Construction equipment can be very expensive – it usually requires a large down payment and a long-term commitment when it comes to monthly installments. Construction projects require construction equipment (no doubt about that) but it does not necessarily require your company to put up a large amount of money up in front and long-term commitments that can cost you dearly. In fact, it would be silly to tie up your capital, especially if you need that particular piece of machinery for only a few days, weeks, or even months – and especially not with the beneficial options that are out there. Hiring is often the best way to approach it. For those who are still in doubt, here’s a list of the lesser-known benefits offered by a plant hire service.
Reliability and costs
Going with a plant hire service means you are able to get reliable machinery at a good price – and this means that you get the right equipment for the job whilst able to plan your monthly cash flow to the exact details.
Things happen – unwanted accidents or unforeseen incidents can hamper and delay the progress of the construction project. In such cases, it’s good to know that the plant hire service, such as plant hire Lancashire experts like Ruttle, is able to bring a replacement to the site in no time, or at least send a mechanic with replaceable parts so that the time of interruption (down-time) is kept to a minimum, once again saving time and money.
No maintenance requirements
Often the plant hire services will ensure that the equipment is maintained to the highest standards, even whilst you are using it; whilst you are not using it, their crew ensures that you will have the best possible operating vehicle and machinery available.
When you own a piece of equipment, you need a place to store it – you don’t have that problem if you choose to use a plant hire service.
Technological innovations happen fast – and when you buy a piece of equipment, it tends to become outdated soon. By using a plant hire service, you are sure to have the latest technology available to you.
Taken these simple five logical points in mind, and it’s no wonder that many construction businesses prefer to rely on a plant hire service – the advantages are just too many. Not only does it allow the construction to take projects on a short-term basis (meaning, no long-term commitments), it also ensures no big chunk of the capital is lost in a depreciating asset (hence, much better cash flow). Add to that the lack of maintenance and storage requirements, and it all makes perfect sense. Hire your equipment – it’s just a matter of common sense, really.
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