Category Archives: Heavy Equipment Rental

Why Renting Heavy Equipment Is Better Than Selling It Off

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There is a saying in China that every morning the skyline of China changes. The same is the scenario with the rest of the world. With so many constructions taking place every day, the heavy construction equipment is always in need. Whenever there is a construction taking place, there will be a need for construction equipment.  THESE ARE EXAMPLES OF A CONSTRUCTION DEVELOPMENT OR EXCAVATING CONTRACTOR THAT CAN DO.

Whether it is the making of a new building or a landing scrip or a highway, when there is a construction, the construction company will need either an excavator or a bulldozer or any other construction equipment of the same genre. If you are an owner of a construction company, this is the golden time to make a huge lot of money.

  • Buying construction equipment has become such an expensive job that it is quite difficult for any construction company or an individual owner to buy such equipment. Therefore, there is a constant need for equipment that can be availed at an affordable and reasonable cost. If you have such construction equipment, then you can give it for a rent.
  • Buying new heavy construction equipment is always quite expensive for the owners. Many times the requirement is for a short time. In such a case, they are always in need for the equipment that can be rented for some time. If you have heavy construction equipment that you do not require, then you can give it for a rent to these people, and earn a lot of money.
  • Many people do not prefer to buy heavy construction equipment due to its maintenance problems. Keeping construction equipment needs a very careful attention. Cleaning it and repairing it whenever there is damage, makes it quite problematic after a hectic and strenuous day of work. To avoid such difficulties, the construction companies and other individuals who require the equipment for some time, prefer to rent it. If you are an owner of such products, and do not require them, then rather than selling them, if you put it for rent instead, you can utilize it without any extra attention.
  • Sometimes, there is a shortage of heavy construction equipment in the market. In such a situation, if you give your construction equipment for rent, then you will definitely be a gainer. Never think of selling your equipment in such a situation to get a bulk amount at a time, think of the constant income that you can easily get when you have the equipment to give for rent.

Most of the people do the mistake of selling their heavy construction equipment when their job is done. They think that it is of no use to keep it occupying a large area in the workshop. But if you consider these above factors then you will know the advantages of giving your equipment for a rent rather than selling it. You can try this trick by investing on the equipment for once and make it a business as well.

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How to start Heavy Equipment Leasing Business

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With increase in construction and mining projects worldwide the demand for leasing heavy equipment has increased tremendously. Starting a heavy equipment construction business can turn out to be a lucrative enterprise considering the fact that you know the tricks. According to the USA based Equipment Leasing Association almost 80 % of the businesses in America requires the heavy equipments. So it is evident that heavy equipment rental contributes largely to a company’s success. Hiring heavy equipment is an attractive proposition for companies as they get their desired equipments without spending huge money. Here are a few steps which would be beneficial for you to start the business of leasing heavy equipment. Read it carefully:

Create a Proper Business plan

Firstly decide whether you want to lease heavy construction equipment like Bulldozers, Tractors, Excavators, Wheel Loaders etc or smaller equipment. Add information on monetary projections and revenue statement including balance sheet and cash flow report. Also do not forget to mention what are your plans to surpass your competitors.

Find a suitable location:

Choose a warehouse or a spacious office to conduct your business. The location should be appropriate for your business and cater to your needs.

Look in to your budget:

Look into your funds and spend it accordingly. It is essential that you purchase the right heavy equipment so that it maximizes your profits and productivity. Do extensive research about the various heavy equipment available in the market as well as online. It will help you to acquire information about the latest equipment with upgraded machine technologies. It will also provide you education about which equipment will cater to your needs and which will be suitable for your business.

Buy the heavy equipment to be used for leasing

It is important to invest wisely in the buying procedure of the heavy equipment that will be leased. Quality should come first as the equipment should be able to endure daily wear and tear. You can avail loans from commercial banks if you do not have adequate money. The equipments should be robust and long lasting so that it can be leased and rented to numerous customers or heavy equipment users.

Make good publicity of your business:

In this era of globalisation and dynamic business scenario competition has become part and parcel of every business. To make sure that your rental business reaches to wider customers it is important that you get good publicity. Advertising on Radio, Newspaper and TV are effective and powerful promotional mass media and will help your business to reach larger customers worldwide. These days internet or online marketing can give you good exposure and that much needed publicity. It will help to create a brand image about your business.

Over the years leasing of heavy equipment have been preferred over buying. Considering it is a capital-intensive business it is a safe option to lease them. The article will give you all the information that you need to commence heavy equipment leasing business.

