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I like the concept, not sure about this embodiment. Is the idea a rental business or more of a coop? Is there a physical building with employees or is it a structured way to loan/borrow to strangers over the web? |
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I don't see how it would cash-flow to cover expenses of insurance, building, web site and employees. Perhaps if the coop owners donated the equipment it could be depreciated for taxes. Then the coop owners could somehow see a tax benefit. Maybe the coop owners have to donate a few hours per year to the coop. |
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Btw, I have DeWalt tools and want a jet boat! |
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