Compared to an ordinary wheelchair, the benefit of an electric wheelchair is the potential to be operated by the person sitting in it without exerting considerable energy. There are some factors to take into consideration before starting an electric wheelchair rental business.
These include existing firms that have identical offers for their customers. Selecting the correct electric wheelchair models might provide you an edge over your competitors as well.
Through this article, many of your questions regarding the electric wheelchair rental business will be answered and you will easily be able to set up your own business successfully.
What are the basic things to consider before starting an electric wheelchair rental business? The foremost thing that you need to ponder over before starting an electric wheelchair rental business is to ask yourself if you have enough space to store the wheelchairs.
Before they can be rented, you should always have a covered space like a garage or a storage room where you can safely store your wheelchairs. Secondly, you should have investment money at hand before starting this business so that you can buy wheelchairs.
Both these factors are extremely important as without these you won’t possibly be able to start your business.
Which wheelchair model to select for the rental business?
It is essential to have awareness about electric wheelchair models before you can buy them for your business. To deeply understand and have knowledge about electric wheelchairs, you may search for electric wheelchair reviews.
To briefly learn about the types of electric wheelchair models, you may read on.
Rear-wheel drive wheelchairs
The conventional style wheelchair is another name for this kind of wheelchair. Of the other three wheelchairs, this one is the most well-known one. They’re speedier than front-wheel ones as well, but they can’t turn in the way that front-wheel and mid-wheel variants can.
Front-wheel drive wheelchairs
Because of their increased turning capabilities, they are now becoming more widespread. However, as compared to rear-wheel drive, this type has a slower speed.
Mid-wheel drive wheelchairs
This model outperforms the others in terms of acceleration and turning capabilities, although it can be shaky while stopping and resuming. This model features caster wheels in the back and anti-tip wheels in the front, therefore it can’t be used on rough terrain.
Out of these three models, you need to choose the one the customers would prefer more. To understand the customer’s choice, you first need to buy a piece of all three models and then start renting.
The model which will be rented out more often is the one you need to get more pieces of to enhance your business.
Should you get insurance to start your e-wheelchair rental business?
Insurance is a must to get when you decide on starting an electric wheelchair renting business.
Once your wheelchair is with the customer, you can’t protect it. Customers won’t take care of your wheelchair the way you yourself will and hence, there is a huge possibility that they might accidentally damage it.
It is best to get your electric wheelchair’s insurance from a firm that has a good policy and is also well-known in the market.
How should I maintain the electric wheelchairs for my business?
Wheelchairs need to be maintained to keep them in proper working order. You should inspect the wheelchairs’ functionality on a regular basis. Examine the wheelchairs visually and look for any elements that appear to be defective.
Ensure that wire is kept clear of wheels, gears, and belts to avoid becoming entangled. One technique to determine whether there is an issue with the motor is to listen to the sound it makes.
If you hear strange or excessive sounds, you should investigate what is the origin of the trouble right away.
You must also inspect for faulty cables on a regular basis to ensure that all of them are securely in place. This is necessary since you don’t want clients to change the wiring connections accidentally.
Footrests, detachable backs, tilt systems, plus customizable armrests should all be inspected on a regular basis to ensure that they last as long as possible.
Is registration necessary before you can start your business?
Registration before starting a small business is extremely necessary. You can search and find articles online which will guide you on how to register for a small business. Furthermore, you can also register on online sites where you can simply start getting clients right after registration.
Keep in mind that this registration has nothing in common with the aforementioned government registration of a small business. This registration however has a drawback that you might need to pay the company a certain percent of the money you get from your customers.
How should I market my electric wheelchair renting business?
It is not an easy job to market your business but today due to excessive use of social media, marketing products and businesses has become a lot more simple. You need to have strategies and a marketing plan to help your business grow. You can take help from a successful entrepreneur in this case.
As explained above, you may also register yourself with an already well-running company and get customers instantly. If you have a rental shop, you can paste huge flyers that include attractive deals and discount offers in order to grab the attention of the customers. Are there advantages of collaborating with an electric wheelchair production company?
Partnering with a competent electric wheelchair manufacturer might help your firm get a competitive advantage in the industry. The wheelchair is the most important part of your business. You need to keep it in good working order for the long term. A reputable electric wheelchair manufacturer has the capability to give you higher-quality electric wheelchairs.
Would you need to pay tax for your small business?
Yes, according to the SBA, normally small businesses pay an average federal tax rate of about 19.8% to the US government.
Hopefully, all your queries are answered and you won’t have an issue starting your own electric wheelchair rental business.