
Here are the 5 telltale signs that a rental business should invest their budget in something other than rental software to help their business grow:
Rental software can do great things for your business, but it’s not suited for every business that offers items for rent. Wait until your business has real challenges keeping up with orders, knowing when your items are available and when they’re not, and keeping Customers updated with automated alerts and reminders. Until then, invest in inventory (and servicing of that inventory). When you’re ready for a system to take on the tasks that can be automated and provide the reporting you will need, do your homework to find the solution that works best for your rental business.
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