When you are beginning that large, or even that small construction project, you have to have everything lined up at the right time. You need all of the trades scheduled in. You need to have a dumpster for trash and debris. You even need to call a professional cleaning company to be present. One of the most important things you need to have available is a crane to move everything into place when it is needed. That is when you should really consider contacting a company who deals with crane rentals.
There are many general contractors who think it is the best choice to buy all the equipment that is needed. The problems with this decision are because of all of the costs that come with this decision. You will need to look at some of these to understand how a decision based on renting this gear is a better choice.
One of the first reasons for renting and not buying is the basic cost of the equipment itself. Your capital is used and it can tie up your funds, especially for something that will set for long periods of time when it is not being used for anything productive. Buying on credit will have the effect of reducing your flexibility in other dealings.
Buying a crane will not only cost you for the piece, itself, but you will then have to hire an operator that is trained on that gear. This means, of course, all of the many employee expenses that are required by law and custom. By renting it, the operator comes with the package. They know this piece and works for you to complete your project on your time line.
Another issue with buying all of that equipment is the need for a maintenance person or crew needed to keep it operating properly. That is also another full time person to handle anything that comes up with the machine. This can be a very large expense for daily checks and preventative maintenance. When you rent the equipment, the maintenance is handled by the company renting it to you.
When something breaks on this equipment, it is usually very expensive to replace. This means many parts will either have to be on hand or available close by. The other problem is that, while the machine is down, you are left with a crew of people ho can not work. This could cause problems with your schedule and may incur fines. Rentals are repaired by their owners.
When you buy this equipment, there is the issue of where to store your stuff most of the time. You may have to buy, build or borrow a unit to store it in. There is also the need to continue maintenance of it. This means you still have, on the payroll, a maintenance person during a time when it is not performing anything useful. The rental company comes to pick it up when it is time.
When you need something like a crane, yet you do not have to maintain, store or spend a lot of money on it, it becomes a very popular concept. Having access to the piece of equipment that does all of this heavy lifting, especially for those large projects makes this idea more popular. Spending less money on something that does all the work this item does is very popular.
There are many general contractors who think it is the best choice to buy all the equipment that is needed. The problems with this decision are because of all of the costs that come with this decision. You will need to look at some of these to understand how a decision based on renting this gear is a better choice.
One of the first reasons for renting and not buying is the basic cost of the equipment itself. Your capital is used and it can tie up your funds, especially for something that will set for long periods of time when it is not being used for anything productive. Buying on credit will have the effect of reducing your flexibility in other dealings.
Buying a crane will not only cost you for the piece, itself, but you will then have to hire an operator that is trained on that gear. This means, of course, all of the many employee expenses that are required by law and custom. By renting it, the operator comes with the package. They know this piece and works for you to complete your project on your time line.
Another issue with buying all of that equipment is the need for a maintenance person or crew needed to keep it operating properly. That is also another full time person to handle anything that comes up with the machine. This can be a very large expense for daily checks and preventative maintenance. When you rent the equipment, the maintenance is handled by the company renting it to you.
When something breaks on this equipment, it is usually very expensive to replace. This means many parts will either have to be on hand or available close by. The other problem is that, while the machine is down, you are left with a crew of people ho can not work. This could cause problems with your schedule and may incur fines. Rentals are repaired by their owners.
When you buy this equipment, there is the issue of where to store your stuff most of the time. You may have to buy, build or borrow a unit to store it in. There is also the need to continue maintenance of it. This means you still have, on the payroll, a maintenance person during a time when it is not performing anything useful. The rental company comes to pick it up when it is time.
When you need something like a crane, yet you do not have to maintain, store or spend a lot of money on it, it becomes a very popular concept. Having access to the piece of equipment that does all of this heavy lifting, especially for those large projects makes this idea more popular. Spending less money on something that does all the work this item does is very popular.
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