Starting your trailer rental business can be daunting if you do not know where to start. Luckily, there are many resources out there to help you in your new venture. Whether you are starting a side hustle or you want to eventually make this your full time gig, here are 3 tips that could help you in your journey!

Tip #1 : Do as much research as you can.

Do your research. This is the first tip for any business. If you are really thinking about diving into this, then look around and collect as much information you can about the business. Watch YouTube videos, join facebook groups, ask your friends and family how often they need a trailer. Do research in your area as well. See if other people are renting out their trailers near you. A great way to do this is to search your local facebook marketplace or just google trailer rentals near me.

Tip #2 : Start with what you have or start small.

Starting with what you have could be the best tip in this article. Let's say you already have a trailer sitting in your yard or driveway. You only use this trailer once a month at most. Well the easiest way to start in this business is to post it on facebook marketplace and see if you can get a rental. You will most likely get messages and start to understand how customers think. This is the most cost effective way to enter into your new side hustle.

If you do not have a trailer you can start with, I would look around at what your competition is renting in your area and see if you can compete with them. Based on Tip #1, if you did enough research, you should have found out what trailers are renting the best and start with that. There is no shame in starting with one trailer and gradually working your way up as demand calls for.

Tip #3 : Collect feedback and reviews.

Collecting feedback from your customers is a crucial part of your trailer rental business. Once you start renting trailers out, start asking your customers what would make their experience better. If they ask for straps or a winch or any extras like that, then start providing those things either for free or for an additional charge. You business will become better if you listen to your customers.

Ask your satisfied customers for 5 star reviews on google and facebook. If you have a business page set up, then ask for as many reviews as possible. This will boost your business and chance for better search results to people in your area. You business will start flourishing after 5 star reviews roll in!

Conclusion

Getting your trailer rental business off the ground does not have to be as difficult as you think. Be patient and be consistent and your small side hustle might just turn into your full time gig! Always remember that it is a business and if you want it to succeed, you have to put in the work. Now get out there and hustle!