A car rental, hire car, or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations.
- Limited liability for shareholders.
- Well understood and accepted.
- Able to raise significant capital.
- Offset against future profits.
- Easy to sell and pass ownership.
- Profits can be reinvested & paid
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