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Car Rental Service Analysis - Essay Example

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Summary
The essay "Car Rental Service Analysis" focuses on the critical analysis of the major issues in the car rental service. Car rental businesses can be owned locally or as part of a national authorization. Some good locations where a car rental business can thrive are bus and train terminals…
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Car Rental Service Analysis
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Extract of sample "Car Rental Service Analysis"

Some of the skills required to manage a car rental company are decision-making skills, good communication skills and professional appearance.

Rental purposes –The manager can offer rental services to clients who want to use the car for a specific duration or travel long distances. The cars that are allocated for rental purposes should be heavy-duty vehicles or four-wheel drive vehicles like Land Cruiser, Range Rover and Jeep. These are quite effective for long distances and are quite comfortable. This type of vehicle can attract a wide range of customers.

Airport purposes- The manager of a car rental business can allocate some cars to offer transport for clients that arrive in the country and want transport. The types of cars that should be at the airport should be ostentatious so that they can attract customers. The type of cars that can be used at the airport include Mercedes Benz and New models of Toyota. The drivers should also be dressed properly and should be able to communicate with the customers very well.

Daily activities- The manager of the car rental service can offer services for clients that need their services within the town centre. VOGEL (2000) asserts that most of the clients that use the car rental service in their daily activities should be regular clients for this service (P. 54). This will mainly look for a specific group for example employees that work in a specific firm.

Security services-  The manager for the car rental services can offer some of the vehicles to be used for security services. Some of the vehicles can be used such as jeeps and Land cruiser. This car will be effective in offering security services to different clients.

I believe that a car rental service is a plausible investment that can make me a lot of money. If I can concentrate more on the two core markets include the tourist market and the business market, I will be able to get good returns. There is also an increase in car rental services as people and companies have chosen to use these services as they are affordable. I think that the four types of investments are good ideas as they will provide different methods of getting revenue. In my opinion, the car rental services will require a lot of money for start up but, the returns on investments are positive.

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