Dallas Imbimbo, a gifted entrepreneur, was surrounded by great businessmen from his early childhood. By the age of 12, he had his own business.
While he was still in college at the University of California-Davis, he ventured into Pack My Dorm. This was a platform for connecting moving firms with students moving in and out of their dorms. He sold this company to one of his regional moving and storage companies after running it for a while. Currently, this particular business is based in Orange Country, where he is working to revolutionize the game in the equipment rental industry with his latest venture, BigRentz. This is the place where he met his business partner Stephen Jesson who pointed out that no one was renting heavy equipment online. On which his first reaction was – “Let’s Do It.”
Soon with the support of his old friend and high school basketball teammate, Nick Kovacevich, the trio purchased domains such as forkliftrental.com, scissorliftrental.com, discountliftrental.com, and many more to step into the online equipment rental market.
They confirmed their concept by filling rental orders with local companies during the following year. When they started earning national-level contracts with the top rental businesses, they felt they were onto something big.
Imbimbo worked quickly to scale the firm. The domains and business units were merged into what is now known as BigRentz. More than two years after its founding, the company hired its first engineer in 2014 to begin developing the technology required for scalability.
How does Bigrentz work?
When a customer places an order with BigRentz, whether through the website or by phone call, it is routed to a queue of tasks within the QuickRentz system. The tasks to be done are ordered sources and calls that need to be made to clients or rental suppliers. When a member of the BigRentz team completes one task, he/she is immediately assigned to the next most important task in the system. This seems to be the most pressing task in the system. When the task is an order, a member of the sourcing team sends it to suppliers near the customer.
A text message and an email with a link to the order are then sent to the suppliers. The link provides all of the necessary information to the provider, including what machine is required, where and when it is required, and the rate BigRentz is willing to pay the rental house for it. A supplier then has the option of accepting or declining the order, and if no supplier claims an order, then the sourcing team at BigRentz starts making phone calls to suppliers.
Not only is it simple to sort prices and order a machine via Bigrentz but also it is super convenient to access the company’s customer interface, which is where the portal shines. You’ll receive a text message and an email with a link to this portal as soon as you place an order, making it simple to track the progress of your order, extend a rental once it’s in process, and terminate a rental.
And in addition to keeping BigRentz’s previously chaotic spreadsheet-based procedure in order, the technology also mines a lot of valuable data about the equipment rental industry across the United States. They also share everything with their suppliers to provide them with valuable knowledge about the industry.
The data that Bigrentz provides to its suppliers is crucial. They can already see their market on a local level. BigRentz can discover what machines are most needed by aggregating the reasons why suppliers can’t accept a rental, whether it’s due to rate or supply, in addition to recognizing what machines are renting well in various sections of the country.
Conclusion
According to research, the global construction equipment rental market is estimated to reach 250.4 billion, at a CAGR of 3.8 between 2021 and 2026. This data showcases the humongous profit in the equipment rental marketplace in the coming years. Renting equipment makes economic sense as it saves a comparatively huge amount of cost of buying new equipment and also brings down frequent expenses such as labor, maintenance, and operational costs.
With current sales of $37.43 billion in 2020-21 and expected revenue of $42.6 billion in 2024, the equipment rental industry is a substantial contributor to the US economy. This estimate includes short-term rental and leasing initiatives, showing that overall equipment rental activities are expected to rise.
If you are willing to launch a heavy equipment rental platform similar to Bigrentz, Ncrypted Technologies has the right solutions like equipment rental script which is developed by our capable and innovative workforce. We offer customized and innovative features as per your requirement to let you launch a successful equipment rental platform.
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QuickBooks Error 1722 causes sluggish behavior in the system that leads to a decrease in system efficiency.
This error leads to states where the system freezes for a couple of minutes
System Implementation is the process that actually yields the lowest-level system elements in the system hierarchy (system breakdown structure).
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Production involves the hardware fabrication processes of forming, removing, joining, and finishing, the software realization processes of coding and testing, or the operational procedures development processes for operators' roles.
If implementation involves a production process, a manufacturing system which uses the established technical and management processes may be required.
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QuickBooks Update Error 12007 occurs when system files are misconfigured due to which causes registry errors in your operating system.
This error generally affects your system due to the QuickBooks update timeout.
Another reason may be that your QuickBooks account is blocked from accessing the server.
In QuickBooks, these kinds of error are common which occurs while downloading the QuickBooks payroll update.
Due to this the system becomes unresponsive and starts the hanging system.
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