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Hoovers > Companies > Bestway Rental, Inc. > Bestway Rental, Inc. Business Reports

Bestway Rental, Inc. Business Reports

Bestway Rental, Inc. Overview

Address

12400 Coit Rd.,
Ste. 950 Dallas, 
TX 75251 United States
Phone: 214-630-6655
Fax:214-630-8404
Toll Free:800-530-1107

Company Description

Where there's a will for a big-screen TV or a posh new sofa, rent-to-own chain Bestway finds a way for customers who are unable to pay cash or get credit. Bestway Rental operates more than 85 stores in Alabama, Arkansas, Indiana, Kentucky, Mississippi, the Carolinas, Tennessee, and Texas. The stores offer weekly and monthly rates on brand-name furniture, electronics, appliances, computers, and accessories. Customers may return products and cancel rental agreements at any time or renew at the end of each rental period. Lease agreements also include purchase options.

Bestway Rental, Inc. Company Profile Report

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$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

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$69

    Choose below from the available Industry Reports related to 

  • Consumer Electronics & Appliances Stores Industry Report
  • Retail Sector Industry Report
  • Furniture Stores Industry Report
  • Consumer Product Rental Industry Report
  • Home Furnishings Stores Industry Report
  • Household Appliance Stores Industry Report

Consumer Electronics & Appliances Stores Industry Report

Purchase Report
 
$129

Overview

The US consumer electronics store industry includes about 27,000 stores with combined annual revenue of about $60 billion. Major companies include Best Buy, RadioShack, and the retail operations of Apple. The industry is highly concentrated: the 50 largest companies account for 80 percent of sales.

SIC: 5722, 5946, 5734, 5731

NAICS: 443112, 443111, 443130, 443120

 

Sample Questions & Answers

How have declining retail prices affected the company?

Retail prices for many major segments of consumer electronics products have been declining. Between 2008 and 2009, retail prices declined about 24 percent for TVs and about 13 percent for computers and peripherals. While electronics retailers have...

 

How does the company deal with increasing competition from alternative channels?

Consumer electronics stores face heavy competition from numerous other channels, including warehouse clubs, mass merchandisers, department stores, and Internet and mail order retailers. Internet and mail order retailers sell over $30 billion in...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Consumer Electronics & Appliances Stores Industry Report

    Purchase Report
     
    $129

    Retail Sector Industry Report

    Purchase Report
     
    $129

    Overview

    The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

    SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

    NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

     

    Sample Questions & Answers

    How sensitive is the company's business to the economy?

    Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

     

    How does the company compete with large retailers?

    In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Furniture Stores Industry Report

      Purchase Report
       
      $129

      Overview

      The US furniture retailing industry includes about 20,000 companies with combined annual revenue of about $50 billion. Major companies include Ashley Furniture Industries, Bassett Furniture, Haverty Furniture, La-Z-Boy, and Rooms To Go. The industry is fragmented: the 50 largest companies generate about 35 percent of revenue.

      SIC: 5712

      NAICS: 442110

       

      Sample Questions & Answers

      What are the company's strategies for operating during industry or economic downturns?

      Furniture buying is strongly influenced by home sales, consumer income, new home construction, and employment. During weak economic cycles, the furniture industry is particularly sensitive because of the large price tag associated with purchases that...

       

      How is competition from manufacturers impacting the company?

      Some large manufacturers bypass retailers and sell directly to customers through dedicated retail outlets. Furniture Brands International distributes its products partly through independently owned, branded stores; Ethan Allen operates retail stores.

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planning.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Furniture Stores Industry Report

        Purchase Report
         
        $129

        Consumer Product Rental Industry Report

        Purchase Report
         
        $129

        Overview

        The US consumer product rental industry includes about 12,000 companies with combined annual revenue of about $22 billion. Major companies include Aaron's, Blockbuster, and Rent-A-Center. The industry is concentrated: the largest 50 companies account for about 70 percent of industry revenue.

        SIC: 7299, 7999, 7352, 7359, 7841

        NAICS: 532210, 532220, 532230, 532291, 532299, 532292

         

        Sample Questions & Answers

        How does the general economy affect the company's sales?

        Consumer spending on entertainment like video rentals is discretionary, and therefore driven by personal income. Personal income also drives spending on rental of consumer goods like furniture and appliances. During difficult economic times, many...

         

        How is the company managing the decline of the movie rental business?

        The in-store video rental market has been declining worldwide since 2005. Among the causes are weak titles released for home video, increased competition from mass retailers for video sales, piracy in international markets, and competition from...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.

          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

          • Industry Forecast

            Identify growth and integrate projections in your own business planning.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.

