Spare parts for special equipment: where to start a business?

• Where to start: seven steps to a successful business Step one: look around
• Step two. Business plan
• Step three. Selecting a room
• Step four. Business registration
• Step five. Selection of equipment
• Step six. Recruitment
• Step seven. Advertising campaign

Special equipment rental business

in Russia has recently become more and more profitable. If two years ago, due to the recycling fee and the fall in the ruble exchange rate, prices for special equipment increased, and the market practically did not develop, but now the situation is completely different. Road repairs are underway, for which 533 billion rubles have been allocated this year alone, and a construction boom is sweeping across the country: despite the crisis, people are building country houses and cottages.

The programs of State Construction Corporations, such as “Turkish Stream”, “Power of Siberia”, have become a big plus for the development of the special equipment rental market. Construction covers more and more new zones and regions.

But technology, unfortunately, is not enough. The depreciation of the vehicle fleet is more than 70%. As for the technical equipment of construction companies, it does not reach 50%. Therefore, offers to rent special equipment are becoming more and more relevant. The fact is that for many entrepreneurs it is more profitable to rent special equipment for specific work than to purchase it with their own funds or with credit.

The cost of special equipment, especially imported equipment, which is in greatest demand, is quite high. And the rental price, even if the equipment is rented for several months, will not cause much damage to both private owners and construction companies.

On the one hand, the business of renting special equipment is quite complex and expensive. But the coin also has a flip side - rental of special equipment is developing in larger volumes than, for example, commerce. In addition, the special equipment rental market in Russia has not yet been fully formed and there is a chance to become one of its successful players. If you have not yet fully decided and are in doubt, then you should find out how to make money renting cars. If the decision has already been made, then we’ll talk about renting special equipment.

Where to start: seven steps to a successful business

Many industries today need special equipment. Of course, first of all, these are construction companies, road services, public utilities, and farmers. Recently, equipment has been actively rented for the construction of cottages. But you should take into account the seasonal nature of the business.

If an organization buys any piece of equipment, the company must use it constantly. We purchased an excavator - therefore, it will be used always and everywhere, as they say, to the fullest. If we talk about renting, you can rent a mini excavator when there is no need for a large one. Or a backhoe loader, if necessary. That is, you can use technology with greater efficiency. This is what companies take into account.

Step one: look around

However, before starting your own business you need to take the first and main step :

analyze the market and find potential customers. You can call construction companies and utility services of the city or area where you plan to open a business. This way you will have the opportunity not only to find clients, but also to find out what kind of equipment they need and what is best to purchase.

The business of renting special equipment is not easy. You need to make big investments, find premises, incur certain maintenance costs and also take into account some nuances.

Step two. Business plan

It is necessary to draw up a competent business plan. Only a well-thought-out business plan will help determine the stages of a new project, correctly calculate costs and think through risks.

Step three. Selecting a room

Then you will need to think about where the equipment will be located. For this purpose, you can rent a site at a car depot or on the territory of a transport company. The main thing here is the presence of an enclosed space and a convenient road junction.

If it is impossible to find a room in a populated area that meets the necessary requirements, you can build it. It is more profitable to invest certain funds in construction than to leave equipment in the open air and without proper care.

Step four. Business registration

The business must be registered. The main thing here is to choose what to prefer: individual entrepreneur or LLC

. Much will depend on who exactly you work with. If with individuals, then it is better to go with the first option and register an individual entrepreneur. If you plan to cooperate with legal entities, then you will need to open an LLC, which in this case is more prudent and can bring good income.

Opening an individual entrepreneur on your own in 2020 is not a problem. But if individual entrepreneurs can use a simplified taxation system, then a general system is more suitable for an LLC, since customers most likely will not want to lose VAT. When registering a business, you must indicate the OKVED code. There are 2 options here. If you want to rent out special equipment without a driver, you must enter the OKVED code - 77.32, rental and leasing of construction machinery and equipment. If equipment is handed over with people, then you need to focus on OKVED code 43, and select further numbers based on the services provided - from dismantling various buildings to finishing houses. It is better to indicate several types of activities at once. You can download the complete OKVED directory and choose the codes that suit your business at your leisure.

