Volvo Construction Equipment to Franchise in 2004 <b></b>

Asheville, North Carolina-Volvo ConstructionEquipment Rents (Volvo Rents) has grown from 16 to 40 locations inNorth America in 2003, selling more than 400 units of Volvoequipment through the rental channel and tallying up 25,000 end-usecustomers. For 2004, they project 55 new locations to open, withagreements signed for 61 additional units by the end of theyear.

Franchising provided a channel to bring compact wheel loaders toprofitable market sections across the country. For a one-timefranchise fee of $35,000, Volvo Rents franchisees receive use ofthe Volvo brand, financial assistance through Volvo CommercialFinance, a fleet purchasing program for non-Volvo products,proprietary business planning software, proprietary customerrelationship management software, a proprietary point-of-saleoperating system, training, facility design, operating manuals, andregional and local marketing. -Fishman PR

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

By Ben Angel
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

By Eve Gumpel
Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

By Jason R. Rich
Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

By Amanda Breen
Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

By Emil Barr
Science & Technology

AI Isn't Plug-and-Play — You Need a Strategy. Here's Your Guide to Building One.

Don't just "add AI" — build a strategy. This guide helps founders avoid common pitfalls and create a step-by-step roadmap to harness real value from AI.

By Nicholas Leighton