Purchasing new construction or landscaping equipment can cost thousands of pounds, money most new business ventures do not have. However, your company can still get the equipment it needs to service your clients with a plant hire. Here are three benefits of hiring equipment with which to start your business.
If you hire equipment from most companies offering plant hires, they will include any necessary repairs the equipment may need while you have it. Since the equipment isn’t yours, you are not responsible if it breaks down, unless you have misused the equipment. If it will take a while before a tractor or other piece of equipment can be repaired, then the equipment hire company will replace it with another model to meet your needs.
No Capital Outlay
With a plant hire, you won’t need to spend a chunk of the operating capital you’ve set aside for your company. Instead, a plant hire only requires low payments while you are under contract with the equipment company. This allows you to use the capital for other needs, such as buying supplies to meet your clients’ needs or paying the overhead costs when necessary for your business.
After choosing an Essex plant and machinery hire, there are multiple options for leasing the equipment you need. If it is only needed temporarily, such as for one or two projects, then you can pay for the hire as needed. However, if it is needed for most of your client’s projects or for use in the warehouse of your business, then you can negotiate a long-term lease with the company. The payments will be more affordable than buying equipment outright, even used equipment.
There are many benefits to a plant hire, including the three listed here. It is a great way to get the equipment you need to start your business.