The project includes the rental of used cars. The booking service is available through the website or direct contact and by telephone application. The project of renting cars is one of the major important projects that give the owner a lot of money in a short period. It requires an average capital at the beginning of the project to establish the project, purchase cars, insurance and periodic maintenance, but it generates a lot of money for the owner in subsequent periods. In recent times because of its high profits.
Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.
|Total Capital of the Project||:||50,000 OMR|
|Internal Rate of Return||:||43 %|
|Payback Period||:||1 year & 11 Months|
Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.
• Rent Car Services