Growth of Car Hire franchise

1. Growth of Car Hire franchise by 2019: A study The motor industry is the largest retail sector in the world and unrelenting growth is forecast. The car hire and rental industry continues to show amazing potential and presents tremendous opportunities for entrepreneurs. At present there are over 32 million cars registered on the roads , and this is set to increase over the coming decade. A Car Hire franchise offers the opportunity to start a new business, and a “fast track” to becoming established in vehicle finance, contract hire and fleet management services. Existing finance and leasing brokers can also take advantage by changing over to a car leasing franchise. The growth of Car Hire franchise and rental in both the business and private sectors continues unabated and more and more brokers are finding it necessary to fulfil the requirements of this market sector. There are many established names that now offer car leasing franchises to those who they consider to have the ability to meet their requirements. A Car Hire franchise may be just the solution you are looking for to allow you to turn your interest in cars and finance into your own business specialising in vehicle finance.If you are looking to start your own business, an excellent way to minimize risk while increasing the odds of succeeding, is to consider opening a U- Drive Car Rental franchise. Spend less time getting started. The difference between starting a car rental franchise business compared with starting a business on your own is that the franchisor steps in to help you expedite the start-up phase by providing you with a plan and helping you make crucial decisions such as site location, hiring new staff members, and promoting the grand opening. The franchisor has a vested interest in seeing your business succeed, and will draw upon past experiences in starting other operations to help get your business off the ground. Benefit from Multi-Location brand recognition. Some of the most significant benefits of owning a franchise business are brand awareness and Multi-Location advertising power. By joining an emerging franchise that is reputable and

2. respected, you don't have to spend as much time educating your target market on what your company is all about. In addition to launching national advertising campaigns, Car Hire franchise help you establish an effective marketing plan and provide advertising materials to help make your company a success. Reduce your risk as a business owner. When you make the choice to start a franchise business, you are essentially buying into a proven business model. Although there is still risk associated in starting any business, franchise organizations have a proven track record of success and offer experience, expertise, and resources that help support the growth of your business and minimize costly mistakes. Rather than you guessing at the most effective way to build your business, a Car Hire franchise provides you with a proven system on how to achieve success. Lower costs with group purchasing power. As a franchisee, you will have the ability to reduce your costs by using collective buying power of vehicles and services needed to run the business. This also helps reduce the time spent searching for reliable vendors, since the Car Hire franchise has already used them in other operations. Ongoing business support. Many new business owners underestimate the number of issues they will face on a day-to-day basis, which is why it is helpful to be part of a franchise organization that provides guidance and comprehensive training, allowing your business to grow and prosper. As a Car Hire franchise owner, you receive ongoing assistance with customer satisfaction, new technology, marketing initiatives, hiring, managing personnel, and the profitability of your business.