There are times when we all go through a sluggish period and do not have much work in hand. At this juncture, we not only have to manage the recurring costs to keep the company going but also have to ensure that the heavy equipments that are lying idle are well maintained. We can’t just let them rust for doing nothing. Therefore, the maintenance adds up to the cost making things all the more difficult. Under this situation, it is wise to simply rent the equipments to someone who is in need of them and can also afford to pay the rent that you want.
Renting heavy equipment may sound complex but in reality it is pretty simple to do so. You only need to find the right guy for your machine. We may be a bit apprehensive with the thought that the person using it may not care for it and that might lead to the machine getting wear off in less time than it should have. Well, these are just apprehensions and things can always be worked to set them in the right place. For instance, you can rent the machine to someone you know or if at all you’re giving it to a stranger, you can make an agreement where you can state that you may do an inspection of the equipment after every quarter and if you find that they are misusing the machine, you have every right to cancel the agreement and take your machine back.
One of the simplest forms of renting the heavy equipment is by posting it on internet. For the ones living in Texas, there are several sites which can connect them with the prospects. These websites work as an intermediary between the giver and the taker. In order to post your stuff on their websites, you have to first register with them. There may be an annual subscription fees that they may charge you for your services or may bill you for only listing the item on their website. The fees may differ depending upon the price of the equipment. Higher the price of the item more would be their fees. You have to update your credit card information on their website and then are post the equipment. It also gives you the privilege to monitor the number of prospects who have visited your item and if needed you can also communicate the prospect or vice-versa.
If you find a party who is interested in your equipment, ask them to pay a visit at your place and if they want, they can check the equipment to ensure that it’s working. Once they are content with the stuff, you can draft an agreement and can ask them to credit the money in your bank account.
You can also opt to advertise in a local newspaper that is widely circulated all over Texas. You may find some success in that as well. However in this modern age, it is recommended to post things on website as that may give you more and better responses.