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Jennifer Raney Herriage

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Sports Equipment Rental Business Plan

March 3, 2023 By JamesCall Leave a Comment


Sports Equipment Rental Business Plan


Velocipede/Snowpede Borrow Bank (VS), a Eugene rental company specializing on snowshoes, is based in Oregon. VS will offer rental of tandem, mountain, or road bikes as well as a variety size snowshoes. Bicycles will be the primary source of revenue from April through November. When the Willamette Valley gets its rains and snowfalls upon the Cascade Mountains in November, snowshoes will be the primary revenue source. Velocipede/Snowpede will provide customers with a detailed map/trip log for both snowshoes or bicycles. The customer will be able follow the trail and find amazing hiking and biking routes. Eugene is a good place to do these kinds of activities due to its enthusiastic cycling population and proximity the Cascade Mt. range.

Eugene has a few rental stores for snowshoes or bicycles. However, their primary line is retail. Renting can be an additional distraction. VS will continue to grow market share through their outstanding customer service. They will become profitable in nine months and generate $150,000 annually in revenue.

1.1 Objectives

The following objectives are set for the initial three years of operation

  • To create a service-based organization whose primary goal it to exceed customer’s expectations.
  • To increase the number or clients served by 20% per annum through superior performance.
  • To establish a viable start-up company that is able to survive off its own cash flow.

1.2 Mission

Velocipede/Snowpede Borrow Bank’s mission? To provide customers with snowshoe and bike rentals as well a suggestion of journeys. We are here to maintain and attract customers. When we adhere to this maxim, everything else will fall into place. Our services will meet or exceed customer expectations.


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Filed Under: Businnes Plan Tagged With: equipment, rental, sports

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“I have both bought and sold properties from Jennifer and I can highly recommend her without any reservation.  She is uniquely qualified due to her vast experience in not only the marketing of homes but also all aspects of ownership.  The result is a professional that adds value to the client beyond the associated cost of representation.” 
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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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