Step five. Selection of equipment

They prefer to rent imported special equipment. This especially applies to road construction companies that choose foreign machines due to high requirements for road quality. With good maintenance, even under constant use, the equipment will work for an average of 5-7 years.

Domestic manufacturers, unfortunately, have little interest in renting and leasing, and the quality of the cars they produce leaves much to be desired. As a result, Russian equipment is not in great demand and is used more for minor work.

An important point is the registration of special equipment with Gostekhnadzor. All road construction equipment with an engine capacity of more than 50 centimeters per cube must be registered. For registration you will need to pay a state duty - 1900 rubles. Insurance will range from 1% to 3% of the cost of special equipment.

Step six. Recruitment

For the business of renting special equipment, personnel selection is very important, as it:

• more profitable (rental cost increases significantly);
• ensures a more careful attitude towards technology.

It is possible that some funds will have to be spent on employee training, but this is not necessary. An alternative is to find experienced operators who already have a certificate of completion of specialized training. It is also necessary for employees to pass a medical examination, since working for a specialist. equipment requires good health.

If the fleet is large, you will need a customer service manager, dispatcher and accountant. The latter can work on outsourcing.

Step seven. Advertising campaign

To be successful, you need to make a good marketing campaign. You can place advertisements in any way:

• on business portals, bulletin boards, use outdoor advertising - signs, billboards, banners;
• create your website;
• communicate with clients personally, talking about the benefits of renting.

It would be a good idea to attend thematic exhibitions and fairs for small and medium-sized businesses, where you can demonstrate the services of your company. There is also a chance not only to express yourself, but also to make many useful contacts.

In order for a business to develop faster, it makes sense to provide the opportunity to lease or buy out equipment at a profitable price.

Franchise price and terms of cooperation

Three formats of the SpetsTech franchise are offered: Standard, Ready-made business, Ready-made business Plus. They differ in price and exclusivity of representation.

According to the franchising agreement, the company does not sell a franchise in a specified city in Russia for the first 3, 6, 9 months of operation of the new partner. The businessman uses the advantage to develop, consolidate positions, and develop strengths. Having paid the cost of the franchise, the entrepreneur receives:

• cooperation with the leader of this segment;
• selling functional website;
• step-by-step instructions for running a profitable business;
• the right to use a corporate dispatch service;
• organizing incoming calls;
• willing to cooperate customers;
• access to a black list of clients who have been dishonest;
• base of performers, wide representation of equipment;
• brand book, sources for marketing materials;
• contextual online advertising;
• consultations with company specialists through a closed community on the corporate resource;
• interaction with the head office, exchange of experience with successful branches;
• developed mobile application for processing applications;
• twice a month – online meetings with colleagues working in franchising;
• the opportunity to earn money by collaborating with manufacturers of building materials;
• personnel are trained in accordance with corporate standards.

Read also:

Riegle franchise

The task of a businessman is to analyze the requests of customers and the capabilities of performers, to connect the two sides with the greatest benefit. A percentage of the transaction is the franchisee's earnings.

By signing a franchising agreement, an entrepreneur receives a database of customer acquisition channels. An additional agreement is signed with potential partners. The franchisee fulfills the requirements:

1. compliance with the terms of the franchise agreement;
2. desire to get quick results;
3. opens a business in a region of Russia with a population of at least 200 thousand people;
4. Places advertisements independently;
5. Entrepreneurial experience is desirable;
6. solvency.

The franchise buyer has the right to make ideas and suggestions that will help improve the business model. At an affordable price, a partner starts a profitable business, starts quickly, and develops dynamically.

