Preparing a Rental Business Plan
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Shaunta Pleasant
Mar 21, 2013, 4:00:37 AM3/21/13
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Please consider this free-reprint article written by:
Shaunta Pleasant
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Article Title: Preparing a Rental Business Plan
Author: Shaunta Pleasant
Word Count: 546
Article URL: http://www.isnare.com/?aid=1825487&ca=Business+Management
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1825487
Easy Publish Tool: http://www.isnare.com/html.php?aid=1825487
*********************** ARTICLE START ***********************
Many people in the world today want to buy those big screen plasma TV's, personal computers and other high end electronic equipment, but many lack the money to buy such expensive products outright.
What this means to you is that there is an enormous business opportunity waiting in the rental business.
= The Rental Business Is Booming =
In fact, the rental business has been booming, and more and more entrepreneurs are finding that the rent to own business is an extremely profitable one.
The cornerstone to success in the rental business, however, is a quality and detailed rental business plan.
= Raising Start Up Cash =
Without a business plan, it will be virtually impossible to raise the startup cash you need to get the rental business off the ground.
Starting such a rental business can be quite costly, after all you will have to buy a large number of high end electronics, furniture, computer equipment and other items that your clients can rent from you.
= Borrowing Or Taking On Partners =
This means that you will likely need to either borrow the startup funds you need or take on partners and investors in order to get your business up and running.
The first document any business banker or potential investor will want to see is the rental business plan you have created. Without such a business plan in hand, it will be virtually impossible to raise the funds you need to be successful.
= Franchise Or Not =
One of the most important things you will need to consider when starting a rental business is whether you will buy into an existing rental business franchise or will you start this type of business from scratch.
An existing franchise has its benefits, but it may be a little costly as well. You will have the initial fees and you will also have the continual fees as well.
If you start a rental business from scratch you will not have all of the benefits of a well known franchise to fall back on.
= Keeping Your Taxes Low =
In addition to its usefulness in getting the startup funds you need, a rental business plan will also be invaluable in a number of other ways as well. For instance, a good business plan will help you plan your tax liability to keep your taxes as low as possible.
Keeping taxes low is an important part of planning for any business, and your business plan can definitely come in handy when it comes to planning your taxes.
= Using A Tax Attorney Or An Accountant =
Of course it is likely that you will need help when creating your rental business plan, especially when it comes to such complicated matters as taxes.
Tax law is an incredibly complicated subject, and paying a tax attorney or accountant to review your rental business plan will be money well spent.
And it is always a good idea to have professionals to help you with the making any final decisions when it comes to your businesses taxes and accounting needs.
About The Author: Shaunta Pleasant is a professional web writer and editor on business plan topics. Visit my site to learn more about writing a business plan at http://www.yourbusinesspal.com
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1825487
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Shaunta Pleasant
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1825487
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1825487
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Preparing a Rental Business Plan
Author: Shaunta Pleasant
Word Count: 546
Article URL: http://www.isnare.com/?aid=1825487&ca=Business+Management
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1825487
Easy Publish Tool: http://www.isnare.com/html.php?aid=1825487
*********************** ARTICLE START ***********************
Many people in the world today want to buy those big screen plasma TV's, personal computers and other high end electronic equipment, but many lack the money to buy such expensive products outright.
What this means to you is that there is an enormous business opportunity waiting in the rental business.
= The Rental Business Is Booming =
In fact, the rental business has been booming, and more and more entrepreneurs are finding that the rent to own business is an extremely profitable one.
The cornerstone to success in the rental business, however, is a quality and detailed rental business plan.
= Raising Start Up Cash =
Without a business plan, it will be virtually impossible to raise the startup cash you need to get the rental business off the ground.
Starting such a rental business can be quite costly, after all you will have to buy a large number of high end electronics, furniture, computer equipment and other items that your clients can rent from you.
= Borrowing Or Taking On Partners =
This means that you will likely need to either borrow the startup funds you need or take on partners and investors in order to get your business up and running.
The first document any business banker or potential investor will want to see is the rental business plan you have created. Without such a business plan in hand, it will be virtually impossible to raise the funds you need to be successful.
= Franchise Or Not =
One of the most important things you will need to consider when starting a rental business is whether you will buy into an existing rental business franchise or will you start this type of business from scratch.
An existing franchise has its benefits, but it may be a little costly as well. You will have the initial fees and you will also have the continual fees as well.
If you start a rental business from scratch you will not have all of the benefits of a well known franchise to fall back on.
= Keeping Your Taxes Low =
In addition to its usefulness in getting the startup funds you need, a rental business plan will also be invaluable in a number of other ways as well. For instance, a good business plan will help you plan your tax liability to keep your taxes as low as possible.
Keeping taxes low is an important part of planning for any business, and your business plan can definitely come in handy when it comes to planning your taxes.
= Using A Tax Attorney Or An Accountant =
Of course it is likely that you will need help when creating your rental business plan, especially when it comes to such complicated matters as taxes.
Tax law is an incredibly complicated subject, and paying a tax attorney or accountant to review your rental business plan will be money well spent.
And it is always a good idea to have professionals to help you with the making any final decisions when it comes to your businesses taxes and accounting needs.
About The Author: Shaunta Pleasant is a professional web writer and editor on business plan topics. Visit my site to learn more about writing a business plan at http://www.yourbusinesspal.com
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1825487
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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