Renting Out Equipment
Idk if this is the right place to ask this, but...
I used to mow lawns professionally and have just recently retired from that, still having all of my equipment. I had a small setup but it got the job done.
A friend of mine is taking over my old clients and growing his own business this year while wanting to rent my equipment until he can get his own.
I had the thought that I could just charge him a percentage of his profits so that way I can maintain the equipment with as much as he used it. If that makes sense
Or
Rent my equipment at a flat rate.
The issue im coming up with is there will be some days when he'll need the entire setup (push mower, Weed Wacker, zero turn, trailer, etc) and other days when he may just need the push mower and weed Wacker.
What would be the best way charge him fairly? He's my friend so im not going to gouge his wallet, but I still need to maintain the equipment to a point.