
The Basics of How to Start a Rental Business
Rental businesses of all kinds serve an essential purpose in markets everywhere, providing access to essential equipment and other goods for people who need them
Manage your rentals, inventory, and reservations with
Quipli.
Operating a rental business requires keeping track of many moving parts. From understanding your inventory, keeping up with reservations of your assets, preventing double booking, and keeping up with customer demands all while working to grow your business – there’s a lot to manage.
Quipli provides a one-stop shop software solution for managing your entire rental business. Whether it is equipment, construction, party, or boat rentals – Quipli will make it easy to manage with a single platform.
Quipli brings together every piece of your rental business into one platform. Through Quipli, a customer can book a rental on your website that is available, pick up and pay through Quipli’s POS while you are able to track what equipment is on the field, what is still in stock, and when your equipment will be returned.
Quipli allows you to showcase your rental assets in an ecommerce storefront on your website, and edit your products and content to improve your landing pages. For multi-location stores, Quipli features import/exporting for larger rental assortments and data input.
Quipli’s reservation management connects orders to your inventory, allowing customers to book and reserve available rentals for their schedule while providing you the oversight of what equipment is available, being rented, and when it will be returned at any given time so that you’ll never doublebook an asset.
Quipli’s renter portal allows customers to login and review their orders/invoices, manage their orders and bill-pay, and call-off and extend rentals. With a rental portal, you will save time and effort when your customers no longer need to call you for extending their rentals.
Quipli’s Point of Sale connects your website orders with your customer’s in store pick ups, allowing for a seamless, quick transaction.
Quipli’s dynamic pricing allows you better price your rentals in accordance to seasonality. Does your business have greater demand during specific seasons? With Quipli, you can create real-time pricing changes based on supply and demand levels and customer price sensitivity – and improve your business’s profitability.
An integrated inventory management with your reservation system is essential for creating a problem-free customer reservation experience. Quipli allows you to understand your inventory calendar, products currently being rented, and return dates – for all of your store locations.
Quipli’s built-in reporting will help grow your business’s profitability. Review revenue and expenses for each rental, so you can understand what you should purchase more of to meet your customer demands and increase profits.
By combining a payment system with your inventory and reservations, Quipli makes renting equipment simple for you and your customers. With Quipli, your rental business will never run smoother.
Your customers are busy folks. By serving your customers online, they can increase the speed
Learn more about building a rental equipment business with our rental business guides and resources.
Rental businesses of all kinds serve an essential purpose in markets everywhere, providing access to essential equipment and other goods for people who need them
Construction Equipment and Vehicles Anyone who has a bit more capital and infrastructure ready to commit to their business could consider the lucrative construction equipment
Equipment rental can be a great way to start a business, even with limited experience and capital. It’s a great way to turn extra capital
When you’re establishing a business in the equipment rental industry, a lot of your success is going to come down to what your pricing strategies
Rental businesses are thriving across many industries, with new opportunities emerging every day. However, anyone looking into starting a rental business needs to understand the
Key performance indicators (KPIs) are an essential part of any business in any industry, and equipment rental is no exception. In the spirit of the
The best equipment rental software. Whether you’re renting out for heavy equipment, events, recreational vehicles, or more – we can support you.
Subscribe to our newsletter to get the latest updates and information on our business.