According to a recent article published by the Rental Equipment Register, the RER Top 100 list of companies happily reports a record breaking $21.9 billion in rental volume, an increase of over 13% over last year. The top 10 of the 100 companies saw over 17% in increases. Key players in the rental industry are acknowledging more construction and relief in the oil and gas markets for these unprecedented gains. This optimism is echoing throughout the whole industry, with companies making investments into new equipment, experiencing low inflation, lower taxes, and enjoying solid returns.
Of course, no success comes without challenges. Increased competition and rising fuel prices are a concern for many in the industry, while others struggle with long waits for new equipment. Despite these obstacles, the overall outlook for the rental space is positive. And is a reminder that it is now more important than ever to have a business management software solution that can grow and change with your business.
Contact RMI Corporation today at 800-252-5011 x1 or firstname.lastname@example.org to learn more about how to improve productivity and increase efficiency with the award winning ADVANTAGE Software Solution. It just may be your key to also cash in on this rapidly expanding market.