Most say $100
im thinking of starting a rental buisness on lake Ontario
Help me out plz
2006-10-12 17:10:10 · 1 answers · asked by ziperca2000 1 in Business & Finance ➔ Small Business
A flat $100 may seem a bit steep for most people. Most will not want to rent it for an entire day ... Offer a number of options ..for example do it by the hour rather than by the day ..or say for 3 hours at $15.00 per hour..ie. $45.00, or 1/2 day for $50.00 or a whole day for $95.00. Always remember with pricing that $99.00 sounds better that $100.00 even though that is just 1 buck less ..so discount it by a buck and make more sales! To see if your pricing would work CHECK to see how much other recreational rentals run in the area..for example bike rentals, skate rentals, paddle boat rentals, etc.
Sounds like a good business idea..good luck!
2006-10-12 17:36:37 · answer #1 · answered by MeInUSA 5 · 0⤊ 0⤋