Anonymous asked in Business & FinanceSmall Business · 4 weeks ago

I have $23k saved and want to start a car rental business, is this enough capital to start?

I've had an interest in the rental business and still learning the ins and outs of car rentals.

I'm 18 years old w/ a 702 credit score and I'm currently employed making $17 an hour, 40 hours a week.

I was thinking about leasing one car and renting it out then building from there..and hopefully turning into an exotic car rental business

1 Answer

  • A.J.
    Lv 7
    4 weeks ago

    You don't know enough to start a business like that. 

    Business plan, insurance, accounting, marketing, licensing as a starting point.

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