Rental Management 301: Advanced Rental-Workbook

Workbook

Pdf Summary

This document is a participant workbook for Course 103: Rental Management. The course is designed to equip learners with the knowledge and skills required to work as a Rental Manager. The course is divided into four modules: Operations Management, Fleet Management, Financial Management, and Forecasting & Budgeting.<br /><br />In the Operations Management module, learners will gain an understanding of the role and responsibilities of a manager, as well as the core skills needed for success. They will also learn about the importance of monitoring and measuring different aspects of rental operations.<br /><br />The Fleet Management module focuses on the lifecycle of rental machines and how to measure their performance. Learners will also become familiar with key performance indicators and the factors that influence rental revenues.<br /><br />The Financial Management module covers the impact of depreciation on the rental fleet, industry benchmarks, and financial terms used in managing a profit center. Learners will also learn about internal charges and how to evaluate the financial performance of the rental department.<br /><br />The Forecasting & Budgeting module teaches learners how to create revenue forecasts and budgets. They will also learn about the seasonality of the rental business and how to factor in changes to the rental fleet. The module emphasizes the importance of goal setting and aligning department goals with profitability.<br /><br />Overall, the course aims to provide learners with the skills and knowledge needed to effectively manage a rental department and drive profitability.

Keywords

Course 103: Rental Management

participant workbook

Operations Management

Fleet Management

Financial Management

Forecasting & Budgeting

manager role and responsibilities

rental operations monitoring

rental machine performance

financial performance evaluation