To start a car rental business, you will need a fleet of vehicles, the appropriate licenses and insurance, and a suitable location.
There are a few potential risks of making money with a car rental business. For example, if you don't manage your fleet properly, you could end up with too many or too few vehicles. Not to mention, you'll need to keep up with maintenance and repairs on the cars. You'll also need to insure your vehicles and have a good understanding of the laws and regulations in your area. If you don't handle these things properly, your business could quickly become a money pit.