Heavy equipment is essential to the success of any construction business. One of the most costly parts of any construction project is the equipment involved. Maintenance, storage, and transportation are not directly covered by project revenue the way that materials are, and equipment can be time-consuming to manage, as well. These machines are much larger than, say, cereal testing equipment. Here are just four major machines and equipment that you’ll likely be better off renting instead of buying.
Excavators
Most major construction projects will begin with some digging. An excavator is a basic part of this process. However, in the time that you do one major construction project that involves excavation, you also will likely have several other, smaller projects be finished and completed for other clients. Excavation is also just one part of the major projects, rather than being a necessity for every step. As a result, renting an excavator as you need it for various projects can be an economical choice in the long run. Not only are these used less than other pieces of equipment, but these are also large vehicles that need intensive maintenance and storage that you likely won’t want to deal with. In this respect, leasing equipment has benefits to buying, as when renting all of that will be taken care of by the leasing company. You also will usually have access to a higher standard of equipment than you could afford if you purchased one outright. There are quite a few different types of excavators that you may not know about, so before you start your job, you should be ensuring that the excavator you are using is the right one for the job. If you have questions such as “What is a wheeled excavator?” or “What is vacuum excavation?” – you are in luck, as sites such as Vac-Ex can help you out so you are making the best choice.
Cranes
All cranes can perform similar basic tasks. However, most models vary in size and how much of a load the deck area can support. This makes them very specialized machines. Instead of having multiple cranes on hand that might not see use or make you any money, you can rent the precise crane size you will need for each individual job. In addition, you’ll need to consider heavy equipment mats or https://northernmat.ca/products/crane-digging-mats/ to provide ground stabilization. When renting instead of having a host of cranes, you can also include the charge of renting the crane directly in the construction costs instead of having to let your generalized revenue cover the cost of maintenance and storage. This makes your profits much easier to predict and maintain.
Radio Communications
The size and type of job site you are working on means that you might not always need radios for your entire crew. Since you will usually get details like this before you start a new project, it can be relatively easy to get in touch with a two-way radio supplier to fill your communications requirements on an as-needed basis. Note that many of these suppliers also offer handheld devices such as Panasonic toughpads and toughbooks that you can rent. These are best for more rugged use environments such as those found on construction sites and are specialized for helping with hands-free communication while operating a vehicle.
Dump Trucks
Most construction jobs will require you to haul away waste materials for reuse or recycling later. However, every job is different, and you might not need a dedicated fleet of dump trucks on hand for small or medium-sized jobs. If you do find out that you’ll be hauling a lot of refuse, you could consider hiring a fleet of trucks instead of buying your own. This might be a good option for you if any vehicles in your current fleet are getting old as well. By renting instead of buying, you can get more modernized vehicles with greater fuel efficiency that are maintained by the leasing company to a certain standard. In addition to this, you may consider looking into construction equipment rental to rent industrial cleaning equipment without the cost of buying it new for yourself.
Many factors can influence your decision to rent rather than buy your construction equipment. The circumstances of your business might be unique to you, but there are some examples of basic equipment that might give you more value for your money as rental options. For bigger projects with specialized needs, consider renting the type of equipment they use so you can save your storage and maintenance funds for your more versatile equipment.
Comments 5