If you want to reduce your impact on the environment recycling by renting furniture may be a good proposition for you. The economy of most mainstream products used to be linear. This means that any product follows the following path to go to the user:
- Extraction of the raw materials
- Production of the object. For example, furniture.
- Distribution of the product to the stores from the wholesalers.
- The user buys the product from retail
- The user dispose of the product.
This system was fine until we found out the heavy impact that this has on the planet since extraction and production of raw materials have a great carbon emission rate.
Furniture industry
Most of users find that when their furniture is too old to be used or its torn or broken just dispose of it. A way to reduce all this waste is to follow the so-called sharing economy. This economy doesn’t rely as much on extra distribution of products to keep stock.
Sharing economy make final users rent the products instead of buying it so that when it gets old, broke or simply the user become tired just stops paying the renting fee and give back the furniture.
This way the businesses can refurbish the used products and rent them again thus reducing the waste.
Renting your furniture to others
Some companies have started buying and repackaging lots of products from individuals but since the stock is decreasing for a greater cause the price of the products actually grows.
On the other hand, their renting price goes down since there are many options. This means that if you have the possibility to refurbish your own furniture and rent it, you’ll have in your hands a great side hustle.
Also, with the profit you can buy more new furniture and start renting it too, this sort of passive income is what most banks look for when deciding who to lend money to businesses.
Renting furniture for yourself
Houses need to change styles once in a while since their occupants tend to tire from their furniture and decors. Also, if you want to give a new look to your house, you can start renting furniture that you like.
With many options like renting individual chairs, sofas or getting a whole room package you can decide if you want to personalize your home yourself or want to just choose from one the packaged options.
For example, minimalist style houses will benefit greatly by renting individual furniture since they don’t need as much objects to fit the theme and personality of the owner of the house. But modern or classic houses can benefit from the whole packages for rooms, terraces or any living spaces.
Also, there’s the added benefit that you can rent when you need it, to illustrate this point imagine that you own a house at the beach.
The beach house doesn’t benefit of being furnished other time than in summer vacations so you can just rent it by that time period. this also applies for terraces or balconies that you want to use the most on summer.
