Whether you already own heavy equipment or not, renting equipment for your business is a great way to grow. This article will go over three ways renting heavy equipment can help you to grow your business.
1) Take on Bigger Jobs Without the Investment
Purchasing heavy construction equipment is a huge financial commitment that many new businesses simply can’t afford. If you need heavy construction or excavation tools, but don’t want to purchase them for a one-time job or infrequent use, renting is a great way to go. Heavy equipment such as excavators, rock trucks, excavators and tractors are expensive to purchase outright, not to mention heavy earth movers and loaders. Renting allows you to build your business and roster of jobs, without the upfront cost of purchasing equipment new.
Heavy equipment also requires repairs, service, storage, and safety standards which can be very costly. Bidding on contracts without the proper heavy equipment also doesn’t give you much bargaining power with the customer, so it’s important to have access to the right equipment for the job, and heavy construction equipment rentals allow you to take on the jobs you want, without the overhead cost.
2) Have the Right Equipment for Your Project
If you own a heavy construction or landscaping business, renting heavy equipment will allow you to take on jobs that require specialized equipment or pieces that aren’t in your current fleet. Heavy equipment rentals allow you to have the right equipment needed for the job, so it can be done more efficiently. Construction and landscaping companies looking to expand their business will often use heavy equipment rentals for things like excavators or tractors, so they can take on larger or more complex jobs.
Heavy construction and landscaping projects have specific needs when it comes to heavy equipment. For example, if you’re bidding on a job that requires heavy earth moving or grading work, renting front-end loaders or rock trucks will give you access to the right tools for the job. With heavy equipment rentals from Spectrum Equipment, you’ll have what you need to complete your project with less hassle from outdated or insufficient equipment.
3) Get More Work Done in Less Time
Sometimes a short-term rental can mean expediting part of a job that would otherwise be too slow to do manually or with other equipment. A heavy loader rental is perfect for getting a strong head start on a large excavation project, or a skid steer might be just the equipment you need to get a landscaping project underway. Renting multiple pieces of heavy equipment is also a great way to get a job done in record time.
With heavy equipment rental, you’re able to get jobs done more efficiently without being bogged down with maintaining heavy machinery that’s not used on a regular basis. Imagine the kinds of jobs you could take on, or how quickly you could complete them if you have the right equipment, but without the ongoing maintenance and overhead costs. Rental equipment can make all the difference in taking on bigger jobs which means more profits for you to reinvest into your business.
Any heavy construction, landscaping, or snow removal business looking to expand should think about heavy equipment rental. This will help you grow your company while keeping overhead costs down by allowing you access to heavy equipment at a fraction of the cost of an outright purchase. Renting heavy equipment may allow you to take on jobs you never thought possible. If you are interested in heavy equipment rental, contact Spectrum Equipment today. Our fleet of well-maintained and low milage equipment will help your business grow.