October 23, 2017  
 
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Opening a Commercial & Industrial Rental & Leasing Business

Launching a commercial and industrial rental and leasing business is a rewarding experience if you have the creativity and tenacity necessary to be a successful entrepreneur. Here is a friendly, comprehensive guide to improve your startup process.

Thinking about opening a commercial and industrial rental and leasing business? We tell you what you need to know to get started.
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Best Practices for Writing a Commercial & Industrial Rental & Leasing Company Business Plan

Many new commercial and industrial rental and leasing business owners feel unprepared for the challenge of writing a business plan.

The good news is that business plan help may be closer than you think. These days, there are tons of great resources and solutions available to support the business plan writing process.

Our Business Plan Help section discusses some of the business plan resources other entrepreneurs have found useful.

Investigate Competitors

Before you open a commercial and industrial rental and leasing business in your area, it's worthwhile to find out how you will fit in the competitive landscape. We've provided the link below to help you find competitors near you. Just enter your city, state and zip code to get a list of commercial and industrial rental and leasing businesses in your community.

It's important to be aware of what the competition is doing. Take the time to visit the competition to properly assess their strengths and weaknesses.

A Good Source of Advice

If you are seriously contemplating launching a commercial and industrial rental and leasing business, the next step is to talk to somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. What's in it for them?

But, a person who owns a commercial and industrial rental and leasing business in a location that is not competitive to you can be a great learning resource for you, as long as they don't view you as a competitive threat. Many business owners are happy to give advice to new entrepreneurs If you are persistent, you can find a business mentor who is willing to help you out.

What's the best way to find a commercial and industrial rental and leasing business manager that lives outside of your area?

Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.

Pros & Cons of Buying a Commercial & Industrial Rental & Leasing Business

Although there are significant benefits to buying a commercial and industrial rental and leasing business (rather than launching a startup), it's important to weigh the pros and cons before you commit to a purchase scenario.

PROs: Acquired commercial and industrial rental and leasing businesses should be profitable right out of the gate; they should also be capable of demonstrating a loyal customer base, brand identity and operational efficiencies.

DRAWBACKS: On the downside, commercial and industrial rental and leasing business acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.

Explore Franchising Options

The chances of thriving in your new business greatly improve when you join the ranks of franchisees rather than going it alone.

Before starting a commercial and industrial rental and leasing business, you should determine whether there are good franchise opportunities available that might make it easy to get started.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

Related Articles on Starting a Company

These additional resources regarding starting a business may be of interest to you.

Buying vs. Starting a Business

Questions to Ask Before Starting a Business


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Already Own a Commercial & Industrial Rental & Leasing Business?

If you currently own a commercial and industrial rental and leasing business, these resources will come in handy:

Marketing a Commercial and Industrial Rental and Leasing Business

Selling a Commercial and Industrial Rental and Leasing Business

Do You Sell to Commercial & Industrial Rental & Leasing Businesses?

If you sell to commercial and industrial rental and leasing businesses, you're in the wrong place. These resources are more appropriate for you:

Selling to Commercial and Industrial Rental and Leasing Businesses

Mailing Lists for Commercial and Industrial Rental and Leasing Businesses

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