When you want to start a business, a rental bike can be one great option of many alternatives that you can choose from. Since biking now becomes more and more popular activity, having bike rental business will potentially lead you to earn a lot of money. If you are interested to run this kind of business, you can check out the following information about starting a bike rental business.
The first thing that you need to consider before you run this profitable business is to look for the biking area which is mostly used by many bikers. Try to choose the strategic area near the biking area so that the bikers will be easier to find your rental store GoldCoast Bike Hire.
Secondly, you have to buy several units of bicycles including the accessories like helmet, glasses, and other equipments that support the unit. Make sure that bicycles you are going to buy are surely in good condition. It is better for you to buy new bicycles so that you can get guarantee of quality. Besides, you have to make sure that all your bicycles are safely to ride.
Thirdly, you need to determine the price rate to rent your bicycles. Do not offer too expensive price that can make customers think hundred times to come to your bike rental. You can try to compare the price among other bike rentals and make an average price so that you will meet the normal price of it.
Lastly, you need to advertise your rental. You can make brochure or poster which contains the name, location, phone number, and services offered of your bike rental. Do not forget to add picture of bicycles you want to rent. Make your advertisement to be more attractive so that customers will be fascinated to come to your bike rental. Good luck!