TOP 5 types of the most popular special equipment

Special equipment is divided into several categories:

• lifting equipment;
• construction equipment;
• agricultural machinery.

One of the most popular rental items, of course, is the crane.

, which can be used both for lifting cargo and for transporting it.

a backhoe loader is almost as popular.

. Its advantage is that it can not only dig the ground, regardless of the season, but also perform loading and unloading operations. If the backhoe loader is equipped with an impact hydraulic hammer, this further expands its functionality.

Almost everywhere you need to rent a dump truck

, which is indispensable when transporting bulk cargo.
The aerial platform
is in great demand ; it is rented not only by builders, but also by utility companies.

Bulldozer is also quoted

. It is used for laying communications, building roads, backfilling pits and landscaping areas. For example, the D-75 bulldozer can be rented by both public utilities for clearing areas and road construction.

But, of course, a lot depends on the region and the amount you can afford to invest in the business. Typically, an excavator and a truck crane pay for themselves quite quickly and bring a good profit. It is better to take a Chinese dump truck. For 1,500,000 million you can buy a quite decent (not new!) dump truck, and an aerial platform can be purchased for 2.5 million rubles.

Much will depend on the specific region and the demand for this or that special equipment in it. “At the peak” there may well be tractors for clearing streets, in coastal areas - silt suckers, and in some areas - drilling rigs. For these reasons, it is better to design a park based on the needs of the region and one’s own capabilities.

Categories of special equipment

A huge assortment of special vehicles implies the presence of a fairly wide and ramified classification.

The most clear and understandable is the distinction between special equipment for performing a certain type of work and services.

Main categories of special equipment:

• Road or work;
• Construction;
• Communal or city;
• Productive;
• Automotive special equipment (transport);
• Special equipment for field development;
• Lifting special equipment;
• Military;
• Rescue equipment;
• Agricultural;
• Forestry special equipment;
• Research;
• Special equipment of the security services of the Ministry of Internal Affairs and other law enforcement services.

Road special equipment

Judging by the name, it is easy to guess that these special machines have found their application in the construction and repair of roads. They are used for laying asphalt pavement and rail beds. Due to the constant expansion of the road network, as well as the need for regular repairs of existing roads, special road equipment is in high demand. It is not surprising that the range of these machines is quite wide.

Road special equipment is used not only for the direct laying of external pavement; this category also includes machines that clear space for a road under construction, level the site, and lay out base layers (sand, gravel, mesh, resin, etc.).

• Grader. These machines are used in the initial stages of road construction. Their main task is to prepare the soil, carefully level it and install slopes.
• Asphalt paver. Their main function is to work with asphalt concrete mixture at the stage of its initial laying. The asphalt paver places the mixture on the prepared surface, carefully levels it and pre-compacts it.
• Ice rink. After the asphalt paver has laid out and preliminarily leveled and compacted the asphalt concrete mixture, it is time for the roller to operate. The main function of these special machines is the final compaction and compaction of the external road surface.
• Marking machines. Highly specialized vehicles for applying markings to the road surface. If road markings need to be updated or replaced, demarkers are used to remove old markings on the road.
• Road milling machines. Remove the old layer of asphalt during repair work.

Important

It is obvious that not only special road equipment is used for road construction. To deliver materials to the road laying site, cargo and construction equipment such as dump trucks, trucks, cranes for laying pipes under the road, etc. are used.

Construction equipment

The construction industry has an incredible variety of areas. If finishing work is carried out mainly manually (using special tools), then it is difficult to imagine capital construction without the use of special equipment.

Conventionally, all types of construction special machines can be divided into several categories:

For excavation work

Before starting to build a facility, it is necessary to prepare the site for construction. Depending on the type of work, preparation may include leveling the soil, removing the top layer of soil, digging a pit, etc. This classification category includes:

• excavators (the main working element is a bucket) tracked and wheeled, bulldozer, chain, rotary, quarry, mini-excavators, excavators with loader function;
• bulldozers (the main working element is the blade), tracked and wheeled, with a rotating fixed blade or universal;
• graders (the main working element is a blade with a knife), tracked and wheeled. They are used to remove the top layer of soil, as well as to level the site.

