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Car Rental sector is experiencing exceptional growth due to changing trends and habits of the travelers, which have made it more convenient for the companies to provide services by which a customer could rent a car easily. Car rental industry has experienced a drastic transformation over the past few years, becoming one of the most prominent industries in fleet transportation.
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Personal Car Renting Business Available Reports on this Title – http://meticulousbplans.com/product/personal-car-rental-business/ • Business Feasibility Study Report • Business Model • Project Report • Business Plan • Detailed Project Report
Executive Summary and Analysis • Car rental, hire car, or car hire agency is a business that rents vehicles for short periods of time, generally ranging from a few hours to a few weeks. • Car Rental Business has remarkable growth due to an increase in the number of passengers travelling around the country. • The global car rental market is expected to grow at a CAGR of 17.52% during the period 2019-2022 • The Car rental industry provides huge opportunity for players who want to start in this industry, since it is a largely untapped market and provides the new entrants a high rate potential growth.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Skilled Worker Skilled Manpower Employment Generation Business License 4 2 3 Competitive Advantages Land location 5 1 Required Technical Expert Digitalization Market Potential Supply Chain and Logistics
SWOT Analysis STRENGTHS WEAKNESSES • Weak brand image • Lack of students • Personal Attention • High quality teaching OPPORTUNITIES THREATS • Better quality • More affordable • Strong Competition • Low entry barrier
Financial Summary • Project – Car Rental Business • Services – Types of cars, Based on Application Etc. • Initial Investment – 2 cr INR • Capital Investment – 1.3 cr INR
Project Profile – Project Details Manpower Required Legal Requirements Product Portfolio Personal Car Renting Business Business Requirement & Industry Requirement Skilled Labor & Executive Employee Types Employment Generation List Skilled Labour – XX Unskilled Labour – XX Driver – X Plant executive – X ( for Dock, Process, Product, Store & for Lab) Supervisor – X Operator -X Admin Executive – X (Admin, HR, Account & Finance) Marketing Executive – x (Sales & Marketing) Director – X (Admin, Operation, Marketing & Finance) PAN & TAN MSME Registration Shop Act GST XXX XXX XXX XXX XXX XXX • Types of cars • Geography, etc.
Start-up Budget and Production Details Slide Title • Budget (INR) • Pre-operative Expenses – XX,00,000 • Fixed Capital – XX,00,00,000 • Working Capital ( X Month) – X,00,00,000 • Total Investment – XX,00,00,000 • Cost Per Unit – XX INR • Price Per Unit – XX INR • Profitability – XX % • BEP – XX Years • ROI – XX % Production Details Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX% Working Days – X00 Per Annum Land Requirement – Non Fertile Agri Land / Industrial Land Area Required – X Acres Power Requirement – XX – X00 Kw (x Phase) Water Requirement – XX,000 LPD Transportation – XX, Km
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