If you operate a construction business or are planning improvements to your own home there is a lot of merit in tool hire rather than tool purchase.
You don’t need to fork out for an expensive piece of equipment, you only pay for the time you have it, and you do not have to worry about storage and maintenance.
With that in mind, let’s look at what’s involved with mini digger hire and the like.
Tool Hire for Beginners
Getting started with tool hire is fairly straightforward. Once you have identified what you need you simply look online or pick up the phone and reserve and pay for the equipment. The trick is to work out how long you need it for before you commit. Once you have made the arrangements you simply pick it up or if possible have the supplier deliver it to you. The latter saves a lot of hassle.
Once you are finished with the tool you arrange to have it returned. Hopefully, you’ll be finished it with sooner rather than later and get a pro rata based refund. If you find you need it for longer this can often be arranged with a phone call.
Storage
One key advantage of hiring tools is that you don’t have to worry about storing them. You simply hire them when you need them. From a home improvement point of view, that means you won’t need to store that excavator and simply give it back. Think about it, how many times are you going to need to use one in your life?
From a business owner point of view bringing in the tools as and when needed and returning them allows you to be flexible and avoids the storage headaches. You are more dynamic and fluid when hiring equipment rather than purchasing it. This also saves money on lockups and the like and associated security costs.
Insurance and Paperwork
Hiring construction equipment also avoids paperwork and legal headaches. If you’re running a business the responsibility to ensure servicing and planned preventative maintenance is carried out is yours. This is a cost, a bureaucratic nightmare and you have to allocate time and resources to ensure compliance. If you fail to do this you may incur fines and penalties which not only hits your bottom line but damages business reputation.
Equipment hire avoids this headache and negates many of the penalties should an issue occur. You still have to ensure your staff use the equipment safely.
Bear in mind that construction equipment hire companies are obligated to provide fully working and safety tested equipment with relevant paperwork showing servicing and maintenance. This not only provides peace of mind that the equipment is in good working order you are also covered in terms of Health and Safety at least in terms of equipment worthiness.
Cost Effective
The costs of buying equipment outright are often high. Construction equipment is specialised and as such is expensive with pricing often in the thousands. Hiring it is far more cost effective as you only hire it for when you need it. This represents a huge saving and makes the equipment affordable.
As a DIYer, you can now take on more ambitious projects adding value to your home both in terms of house price and quality of life.
As a business owner, you now have a healthier bottom line and you can work with more agility and see improvements to workflow.
Repairs and Servicing
Construction equipment is mechanical in nature and even static equipment is prone to wear and tear. It is inevitable that equipment such as mini diggers will develop faults that need to be fixed. All of these costs are negated through hiring tools rather than purchasing them.
From a business perspective, this is invaluable. Planned preventative maintenance is a time and cost commitment and one you simply do not need. Staff and resources allocated to carrying out servicing and repairs can be allocated on the parts of your business that make you money and you don’t lose the equipment while servicing and the like is carried out.
From a homeowner perspective, not only do you not want a mini digger taking up space in your garage you don’t want to commit space to one that has broken down.
Flexible and Dynamic Business Operation
Another key aspect of tool hire is that it gives your business room to manoeuvre and be agile and flexible. With good planning, you can ensure the right equipment is in the right place when you need it to fulfil a contract and simply return it when it is not.
This improves workflow as you do not lose time and staff carrying out logistical tasks rather than working directly on the job in hand.
Hiring equipment has many advantages to outright purchase. Make sure you utilise tool hire for your next big construction project.