For transportation

After the construction site is cleared and the soil is prepared, it is necessary to deliver all the necessary materials and tools to the site. The following machines fall into this category:

• Dump trucks are wheeled vehicles with a large load capacity. The main feature of these machines is an automatic dump body, which ensures the simplest possible unloading, especially when it comes to bulk materials and construction mixtures.
• Loaders. On a construction site, it is often necessary to transport tools and materials from place to place. In order to simplify the process of loading and unloading trucks as much as possible, forklifts are used in construction. There are many modifications of these machines with special attachments used depending on the type of load (telescopic, forklifts), mini-loaders for working in a small space.
• Construction cranes. The main task of this type of special equipment is to deliver building materials to great heights. The use of a construction crane is advisable during the construction of tall buildings or objects significantly buried in the ground. Depending on the method of movement, cranes can be crawler or wheeled. According to their configuration and scope of use, truck cranes are divided into mast, telescopic, tower, hoists, manipulators, etc.
• For the preparation of building mixtures. The most famous example of such a machine is a concrete mixer. This special equipment allows you not only to mix cement and other bulk materials in the required proportions, but also ensures delivery of the mixture directly to the place of use.

Among other things, there is special equipment for drilling wells, installing piles, and disposing of construction waste.

City special equipment, municipal

This subtype includes special machines designed to perform a number of works on maintaining urban infrastructure. The range of municipal equipment is quite wide:

• Garbage trucks. These machines perform several functions: collecting waste, compacting and pressing it, and transporting it to the disposal site. Modern garbage trucks are equipped with rear-loading volumetric bodies, although you can still see older models with a bucket that loads waste through an opening in the top of the body.
• Special machines for cleaning roads. They do an excellent job of cleaning the road surface from large and small debris, dust, and sand. Some of them are equipped with the function of watering the road after cleaning it from dirt.
• Snow removal equipment (tracked and wheeled). These units can have completely different dimensions and power, depending on the climatic conditions in which they are used. In the northern regions, characterized by long winters, snow removal equipment operates for at least 5 months of the year, clearing snow debris and thereby ensuring safety on the roads. Large snow blowers are used to clear the roadway, while small units help remove snow from sidewalks and walkways.
• Watering machines. They are used for watering flower beds, lawns, parklands, as well as for maintaining the optimal temperature of the asphalt road surface during heat (at temperatures above 30 degrees, asphalt loses its strength qualities, becomes plastic and pliable, as a result of which, when heavy vehicles move on it, it deforms and eventually completely collapses).
• Autotowers. Machines equipped with a telescopic boom with a cradle at the end. Used for installing signs, repairing street lighting equipment, etc.

Important

Each type of machine performs a specific function and is not intended for use in other industries. For example, municipal garbage trucks are not designed for work on construction sites and cannot carry out construction waste removal work.

Industrial special equipment

This includes special machines and equipment designed to serve all industries: mining, forestry, manufacturing, engineering, etc.:

• Loaders (bucket, fork, platform, mini-manipulators).
• Special drilling equipment (an expanded set of equipment designed for drilling wells in the ground). Drilling stations can be either mobile or stationary.
• Special equipment for quarrying.
• Special equipment for the development of mineral deposits.
• Forestry equipment.

Important

The category Industrial special equipment includes a huge number of machines used in various industries. That is why a different approach to this classification is often used: special equipment for mining and special logging equipment are distinguished separately.

Special equipment for field development

Judging by the name, it is easy to guess that this category includes machines and equipment involved in the development of a mineral deposit:

• Wheeled and tracked drilling machines, drilling masts.
• Machines designed for quarrying bulldozers excavators.
• Machines for laying pipes.
• Machines for installing piles.

