Pros:
1. Low overhead costs – Aside from the initial investment of purchasing canoes and kayaks, running a canoe & kayak rental business requires very little in terms of overhead or ongoing costs.
2. Flexible hours – You can choose to work whatever hours you want, so long as you are able to meet customer needs and adhere to any licensing or insurance requirements.
3. Outdoor Activity – Running a canoe & kayak rental business offers the opportunity to get outdoors and enjoy nature while still making money!
4. Fulfilling Work – Helping people experience the outdoors through memorable adventures is incredibly rewarding.
Cons:
1. Seasonal Nature – Canoe & kayak rental businesses are generally seasonal, meaning you will only be able to generate income during certain times of the year. This can make it difficult to make a living.
2. Insurance Requirements – Depending on where you operate, you may be required to carry specific insurance policies in order to offer rentals.
3. Maintenance Costs – Canoes and kayaks require regular maintenance and repairs in order to remain safe for customers. This can add up over time and cut into your profits.
4. Liability – As with any outdoor activity there is a certain degree of risk involved. You will need to make sure you clearly explain the risks and liability to customers before they go out on their adventure.