Home Business Ideas and Opportunities

lending club stock

A tool library allow patrons to check out or borrow tools, equipment and “how-to” instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks:
Lending: all kinds of tools for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events.
Advocacy: for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late.
Maintenance: performing routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers.

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