Small construction companies that are trying to grow so that they can take on bigger jobs often have to worry about different kinds of heavy equipment that they may need. The problem is that things like cranes and bulldozers can be very expensive to buy and are a costly investment to have just sitting around while you wait for a job. When the machine isn't being used, it's just a waste of money because it isn't doing anything to make back the original outlay for purchase. When you are trying to make your business grow so that you can bid on bigger jobs, you can't afford to have any investment just sitting around doing nothing. Luckily, there is a solution.
Heavy Equipment Rental
The solution to making sure that you have the large equipment you need, such as bulldozers and cranes, is to rent them. Just as there are equipment rental places that the average person can use so that they can use things like cement mixers and jackhammers, there are also equipment rental companies for construction companies to take advantage of. They will rent out all kinds of heavy equipment, everything from an excavator to a crane.
Benefits to Heavy Equipment Rental
There are many benefits to using heavy equipment rental companies to get the equipment that you need. One is that you can have the equipment for as long or as short a time period as you need. If you get a job that needs a crane, you can rent the crane for the time you'll need it and then have the rental company pick it up when you are done.
Another benefit is that the rental company is taking on all the value depreciation and continual maintenance for the equipment. Renting will relieve you of those responsibilities.
You may also be able to take advantage of a lease-to-own program. If you are looking at needing a certain piece of equipment regularly in the near future, you can set up a contract that will let you buy the equipment at the end of the contract. You will be able to make monthly payments that are more affordable for you and still get the equipment you need.
Growing any company is hard. Getting your construction company to a point where you can take on bigger jobs and make more money can be nearly impossible if you don't have the right equipment. Renting will allow you to get that equipment at a lower price than purchasing it would.