Incoming Recession? How to Economy-Proof Your Equipment Rental Business
Incoming recession? Or perhaps, more uncommon, and unchartered economic waters? Either way, you need to arm your equipment rental business for what’s ahead and we’re here to help you prepare.
In this whitepaper, we share insight on the risks of a recession and stagflation, what indicators to watch for, and how you can start protecting your equipment rental operations in advance. From defending margins to preserving the balance sheet, you will learn:
- Looking at the indicators and risks of an economic storm
- How a recession and stagflation are different, and why it matters for the equipment rental market
- 7 steps to preparing your rental business for economic disturbance
- How to leverage technology when economy-proofing your business