Getting The Best Crane Rentals For Your Next Project
There is another construction project coming your way. You not only happen to get the plans finalized, you need all of the trades on board and scheduled the right way. You will need suppliers to get in line. You will need a couple of dumpsters and a cleanup crew. You will also need a lot of heavy equipment, such as a crane for all of the heavy lifting. That is why you need a good working relationship with a company that handles crane rentals.
Many building contractors believe the best choice for this heavy equipment is to buy it. There are a few problems with this and, as you will discover, the costs associated with the purchase of all of the equipment is more than the cost of the items. Looking at some of these costs will help you understand why is is probably better to rent what you need.
The main reason for renting instead of buying is the original cost of the stuff. It is, as you know, very expensive. This ties a lot of your capital up, especially since a good portion of time it is sitting someplace not being used. Credit purchases are the usual course of action, however, that can impact your flexibility in other financial transactions.
When you purchase heavy equipment, including a crane, you must also hire an operator for it. That is yet another full time employee with all of the employee expenses that comes with that. When you rent that crane, the operator comes with it. The operator already knows the machine and what it is capable of.
That new purchase will also have to be maintained. This means daily and periodic checks to keep it in perfect condition. This also means hiring another full time employee with appropriate training for this maintenance. This could get fairly expensive as fluids and other supplies will need to be on hand at all times. By renting, you bypass all of this as the company who owns it takes care of this.
When something breaks on this equipment, it is usually very expensive to replace. This means many parts will either have to be on hand or available close by. The other problem is that, while the machine is down, you are left with a crew of people ho can not work. This could cause problems with your schedule and may incur fines. Rentals are repaired by their owners.
One of the big issues with buying equipment is that of storage when the job is finished. This requires renting or buying a storage unit. It still must be maintained, as far as fluids being checked. This continues the employ of several people to be on hand for this.
Having all of the equipment, especially that important crane every project needs, ready and available is a great business model. It is what you need to keep moving along with that job. It keeps everyone busy and you making money. It also saves more money and trouble when you realize it can be used and someone else has to maintain it.
Many building contractors believe the best choice for this heavy equipment is to buy it. There are a few problems with this and, as you will discover, the costs associated with the purchase of all of the equipment is more than the cost of the items. Looking at some of these costs will help you understand why is is probably better to rent what you need.
The main reason for renting instead of buying is the original cost of the stuff. It is, as you know, very expensive. This ties a lot of your capital up, especially since a good portion of time it is sitting someplace not being used. Credit purchases are the usual course of action, however, that can impact your flexibility in other financial transactions.
When you purchase heavy equipment, including a crane, you must also hire an operator for it. That is yet another full time employee with all of the employee expenses that comes with that. When you rent that crane, the operator comes with it. The operator already knows the machine and what it is capable of.
That new purchase will also have to be maintained. This means daily and periodic checks to keep it in perfect condition. This also means hiring another full time employee with appropriate training for this maintenance. This could get fairly expensive as fluids and other supplies will need to be on hand at all times. By renting, you bypass all of this as the company who owns it takes care of this.
When something breaks on this equipment, it is usually very expensive to replace. This means many parts will either have to be on hand or available close by. The other problem is that, while the machine is down, you are left with a crew of people ho can not work. This could cause problems with your schedule and may incur fines. Rentals are repaired by their owners.
One of the big issues with buying equipment is that of storage when the job is finished. This requires renting or buying a storage unit. It still must be maintained, as far as fluids being checked. This continues the employ of several people to be on hand for this.
Having all of the equipment, especially that important crane every project needs, ready and available is a great business model. It is what you need to keep moving along with that job. It keeps everyone busy and you making money. It also saves more money and trouble when you realize it can be used and someone else has to maintain it.
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