          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Consumer Product Rental Industry Report

          Purchase Report
           
          $129

          Home Furnishings Stores Industry Report

          Purchase Report
           
          $129

          Overview

          The US home furnishings store industry includes about 20,000 stores with combined annual revenues of about $25 billion. Major companies include Bed Bath & Beyond and Williams-Sonoma. The industry is concentrated: the 50 largest companies account for about 75 percent of industry revenue.

          SIC: 5713, 5714

          NAICS: 442210, 442299

           

          Sample Questions & Answers

          How sensitive are the company’s sales to economic conditions?

          Home furnishings are usually discretionary purchases that can be postponed when consumer income declines. For example, sales for home furnishings stores fell 8 percent from 2008 to 2009 and grew by just 3 percent from 2009 to 2010, as consumers...

           

          How has the company responded to declining prices?

          Consumer prices for home furnishing products have been steadily falling for nearly a decade, driven by low-cost imports and competition from national chains and mass merchandisers. Prices for window coverings fell 20 percent from 2001 to 2010; for...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.

            • Trends & Opportunities

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

            • Call Preparation Questions

              Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

            • Industry Forecast

              Identify growth and integrate projections in your own business planning.

            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.

            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Home Furnishings Stores Industry Report

            Purchase Report
             
            $129

            Household Appliance Stores Industry Report

            Purchase Report
             
            $129

            Overview

            The US household appliance store industry includes about 9,000 stores with combined annual revenue of about $16 billion. Major companies include ABC Appliance, Conn's, hhgregg, and PC Richard & Son. The industry is fragmented: the 50 largest companies account for about 35 percent of industry sales.

            SIC: 5722

            NAICS: 443111

             

            Sample Questions & Answers

            How are the company's sales affected by changes in home sales?

            Sales of new and existing homes help drive growth for appliance retailers, as consumers are highly likely to buy new appliances when buying a home. A soft housing market can significantly depress appliance sales. US new home sales fell by more than...

             

            How does the company compensate for declining retail prices?

            Retail prices for major appliances have been driven down by imports of low-priced products, mainly from China and Mexico. Increasing import volume and strong demand for low-end products contribute to flat and decreasing prices across most major...

             

            To read this full Call Prep Question and others, purchase the full report.

             

            General Report Description

            Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

             

            Sections Included in Report

            • Industry Overview
            • Quarterly Industry Update
            • Business Challenges
            • Trends and Opportunities
            • Call Preparation Questions
            • Financial Information
            • Industry Forecast
            • Website and Media Links
            • Glossary of Acronyms

              Industry Report Highlights:

              • Recent Developments

                Stay up to date on crucial industry news that may affect your strategy.

              • Trends & Opportunities

                Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

              • Call Preparation Questions

                Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

              • Industry Forecast

                Identify growth and integrate projections in your own business planning.

              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

              • Executive Insight

                Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

              • Financial Information

                Increase your credibility and support your presentations by adding verifiable industry metrics.

              • Web Links & Acronyms

                Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

              Household Appliance Stores Industry Report

              Purchase Report
               
              $129

              Bestway Rental, Inc. Overview

              Top 3 Competitors

              Company: Aaron's, Inc.
              Location: Atlanta, GA

              Company: Brook Furniture Rental, Inc.
              Location: Lake Forest, IL

              Company: Cash America International, Inc.
              Location: Fort Worth, TX

              Industries where Bestway Rental, Inc. Competes

              Rent-To-Own
              Read More

              Retail Sector
              Read More

              Consumer Electronics & Appliances Stores
              Read More

              Home Furniture & Housewares Stores
              Read More

              Consumer Product Rental
              Read More

              Furniture Stores
              Read More

              Competitive Landscape Brief

              Demand is driven by economic growth, particularly in nonresidential construction. The profitability of individual companies depends on the merchandising mix and cost of financing rental inventory. Large companies have economies of scale advantages in buying equipment and having multiple outlets to share equipment. Small companies can compete effectively by providing specialty products for a local market and superior customer service. The industry is capital-intensive: average annual revenue per worker is about $370,000.

              Bestway Rental, Inc. Competitive Landscape

              Purchase Report
               
              $69

              Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

               

              Sections Included in Report

              • Key Numbers
              • Profitability
              • Valuation
              • Operations
              • Financial Ratios
              • Per Share Data ($)
              • Growth Statistics
              • *Data provided for 3 to 30 competitors

                Company Landscape Report Highlights

                • Competitors List

                  Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

                • Competitive Landscape

                  Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

                Competitive Landscape Report

                Purchase Report
                 
                $69