As the manager of a construction company, you either have the option of renting or purchasing your equipment. It’s becoming more and more common for businesses to hire their gear because of all of the benefits you get from taking this route.
Not only are you likely to save money, but since you’re returning your equipment at the end of its use, there is a lot less work that has to be done on your end in terms of things like maintenance. Here are the 4 key benefits to hiring your construction equipment:
More Cost-Effective
The upfront investment of purchasing new equipment is high, whereas if you decide to rent, you will see a substantial reduction in costs. Even if you decided to take on a loan to pay for your own equipment, the costs over time can add up, causing a big dent in your business budget.
When hiring your gear, you have full say over how long you have it for, meaning that you are only paying for the amount of time that you’re using it for.
Another thing to consider if you decide to buy your equipment, is that all maintenance and damage repairs will have to be funded by you. Meanwhile, the regular upkeep and maintenance of hired materials will be done by the company you’re renting from.
Large Selection
At an equipment hire company like Total Plant Hire, you have the advantage of being able to choose from a selection of different machinery to suit your needs. If you limit yourself to purchasing equipment, then you may try to cut costs by using your equipment for jobs it’s not suited for, which isn’t ideal.
If you decide to hire your equipment, then you can decide exactly what you need. If you’re thinking about skid steer hire, then Total Plant Hire has a great selection of machinery with varying bucket sizes, operating weights and fuel tank sizes.
Little To No Maintenance
Following on from the above point, hiring directly from an equipment supplier means that managing assets and maintaining equipment is on them. This saves you the time and money that you would have to spend on cleaning, repairing and repainting your gear, as well as the space that you would need to keep any maintenance equipment.
High Quality Equipment
As a construction manager, the safety of your employees and members of the public is something that’s likely to always be on your mind. Since hire equipment is quality- checked by professionals before each new hire, using a hire company ensures that your staff are working in a lower risk environment.
Hiring your equipment also gives you the possibility to use the highest specification equipment which you may not be able to afford if you were buying upfront, and as you’re likely to have multiple different jobs going on at one time, you’ll benefit from having equipment that allows you to fulfil the requirements of all jobs.