Important

Due to objective reasons, such as difficult terrain, lack of roads, loose, waterlogged soil, special equipment for mining is most often equipped with tracked shafts, since equipment on wheels does not always cope with the task.

Forestry special equipment

This category includes machines performing logging work, as well as equipment used for planting forest areas.

• Forwarders. Special machines that perform the function of loading, preliminary partial sorting and transportation of timber.
• Harvesters. Machines used for felling timber. Their use greatly speeds up the wood harvesting process.
• Planters. Special vehicles that perform the main work in the process of planting new trees. With their help, trenches are dug, seedlings are distributed, and the procedure for compacting the earth is performed.
• Shredders. During the logging process, after finishing cutting down a certain area, it becomes necessary to remove branches and wood debris. This task is quickly and efficiently handled by shredders that grind the remains of trunks and branches into small chips.
• Timber trucks. Trucks equipped with a specially equipped platform, designed to transport timber from the harvesting site to the processing point.

Important

Forestry special equipment, as well as machines for mining, are most often equipped with tracks instead of wheels to achieve better maneuverability in the forest area.

Transport cargo special equipment

These special vehicles are designed exclusively for transporting and towing cargo. Transport cargo special equipment has many categories and varieties depending on the scope of application:

• Ground transport special equipment (automotive): all types of trucks (truck tractors with semi-trailers and tilt trailers, platforms, tanks, refrigerators, etc.), tugs, tow trucks, etc.
• Water transport special equipment: barges, cargo ships, tankers.
• Air transport special equipment: cargo planes and helicopters.

Important

Often, special transport equipment is used to move other machines (stationary, large) from place to place.

Lifting equipment

This type of machine stands out in a separate category, although in fact, special lifting equipment is used in many industries (construction, road, mining). It’s easy to guess that these units are used to lift loads to great heights:

• All types of cranes;
• Towers;
• Manipulators, lifts and elevators.

Military

Military special equipment, as such, in peacetime is used exclusively in the process of preparing military personnel to participate in hostilities. During military operations, military vehicles are used to deter aggression and protect civilians from unlawful actions of the enemy.

Military special equipment is often used to carry out operations to eliminate civil threats (detaining dangerous armed criminals, transporting accidentally discovered military shells, etc.).

Among the special equipment used by the military are the following units:

• Armored personnel carriers (APC);
• Infantry fighting vehicles (IFVs);
• Tanks (tracked and wheeled);
• Aircraft;
• Ships;
• Rocket launchers.

In order to ensure the security of the state's borders, military equipment is regularly checked and maintained in working condition so that, if necessary, it can be put into action as soon as possible.

Special purpose equipment (rescue)

This category of special equipment includes machines used in the process of eliminating any emergency situations:

• Firefighting special vehicles (tank trucks, lifts, powder fire extinguishing vehicles, pumping stations, trailers for foam concentrates), aerial equipment.
• Rescue special equipment, rescue boats and boats, emergency vehicles.
• Medical special equipment: ambulances, helicopters, equipped for the rapid transportation of patients over long distances.
• Special equipment of the Ministry of Internal Affairs, police cars, booths for transporting convicts, etc.

Port technical devices

Sea freight is one of the most popular methods of transportation. In order to ensure the safety of cargo, a huge number of special machines and technical means are used:

• Loaders and reloaders. Used to move cargo and containers onto ship platforms.
• All types of port cranes. They are used for loading containers onto sea vessels or from ships to port sites.
• Barges, harbor tractors, etc.

Agricultural special equipment

The agricultural industry is extremely important for the country's economy. Agriculture provides raw materials and products to all production areas without exception.

The main transport used in agriculture is a tractor. The main indicators that make these machines indispensable for performing all types of agricultural work are high power. Tractors are not distinguished by high levels of maneuverability and speed, but they are capable of carrying heavy loads when using various attachments; they perform work on soil preparation, sowing, harvesting, servicing livestock, etc.

