1. Research local laws and regulations: Research the local, state and federal laws and regulations to ensure that your business is compliant.
2. Obtain any necessary permits: Depending on your location, you may need to obtain special licenses or permits in order to operate your business legally.
3. Create a business plan: Develop your business plan, which should include details about the location of your rental business, services offered, and pricing structure.
4. Find a suitable location: Choose a convenient and accessible spot for people to pick up and return their rentals.
5. Purchase necessary equipment: Invest in high-quality canoes and kayaks that are within your budget.
6. Obtain insurance coverage: Make sure to have the appropriate insurance for your business and assets.
7. Set up an online presence: Create a website, social media accounts and other online resources to reach out to customers.
8. Start marketing your business: Develop a marketing plan to get the word out about your services.
9. Set up payment and billing procedures: Create policies for payment methods, late fees and deposits.
10. Collect customer information: Gather contact and other personal data from customers in order to provide a better service and protect yourself legally.