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Be Careful While You Rent Heavy Equipment Online

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As the internet has become so popular all over the world, doing business online is the best way to earn maximum profit. The benefits of doing online business are not unknown to us. Where the others have to pay a lot of money for buying the office building for the business, online business would save you a lot of money in that case. But, the best part of doing online business is to acquire the target consumers through the internet. In today’s busy world where people do not have the time to look for advertisements all around them, online advertisements would provide the consumers the opportunity to get the desired results. Technology has reached such a zenith that not only advertising for your products, you can even sell or buy products online.

One of the most important and mostly needed products that have a constant demand in the market is the heavy construction equipment. In this 21st century, constructions projects are the basic parameter of growth and development. And to achieve this, the heavy construction equipment has the most important role. All the construction companies are, therefore, in a constant need for the heavy construction equipment. As the businessmen of the heavy construction equipment have gone online, the heavy construction equipment can be bought or sold over the internet. Not only this, you can also hire an equipment online site, and if you have an equipment that you do not want to sell but utilize for earning money, putting it for rent over the internet is the best way to earn some money.

Factors to consider while you rent heavy construction equipment online:

When you rent heavy construction equipment online, you have to be very careful about various factors. This is because you do not have the opportunity to look at the equipment with your own eyes.

  • Make sure that the equipment you are renting suits your requirement:

When you are in need of heavy construction equipment, you must check it with all the variety of equipment that you are getting online. Tallying all the features and details of the equipment with that of your requirement is the most important thing.

  • Know about the manual and safety measures:

When you are renting the equipment, you are actually obliging to all the rules and regulations of the equipment.

Know about the rental details and papers:

Before you make the payment, you must have a clear contract with the company that is offering the equipment. Before they offer the delivery of the equipment, all these should be settled. Whether the equipment has all the papers or not, is very important. Pollution rate, oil consumption rate, all must be checked beforehand.

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What are the Operational advantages of renting heavy equipment?

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Manufacturers of construction equipments have noticed the fact that the big economic environment is changing its gear to the renting of heavy equipment. As most of the construction companies are now busy with their work, that’s why they don’t want to spend much time and money in buying the equipment. Renting has many advantages which are discussed below:

Operational advantages

    • Extra-capacity:- To the companies who have already made up their mind of buying heavy equipment, renting the equipment plays the key role. This role mainly includes putting extra-capacity on an as-needed basis. It is very common for particular projects to put demands on the resources which go beyond the routine operations. That’s why, the company which has multiple units of that equipment also thinks to ramp up their abilities with additional equipments to get the job done in an efficient manner. Equipment rental equip the company with some additional means to get their jobs done in a better way as compared to other general units.
    • Fair play: – The quality of resources is the biggest factor which makes the big companies stands out from the small ones. A big construction business can afford the high-end equipment models with the trendy whistles and bells. But, a smaller company is compelled to manage with the more sluggish equipment for a long time. Renting generates a fair play giving opportunity to the smaller companies to get the top-level equipment. This helps the smaller companies to complete their work within the deadline and that too in an absolute manner.
  • Renting before owing: – Before going to purchase equipment, you should use it by renting it. This renting of heavy machine will enable you and your employee to get familiar with it. It is very important because ultimately when you buy that machine you can easily handle it at that time.
  • Service: – The main advantage of renting over buying is the outstanding support and assistance servicegiven to the company. The equipment rental staffs know how to manage the equipment. They also provide you with the tutorial classes on how to handle the equipment safely and effectively. They can easily solve all the problems related with the equipment.

 

Nowadays, large rental companies offer web-based programmes that allow the customers to rent and call off the constructional equipment, track rental fleet inventory and invoices of the review. This financial management online tool gives an additional budgeting tool which enables the contractors to have better control on costs of rental machines.

If you decide to rent equipment, you should look for the long-term impact of buying the equipment on your company’s balance sheet and operations to determine whether the utilization price is enough to justify the ownership. If the utilization price and ownership costs are not considerably less expensive, then the best thing for you is to rent the heavy equipment.

But don’t forget to read all the terms and conditions of the renting company before signing in any contract paper.

How to reduce risk by renting heavy equipment?

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Owners of construction industries are aware of the impact of economic decline on their businesses. Many of them have evolved a new appraisal for gripping money in their hands. They have started to explore strategies of risk management with a fresh vigour. In this competitive world, it is very important to rent equipment as one of the important strategy of risk management. It has both money and risk management advantages.