The following types of agricultural implements are used as tractor attachments:

• Seeders;
• Diggers;
• Mowers;
• Plows;
• Cultivators;
• Separators;
• Pitchforks, etc.

An agricultural combine is a universal machine capable of performing several functions. As a rule, combine harvesters are large-sized vehicles characterized by extremely low speed (no more than 30 km/h). An example is a grain harvester. This unit performs work on harvesting grain crops, threshing ears, separating grain from straw, and transporting from the harvesting site to the storage point.

In addition to tractors and combines, the category of agricultural special equipment includes milking machines, milk tankers, elevators (designed for storing grain), auto mills (grinding grain).

Special-purpose agricultural machinery can be either wheeled (more maneuverable, can move on general roads) or tracked (characterized by increased cross-country ability and power).

Research special equipment

No matter how much people strive to learn all the secrets of our planet, today only about 30% of its surface has been studied. If we talk about land, here people have achieved significant success, having studied it to 98%. But areas of the Earth covered with water are still a big mystery to us. And what can we say about outer space? This sphere is a blank slate for us, knowledge about which is quite generalized and vague.

Due to the limited capabilities of humans in terms of exploring the territories of earth, water and space, modern scientific laboratories regularly develop special machines capable of performing this complex work for people.

Research equipment can operate in conditions unfavorable for humans: polluted air, poor visibility, and hazardous areas. Before setting off to explore the ocean floor, a cave or a mountain fissure, scientists send special drones there that preliminarily assess the level of danger, make the necessary measurements, and take samples. It was thanks to special research equipment that people obtained soil samples from the surface of the moon.

Examples of special research equipment include lunar rovers, research sea vessels, and specially equipped ground complexes.

How much money do you need to start a business?

When organizing a business, it is best to start with a minimum amount of the most popular equipment. Before purchasing a piece of special equipment, you need to carefully analyze the demand for it. There is equipment that will always be in demand in all regions. But, let’s say, if you know that the region needs highly specialized equipment, then you can bet on it.

But, let’s say, if you know that the region needs highly specialized machines, then you can bet on it.

If you want to save money, you can purchase units that will quickly break down, so you need to understand them well and pay attention to the products of market leaders. The ranking of the most reliable manufacturers of special equipment includes Caterpillar, Komatsu, Hitachi, Volvo, Jhon Deere, Doosan and others. The first three produce 50% of the world's special equipment.

• Caterpillar makes it possible not only to purchase new and used equipment and spare parts, but also provides special equipment for rent. Operates under the famous brand [email protected] ;

• Komatsu produces construction, mining and warehouse equipment;

• Hitachi offers special equipment for a wide range of works: cranes, dump trucks, loaders, excavators: from mini to large;

• Volvo leases excavators on special terms and offers a wide selection of various equipment from asphalt and pipe layers to forwarders and harvesters;

• Jhon Deere specializes in the production of construction equipment and has five premium brands;

• Doosan produces reliable and inexpensive equipment that is easy to operate and maintain.

Let's try to calculate approximately how much money it will take to open your own business renting special equipment.

Purchase of equipment, 3 units in total:

Additional (current) expenses per month:

That is, to start a serious business renting special equipment, you will need about 6.5 million rubles.

You can start with a simpler option: buy only one working unit. Let’s say, on average, a good backhoe loader costs 2,000,000 rubles. This amount includes parking rental and service. In total, to start a business you will need approximately 2,200,000 rubles.

Another question that may arise when organizing a business is: where to get money for a startup, since the purchase of such expensive equipment requires a substantial cash injection, which cannot always be found in your pocket. Here you need to either resort to a loan, or, if you are confident in earning money, buy equipment in installments.

Brief summary of the project

The investor’s goal is to open a freight service station in a city with a population of 400,000 people. The total investment volume is 5 million rubles. The source of financing is the business organizer’s own funds (3 million) and a bank loan (2 million). The loan is taken out for 5 years at 10% per annum. Monthly payments on debt obligations will be 50,000 rubles.

