K: Know the Legal Requirements

Importance

Compliance with legal requirements is crucial to avoid penalties and legal issues.

Keep in mind you are running a business, any documentation connected to your brand can help you or hurt you… stay on top of things at all times! KEEP YOUR NOSE CLEAN AND ALL YOUR 💩 CLEANER

• REAL DEAL INFO

Steps

1. Ensure compliance with local, state, and federal regulations.
2. Draft rental agreements outlining terms, conditions, and responsibilities.
3. Establishing documentation for privacy policy, refund, rental liability and etc.

Use this PandaDoc rental car template as an example

Car Rental Agreement - 2020 Mercedes GLE350.pdf

• REAL DEAL INFO (Legal documentation)

💎: Hire a business attorney if you can to ensure compliance, protect against lawsuits, and establish proper policies tailored to your state’s regulations.