The construction industries have intensely fixed ownership culture regarding heavy constructional equipment. However, there are some advantages of leasing the machines which is almost same to all spheres of construction industry, irrespective of the type of equipment.

Renting mitigates asset risks

Renting minimises asset risks such as high maintenance cost. Bulldozing equipment requires maintenance. As the time passes, it faces much wear and tear. This increases the maintenance cost and repairing time of the equipment. This increased time and cost results in delaying of the project fulfilment. This delaying is a very big problem for the industries who are trying to maximize their crew. Renting assures that equipment stays first hand. Therefore, the money and time spent on its maintenance can be minimised significantly.

Apart from the maintenance of the equipment, businesses which buy the equipment straight away are responsible enough for ensuring that the purchasing is in compliance with appropriate regulations. The regular upgrading of the new equipment helps to keep up with the latest regulations.

Reselling of the construction machines is another important factor that constantly bothers the owners when they own such a machine. Sometimes, the owner should consider selling the older machine and decide what to do with it can be intimidating. There are very few companies who have right price to sell it in the market. Renting permits business owners to turn the machine in at the edge of the lease-period and move-on smoothly.

Use of Equipment management

As most of the entrepreneurs know that the monthly cost of renting the heavy equipment is really very expensive. If you want to go for purchasing new equipment for a particular project which will lasts for 2-3 years and which you are not going to use after that initial period, then it is not worth buying it. In fact, renting allows an owner to match the particular equipment’s usage with the deadline of the project. After that only, he should add that expense into its tender.

Your construction business relies on a variety of equipment to operate. Renting heavy equipment is a smart choice because the entire lease payment can be claimed as a tax deduction. If you want to rent the machine from an online company, then you only have to fill an online application form and submit it. After that they will give you a call for the further processing of your request. Or, you can directly give them a call so that you can visit the company physically. So, make your business bigger by renting heavy equipment.

 

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Renting Heavy Equipment Is No Longer a Lucrative Option- Taking a Look at the Probable Reasons

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Heavy equipment have always been an integral part of the construction industry. It is impossible to be in the construction arena and not get involved with the heavy equipment. And if that is so, then you must be aware of the rising debate between renting of heavy equipment and buying brand new ones.

Renting Vs Buying Heavy Equipment

It is often seen that people involved in construction face a dilemmatic situation wherein, they are unable to decide if renting heavy construction equipment would be a more lucrative option or investing in a brand new one would be better. To look at it, both the deals have their own set of pros and cons that needs to be considered. While renting heavy equipment for a short period of time is quite a good option, buying brand new equipment is better if you are looking for long term utility. Finances are also another factor involved in the whole thing. While renting heavy equipment may seem to be a cheaper alternative in the long run, there is no denying the fact that the overall experience is quite high.

Why Renting Heavy Equipment Is No More A Lucrative Option?

Start up construction companies and even established construction companies have always considered renting heavy equipment a more lucrative option over investing in brand new ones. Things have, however, undergone a change- renting is no longer that lucrative an alternative as it used to be. Let us peek at the reasons as to why this is so?

  • The first aspect in the renting of heavy equipment that one needs to consider is the economic aspect of the entire affair. Renting heavy equipment over purchasing a brand new one may seem to be economically lucrative initially, but with the passage of time, it tends to get more expensive. You have to constantly pay for using the machine and as a result the overall expense goes up by a considerable amount.
  • If you invest in brand new heavy equipment, then you will have the liberty of using it as and when you wish to. However, if you opt for rental equipment, you have to depend on the rental house renting out the heavy equipment.
  • Maintenance becomes another key issue in the entire renting procedure. If the heavy equipment suffer any kind of damage during its rental period, then you will have to pay for the damage done and therefore, comes about an unwanted hike in the expenses.
  • There is also the fact that the rented heavy equipment has been operated by multiple operators and as a result, there is always a question mark with regard to the working condition of the equipment.

Along with all of the above factors, there is also the fact that in times of need, construction companies are left with no alternative other than to rent heavy equipment, even if it comes at a price far exceeding its limits. It is, therefore, not at all surprising that the business of renting out heavy equipment is slowly becoming an option less opted for.

