Generation of Renters are Here to Stay The tendency of millennials to rent instead of buy is turning the retail industry upside down. And the shed industry is no exception. The rent tendency brought on by the millennials has impacted older generation buyers as well. The large acceptance of the rent culture has made the […]
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How Secure is Your Company Data? Very likely you are thinking, “Please don’t throw me more stuff to keep after, I already have more than I can efficiently handle, and by the way I’m a barn manufacturing company and you’re asking me about data security?” Yes, we hear what you are saying, but hear us
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How To Choose the Best RTO Provider Previously we have covered benefits of offering RTO to your customers, how to best market RTO, and consumer protection laws. Now let’s consider some factors that go into choosing an RTO provider for your business. Over the last 20 years, RTO for the shed industry has grown exponentially.
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The Benefits of Offering Rent to Own to Your Customers I remember reading several years ago that over 70 percent of Americans have less than $700 available cash. Consider the implications for you if this figure is even remotely accurate. What is the price of your average shed? $2,500 to $3,000? That is way over
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Consumer Protection for the Rent-to-Own Shed Consumer Barn and shed companies that offer rent-to-own on sheds, gazebos, and other backyard products are commonplace in many communities. Most of these businesses offer low monthly payments and the option to purchase the product at the end of the contract or after some other specified time. Other incentives
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When Can My Customer Return or Refuse Their Shed? A question we are frequently asked is when sheds can be returned under the Consumer Protection Act (CPA). There are a number of sections in the Consumer Protection Act that allow consumers to return a shed to the suppliers, but what is important to note is
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Why Rent to Own? Is Rent-to-Own a sound sales tool for the shed builder? The answer is clearly, Yes! It is true that Rent-to-Own contracts require some extra time and effort, but it is also true that increased sales and customer satisfaction more than make up for the extra effort. Rent-to-Own provides the shed builder
NBSRA Makes Recent Market Report for RTO Available “All organizations are perfectly designed to get the results they are now getting. If we want different results, we must change the way we do things.”– Tom Northup, author of Five Hidden Mistakes CEOs Make: How to Unlock the Secrets that Drive Growth and Profitability It is
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Customer Reserve Accounts: A Solution to the “Down Payment” Problem Rent-to-own agreements provide a great value for customers by allowing them the flexibility of a monthly contract, which can be terminated at any time by returning the rental property. The entry into a rental agreement is typically fairly low, with no credit checks being a
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NBSRA 9th Annual Conference a Success The National Barn & Storage Rental Association’s (NBSRA) ninth annual conference was held in Charlotte, North Carolina, on September 5-6. An amazing lineup of speakers presented valuable knowledge to the attendees focusing on creating a culture of caring, outcome drivers and overall best practices for the RTO industry. Each
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