Here in the UK, 96% of all businesses are deemed as small or ‘micro’ operations, meaning they have between 0-9 employees. Within this percentage, around 74% of these businesses work in heavy industry or manufacturing. For many of us running a small business, our profession is our passion and everyone is striving to make it a success.
However, although there are benefits in running a small business, such as increased versatility and adaptability to changing markets, there are certain obstacles that can make running a small business difficult in the construction or industrial sector, with many issues coming down to equipment expenses.
Heavy industry is reliant on lifting and earth moving equipment, however, it doesn’t come cheap or, if it does, it isn’t anywhere near up to scratch for the job at hand. Fortunately, there are companies that can offer quality plant hire services, meaning you won’t need to invest in your own equipment.
Hiring over buying your own plant equipment can offer a host of benefits, especially to a smaller company. Read on to discover how plant hire can completely change your small-scale operation.
As a smaller business in the heavy industry sectors, expenses become a much more significant obstacle to consider. To ensure that your business plan remains viable, it’s important that your money goes as far as it possibly can.
With this in mind, hiring rather than buying machinery can be a great way to save a substantial amount of money. Brand-new plant machinery can easily spiral into the tens of thousands and this doesn’t include the various servicing and maintenance costs that come with owning your own equipment.
When you hire machinery, you’re only paying for a service rather than investing in a product, making it the significantly cheaper option. Also, as the machinery’s condition will likely be stipulated in the lease, any maintenance or repair work needed to be done on the equipment will be covered by insurance, saving you even more money in the long run.
When buying an expensive piece of machinery, it’s likely that you’ll have a plan to one day sell it in order to recoup some of the money back. However, much like a car, plant machinery’s value plummets as soon as it leaves the dealership.
By hiring, this issue is made completely null and void as the machine goes back to the plant hire company as soon as you’re finished with it, saving you money and time trying to sell on your own stuff.
Aside from actually buying plant machinery, you’re also going to need to find a place to securely store it. Here in the UK, construction theft and vandalism are on the rise, with the industry paying out £800 million in replacements and repairs in 2017. Also, storage for large-scale items is never going to be a particularly cheap expense, especially if you’re wanting to invest in a secure space.
Therefore, rather than paying for secure storage of your machinery when it’s not in use or taking the risk of leaving it in a potentially vulnerable spot, a plant hire company can simply drop off the hired machinery and pick it up when you’re finished.
As we’ve mentioned before, small businesses have the advantage of being able to quickly and efficiently adapt to changing markets. A job can quickly change and you may require a different set of equipment and skills in order to maintain efficiency. This is why you need a service that can help you to take advantage of new and upcoming jobs in a prepared way.
Therefore, working with a construction equipment rental company that can offer a wide range of machinery can make the difference between your team being ready for a job or missing out on a potentially lucrative contract.
A company with a range of machinery to choose from can also give you the opportunity to try and compare a variety of plant equipment without having to invest a large amount of money. With a myriad of manufacturers and specifications on offer, you’ll be able to make an educated decision on what works best for you.
With plant hire companies offering everything from skips to excavators and rollers, it’s a service that’s definitely worth considering for your next job.
When it comes to buying plant machinery, you’re pretty much left with two choices. Either, you fork over a large amount of cash on a brand new piece of equipment and hope that you can effectively recoup the losses, or you can look to buy a second-hand machine that may or may not meet your needs.
Neither of these choices are particularly helpful for a smaller business needing to make every penny count. Luckily, by working with an accredited and professional plant hire company, you can take advantage of some of the newest equipment on the market without the hefty price tag.
Here at Buckland Newton Hire, we ensure that all of our plant machinery is both industry leading and maintained to the highest standard so that you can get the job done quickly and efficiently. If you want to learn more about our plant hire services, click here.
Sometimes, things can go wrong with your machinery and having a specialist opinion to hand during a job can really make the difference between a small blip in workflow and an operation grinding to a halt. This is why it’s good to remember that, by working with a plant hire company you are also enlisting the knowledge and experience of their team.
Whatever questions you may have about the particular piece of machinery you’ve decided to hire, a professional will be able to offer their expertise to ensure you get the most out of your investment.
Of course, it’s also important to work with a plant hire company that can offer a comprehensive and professional service. For starters, you need to consider the availability of your chosen machinery. Most plant hire companies will be able to supply you with the availability of their products and will likely have a minimum rental time stipulated in their contract.
Logistics and transport are also a crucial factor to consider when hiring plant machinery. You don’t want to work with a company that cannot efficiently transport your investment or is too far away from the work site as this will significantly increase costs.
Finally, it’s always a good idea to work with a company that has a range of equipment to choose from. As we’ve already mentioned, small businesses are adaptable to changes on a job, however, having to source plant from different companies will end costing you time and money, so work with a company that can match your adaptability.
A quality piece of plant machinery can completely revolutionise a work site. If you’re in need of exceptional plant at a competitive price then look no further than Buckland Newton Hire.
Since opening our doors in 1979, we have cemented ourselves as one of the leading plant hire companies in the region, offering a range of industry leading machinery for a myriad of heavy-duty jobs. Whether it’s an excavator, roller, dumper or telehandler you need, our team of industry professionals can help to ensure you get the perfect plant hire for the job.
Aside from our plant hire services, we can also offer clients an extensive range of other on-site solutions, from waste disposal to aggregates. If you would like to learn more about what we do, visit our website or get in touch with a member of our team on 01300345378 to discuss your requirements.