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Secrets to Boost Heavy Equipment Rental Business

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Heavy equipment rental companies are those organizations that provide the heavy equipments to the different industries in rent. These heavy equipment are normally used in construction purposes. Nowadays the urge of these rental companies increase a lot because of the price rise of the modern heavy equipment.  So if anyone wants to start the business of renting heavy equipments, this piece of writing is helpful for them. Whenever we start any business, it is requisite for us to have a good knowledge about that material. Therefore it is essential to acquire knowledge about the heavy equipments before starting the business.

Tips to Achieve Success in Heavy Equipment Rental Industry 

  • We all know the proverb that old is gold. It is usual that an old rental company is more renowned than a budding company. Therefore it is essential to understand the position of the budding company and how much effort is required to achieve the top rank.
  • It is important for a rental company businessman to check the revenue and payroll expenses weekly.
  • It is requisite for the businessman to examine in monthly basis the cash flow of his business.
  • The administration department of the heavy equipment rental company should be active and updated in monitoring and collecting receivable accounts.
  • Before starting the business it is necessary for the businessman to understand that how much money he can invest.
  • Selling of underutilised equipment helps in boosting the industry.
  • The businessman should use the rental software that assists in solving the problem.
  • There is a strategy that every equipment rental businessman should apply and that is to enlarge the guarantee period of the rental asset.
  • The businessman can save his capital by buying the old modelled equipments or the second hand apparatus.
  • It is important for the equipment rental company to give entire focus on the customers and customer’s service.

Responsibilities of a Heavy Equipment Rental Salesman

  • It is essential for a salesman to greet the customer with smile in his face. The friendly nature of the salesman augments the interest of the customer to know the services provided by the company.
  • The salesman should listen to and understand completely the need of every customer so that the customers never feel dissatisfied with the company.
  • It is the duty of the salesman to try utmost to fulfil the requirements of the customers based on company’s policies and rules.
  • The salesman has to converse with the customer in such a way that at last the customer is totally convinced to accept the contract of renting equipment from the company.
  • The salesman should have complete knowledge about the features and applications of the equipments and also well-informed about the competitor’s service.
  • The salesman should be proficient on the computer so that he can do the computerised work like filling the contractual rental form, writes quotes and shipping orders quickly.
  • The salesman should be well-informed about the features of the new products that are to be provided in rent to other industries. He should be knowledgeable about the promotions and advertisings of his company.

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Rent a Bulldozer for Construction Purpose

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A bulldozer is a crawler that is available in the market in the form of large heavy equipment. It is attached with a metal plate that is used to push large quantity of soil, sand and rubble at the time of construction. This bulldozer is also equipped with ripper to loose the thickly squashed material. The ripper attached to the bulldozer appeared in the shape of a claw. The bulldozer can be found in various places like on the construction sites, mine and quarry areas, military base camps, in the heavy industries factories and in the farm. Nowadays there are many equipment rental companies that are providing expensive heavy equipment in rent to the required companies. Many a times the construction companies rent the heavy equipment bulldozers for their edifice purposes. The mining industry rent the bulldozers for drawing out applications.

Importance of renting a bulldozer

  • It is essential for any construction company to rent the bulldozer because it is utilised in removing a large amount of earth and soil at a time. It has the capability of pushing a large amount of weight by using the blades attached to it. It helps the workers in reducing their stress.
  • Bulldozers are often considered as the principal device for building roads. When the process of building road is going on, the top soil on the road is removed by the bulldozer. It also helps to make the structure of the fills smooth that is used in building roads.
  • For the purpose of demolition bulldozer is often used. It is very hard for the labourer to break the old house, in those cases bulldozers shatter the house at once.
  • This heavy equipment is also used in farming purposes.

Types of blades used in Bulldozers

There are different sorts of blades that are used with bulldozers. The attachment of the blade with the bulldozer depends on the quality of the soil. That is its depend on the moisture content, terrain, ambient temperatures of the earth. The diverse ranges of blades are as follows:

  • The full form of s blades is straight blades. The geometrical shape of this blade is straight that is connected to the tractor by bulldozer. These straight blades are mainly utilised in the material that are medium or highly condensed. These blades are mainly used in various activities like stumping, trenching, backfilling, shaping and stripping.
  • Another genus of blade is SU blade. The full form of SU is semi U blade. This blade is generally applied to take out the earth from the middle ground. This blade is also attached with the tractor. The distinct feature of this blade is the forward curving side wings that helps to obstruct the spillage of material. This blade is used for soft and medium hard soils.
  • U blade is appeared in the shape of “U” alphabet. Because of the unique shape of the blade, it helps to take out the material in scoop.
  • Angle blade is another sort of blade that is used for various activities such as stumping, nodding of soft to medium quality of soils, trail pioneering etc.

