Urentz, LLC | Application Preview
-
General Information
Business Registration Number: Urentz, LLC
Location: Council bluffs, IA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
-
Funding Usage
To purchase the necessary software licenses to finish our mvp. Pay the 3rd party programmers and developers to complete the mvp so we can begin beta testing. Once refined we hope to still have enough funds to launch a modest ad campaign
-
Business Plan
We know item sharing is sustainable and profitable for all parties involved. We are hoping to expand to include a rent-to-own website application where users can purchase or lease items. We intend to help our customers afford new products by injecting a physical retail service into the catalog. We also intend to provide a website application strictly for users to showcase the services they can offer. We call them ‘Urentz 2.Own” and “Uservit” I have a deep passion for building a sustainable, community-driven business. Urentz is more than just a platform; it's a solution to modern consumption issues by promoting sharing and reusability. I am fully committed to seeing this vision through, as I believe strongly in the potential impact it can make. Urentz addresses growing consumer preferences for sustainability, cost savings, and inclusivity. The shift towards peer-to-peer rentals and shared economies presents a timely opportunity, and our business is well-positioned to tap into this demand. Unlike many competitors that focus on narrow niches or specific demographics, Urentz offers a broad, all-inclusive catalog to serve a wide range of users. This diversity gives us a strong edge in attracting and retaining customers across different needs and interests. With my background in project management and appropriate mentoring from SCORE, Urentz has strong leadership guiding it. I am hands-on and driven to bring this venture to life. We have developed a solid business plan, market research, and an active online presence, showing our readiness to move forward. We also understand the challenges ahead, especially in areas like insurance and customer security, and we have plans to mitigate these risks.
-
Self Identified Competition
Airbnb currently dominates the market in terms of share spaces but charges quite a large percentage for commission, which according to our research has fostered some misgivings about supporting the company. Outdoorsy is a company that focuses only on camping equipment such as RV’s and other recreational vehicles Babyquip is a company that focuses on childcare products and accessories. What sets Urentz apart is our commitment to all-inclusivity, both in the items we offer and the people we serve. While our competitors focus on niche markets or specific demographics, Urentz is designed for everyon; whether you’re renting out household items, specialized tools, or even shared spaces. We offer a versatile marketplace where users can find a wide range of items, all in one place. This approach allows us to reach more people, and because of it, we’re able to charge a smaller commission than many competitors. By welcoming all users and offering more diverse sharing opportunities, we foster stronger, more sustainable communities while providing real value and accessibility.
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
