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Finances

 

Financial resources for you

Effectively managing your finances is crucial to the success of your rental business. Whether you’re new to the industry or a second or third generation owner, the right tools make all the difference. Understanding your business financials is key to your long-term success.

 

Financial products and services for the rental industry

ARA has created tools to help you manage your business, measure your success and plan for the future.

 
 
Manage
We have resources to help you better manage cash flow.
 
 
Measure
ARA can help you measure and improve your productivity and profitability.
 
Forecast
Use rental-specific profit planning tools to prepare for the future.
 
Compare
ARA member-collected data is compiled in numerous reports to show you competitive metrics.

Resources

Rental Profitability Program

Learn how to measure and improve your productivity, profitability, cash flow and financial position.

  • Assess your store’s financial standing
  • Identify areas that are underperforming
  • Understand your business’s key performance indicators

Access RentalU

Cash Flow E-Book

For the Cash Flow E-Book, go through a three-step video-guided process to better understand cash flow management.

  • Budget for profit and cash
  • Know your financial needs
  • Keep a financial focus

Enroll in this free course today!

Access in RentalU

Profit Planning E-Book

Learn how much profit it takes to produce real returns on your investments and practice developing sales and expense management goals.

  • Explore the uses of breakeven and breakeven analysis
  • Analyze the data to use as a framework for making business decisions
  • Develop sales and expense management goals to search and enroll in this free course

Access in RentalU

Frequently asked questions

  • How long does it take to complete some of these courses or surveys?

    The time commitment varies ...

    The time commitment varies. Some courses and surveys can be completed in approximately an hour or less, while others are meant to provide more detail, meaning the time commitment is greater.
  • How much do these resources help my business?

    These financial resources are invaluable to rental business owners and managers ...

    These financial resources are invaluable to rental business owners and managers. Understanding your financial standing, knowing how to improve your profits and how your business compares with others in the industry will improve your bottom line.