 

 

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Renting an Excavator? Make Sure You Are Aware Of the Associated Factors

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The construction area is all about the optimal utilization of heavy equipment. Making the best use of the available heavy equipment is the best way to ensure that things are running quite smoothly. However, it may so happen that specific heavy equipment is demanded by a specific construction project. What will you do then? Well, buying brand new equipment does not really make sense. So, the best option that you have before you is to rent equipment and finish off your work.

The Excavator and the Area of Construction

The excavator is one of the many indispensible equipment that is seen put to use in the construction forum. Comprising of a stick, bucket, boom and cab on a rotating platform, the excavator has gone on to become one of the most important equipment on the block. One of the most versatile heavy equipment on the block, the excavator may be used for a variety of purposes, such as, in digging trenches and holes, construction work involving demolition, mining, river dredging and the like. Also termed as “trackhoes”, excavators operated by means of a cable largely depend on the steel ropes for accomplishing the purpose of work, whereas the hydraulic excavator, which is more commonplace, operates by means of the hydraulic fluids, hydraulic motors and hydraulic cylinders.

Renting an Excavator- Factors That You Should Know About

Are you going to rent an excavator? Well, that is all very well, but there are certain aspects of the entire deal that you need to be aware of.

  • The depth and size of the dig along with the ground cohesion are some of the major aspects you would need to consider before you opt for an excavator rental.
  • Assessing your requirement and then furnishing the rental company with the details of the same is another way of ensuring that you come up with the best equipment for your purpose.
  • A number of rental companies on the block might also offer you what is known as operated excavator, which means that they are going to provide you with a licensed operator for operating the excavator.
  • Since machines have to deal with so much, breakdowns are a common occurrence in the construction arena. In such a situation, the excavator rental company will be held responsible for it, especially so when they are providing certified operators.
  • Price is another factor that you need to consider. Excavator rental companies are likely to provide you with equipment on rent on a weekly, monthly or hourly basis. Hence, it would be best if you take into account the period of your requirement and then seal the deal.
  • You should also take a thorough look into the downtime policy of the rental company. There might be a period when you will not be able to put the rented excavator to work due to unfavorable weather conditions and paying for the equipment in such a situation is not really a lucrative deal.

While renting an excavator might seem to be quite a lucrative deal on the block, there are certain aspects of the entire renting deal that you should look into before anything else.

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    Things One Must Consider Before Renting Their Heavy Equipment

    As the construction companies are increasing rapidly, the demand of heavy equipment is also rising high. Conduct a construction site and perform several types of works you need to take help from heavy equipment. It helps to accomplish the works faster and smoother. However, the cost of such machines is too high for common people; therefore, sometimes they need to take help from the renting services. People can rent different heavy equipment to complete their job. Whether you want to start a new small project that needs few machines or you are going to organize a big project with hundreds of workers renting heavy equipment can be really helpful.

    But, before you are getting ready to take renting services, there are a number of things that you should consider. Whether you want to rent a crane or excavator, you need to know the proper ways of handling the machines. There are always some risks that can harm your work as well as the machine. Thereby, it is advisable to follow the proper guidelines before applying for the renting services. In this article, you will find out some basic points that help you to hire or rent heavy machineries. Take a look –

    • One of the most important things that you need to check before renting equipment is whether the owner of the machine follow the essential health and safety guidelines or not.  As you are going to rent this machine for your work, thereby, it is highly essential to check whether it is in the right condition or not. Heavy equipment is very useful in construction sectors. Thereby, you need to follow the safety and standard regulations. You should give main priority to the quality of the machine and not over price. If there is any problem in the equipment then you should check it first because it can cause many problems later.

     

    • You also need to check the liability insurance and take care of it. If there is any problem with the machine then you will be responsible for it. So, if you have any insurance then you at least can cover the damages. Otherwise it will be difficult for you to maintain the machine because it will take huge money. When you are going to rent a machine you should get insurance first.

     

     

    • Each machine comes with different parts that help the workers to handle different types of works. Thereby, when you are going to rent an excavator then you should know how to operate it. There are many specialized workers who are well trained and can help you in your works. In this way you will be able to know the right way of working with a machine. You should also try to get good information on the company before taking rent from them.

    These are the few things that you need to consider before renting heavy equipment. This will definitely help you in many ways.