The chosen organizational form is LLC, since cooperation is planned with both individuals and legal entities, owners of automobile enterprises. The tax regime is simplified with a deduction rate of 15% of profits (income minus expenses).

List of service stations

The cargo service station provides diagnostics and repair services for components and assemblies:

• gearboxes;
• transmissions;
• engine;
• electrical equipment;
• brake system;
• body;
• beams;
• wheels, disks;
• radiators.

The company performs welding work, paints trucks and re-equips them. It is possible to install fuel tanks of larger capacity and install handling devices.

How to start a business with minimal risks

Unfortunately, the business of renting special equipment has its own risks. What factors can be attributed to them?

Competition.

In this market segment it is quite tough. On one side, there are dealer centers and old-timers in the market, who can provide a large selection of branded equipment. On the other hand, there are road construction and oil and gas enterprises. Their equipment is of high quality, but they are rented out either on a residual basis (take what we don’t need now) or with a subsequent purchase. But few companies can boast of a wide range of rental cars.

Dependence on the situation on the construction market

, which can change at any moment.

High percentage of non-payments or late payments

. This is one of the main risks that tenants have to face.

It's a little easier to run a franchise business. Franchising will help reduce risks somewhat, but will still require substantial investment. There are not many franchises for renting special equipment on the Russian market. These include the following.

Franchise No. 1 “ Tehsil of the Russian Federation ”

The franchise is based on dispatch. At the start you need to invest 90 thousand rubles, royalties - 2000 rubles. The investment should pay off in three months.

Franchise No. 2. “ Special equipment ”

The franchise is also based on dispatcher services. In such a franchise you need to invest 64 thousand rubles. As for royalties, you need to pay 5% of the profit every three months. All investments should pay off in 3-4 months.

Franchise No. 3 “ StroyTaxi ”

The main activity is the provision of rental services for special equipment. A franchise involves an investment of 30 thousand rubles and a payback period of four months.

Whether to choose franchising or start a business from scratch, you need to think carefully, weighing all the pros and cons.

Market analysis, competition assessment

Before you begin to implement the idea of ​​opening a service station, you need to analyze the state of the market, supply and demand for truck repair services in the city and its surroundings. It is important to assess the level of competition. As a rule, there are few worthy rivals in this business, but you still need to find out:

• which service stations provide such services;
• who are the main clients of competing firms;
• what equipment they use;
• study their price list;
• identify their strengths and weaknesses.

The information obtained will help you assess your strengths and avoid the mistakes of competitors when organizing a business. The main difficulty that a new entrepreneur may face is finding clients. Trucks most often belong to the owners of automobile enterprises, and not to private individuals.

Which business format do you prefer?

There are several alternative business formats for renting special equipment, each of which has the right to exist.

1. Purchasing your own special equipment
   (several in-demand units) for rent. This is the most expensive, but more reliable option.
2. Sublease of rented special equipment.
   The option is interesting, and construction companies most often resort to it.
3. Purchase and rental of a unit of special equipment
   . This option will require less expense, but it is advisable that you yourself can work on the equipment you purchased.

Which type to prefer is up to you. The main thing is that your investments bring you a good income. Investments should always be made wisely. And if you are serious about investing, it doesn’t hurt to find out how to make money investing in real estate. Perhaps this will be the next step towards your financial independence.

Possible business threats

The development of the project is influenced by both internal and external factors. Business risks include:

• destabilization of the economic situation in the region;
• rising prices for spare parts;
• emergence of new strong competitors;
• rent increases;
• early termination of the lease agreement;
• reduction in supplies of spare parts due to increased customs duties;
• loss of reputation of a car service due to poor quality work;
• equipment breakdown;
• force majeure circumstances.

It is important to come up with ways to minimize these risks at the planning stage.