Forklift rentals are often beneficial in
the case of new businesses, construction companies and small warehouses.
With the initial capital lay-out to set-up a warehouse, you may very
well only have enough money left for one or two forklifts and you may
need more.
Start-Up Businesses
Instead of investing in more lifting equipment that depreciates in value and will mean capital lay-out, you can save money and rather spend such on other infrastructure or keep as operational cash in the start-up phase of the warehouse or wholesale business. Once the business has grown and there is enough cash on hand to make another purchase you can do so. In the mean time you can make use of forklift rentals which are often exceptionally cheap.
Agricultural Sector
Farmers, who only need lifting equipment during specific seasons or a short peak period of a month, will not want to buy lifting equipment that will depreciate in value, rust while in storage, and have to pay monthly insurance on such. In this instance the rental of a forklift makes more sense.
Construction Companies
Likewise construction companies prefer the forklift rental option since they have to move from one location to another. Since the forklift may not be one of the most used vehicles in their fleet, they end up transporting it, paying for maintenance, interest on finance, insurance and then cost of operation, all just to have a lifting vehicle used only on specific projects.
Additional Equipment
Warehouse owners and packaging facilities, in addition to dock storage facilities and wholesalers, make extensive use of forklifts. For them it makes sense to purchase the equipment, but there may be times when they need more than what they have on hand. During such periods they can make use of forklift rentals and thus only pay for the period of use. The equipment is delivered to them and thus there will be no need for additional transport to the premise.
Forklifts offered for rental can be electric, LPG or diesel. Diesel and LPG vehicles are not suited for indoor usage because of emissions. Warehouses with indoor and outdoor facilities may not want to purchase the outdoor types because they are not used as often. In this instance, the rental option makes more sense as well.
Save Money
New forklifts are often pricy and when having to consider the short, medium and long term goals and priorities of a company, when purchasing and renting is compared, the company owner may very well opt for the latter because it places less pressure on the budget in the long term. No doubt, there are times when purchasing is the better option, but when considering the benefits of rentals such as 100% tax deductable, no depreciation in value, and relatively new vehicles that can be rented for a fraction of the financing costs associated with purchasing, renting a forklift may be the only viable option.
What to Consider When Looking For a Supplier of Lifting Equipment Hiring Services
If you are browsing for service providers, consider the monthly and daily cost charged per vehicle. The company should offer new, used, and refurbished forklifts for sale in addition to rentals. When you are in a position to buy rather than making use of the hiring option, you will want to do so at the same company as you have already developed a working relationship and credibility with the service provider.
The company should be well established and should offer top brand name forklift rentals south africa equipment. The trusted brands will want to protect their reputations for excellence and as such tend to offer almost new forklifts for rent. When renting equipment, you will want top quality as to minimize the risk of break-downs during crucial periods. The best way to ensure such is to stay with the big guys that have large fleets, offer lower prices, and support.
Choices
You must be able to select from a wide range of equipment. A company that only offers indoor electrical driven equipment is not the right service provider. It must have both diesel and electrical. Choose equipment that has been tested in the industry. With such you will have the benefit of knowing that the equipment can handle the loads and will be safe to operate. Read the information brochures before deciding on the model and make. Safety, manoeuvrability, and durability as well as ease of maintenance are the main considerations regarding forklift rentals.
Start-Up Businesses
Instead of investing in more lifting equipment that depreciates in value and will mean capital lay-out, you can save money and rather spend such on other infrastructure or keep as operational cash in the start-up phase of the warehouse or wholesale business. Once the business has grown and there is enough cash on hand to make another purchase you can do so. In the mean time you can make use of forklift rentals which are often exceptionally cheap.
Agricultural Sector
Farmers, who only need lifting equipment during specific seasons or a short peak period of a month, will not want to buy lifting equipment that will depreciate in value, rust while in storage, and have to pay monthly insurance on such. In this instance the rental of a forklift makes more sense.
Construction Companies
Likewise construction companies prefer the forklift rental option since they have to move from one location to another. Since the forklift may not be one of the most used vehicles in their fleet, they end up transporting it, paying for maintenance, interest on finance, insurance and then cost of operation, all just to have a lifting vehicle used only on specific projects.
Additional Equipment
Warehouse owners and packaging facilities, in addition to dock storage facilities and wholesalers, make extensive use of forklifts. For them it makes sense to purchase the equipment, but there may be times when they need more than what they have on hand. During such periods they can make use of forklift rentals and thus only pay for the period of use. The equipment is delivered to them and thus there will be no need for additional transport to the premise.
Forklifts offered for rental can be electric, LPG or diesel. Diesel and LPG vehicles are not suited for indoor usage because of emissions. Warehouses with indoor and outdoor facilities may not want to purchase the outdoor types because they are not used as often. In this instance, the rental option makes more sense as well.
Save Money
New forklifts are often pricy and when having to consider the short, medium and long term goals and priorities of a company, when purchasing and renting is compared, the company owner may very well opt for the latter because it places less pressure on the budget in the long term. No doubt, there are times when purchasing is the better option, but when considering the benefits of rentals such as 100% tax deductable, no depreciation in value, and relatively new vehicles that can be rented for a fraction of the financing costs associated with purchasing, renting a forklift may be the only viable option.
What to Consider When Looking For a Supplier of Lifting Equipment Hiring Services
If you are browsing for service providers, consider the monthly and daily cost charged per vehicle. The company should offer new, used, and refurbished forklifts for sale in addition to rentals. When you are in a position to buy rather than making use of the hiring option, you will want to do so at the same company as you have already developed a working relationship and credibility with the service provider.
The company should be well established and should offer top brand name forklift rentals south africa equipment. The trusted brands will want to protect their reputations for excellence and as such tend to offer almost new forklifts for rent. When renting equipment, you will want top quality as to minimize the risk of break-downs during crucial periods. The best way to ensure such is to stay with the big guys that have large fleets, offer lower prices, and support.
Choices
You must be able to select from a wide range of equipment. A company that only offers indoor electrical driven equipment is not the right service provider. It must have both diesel and electrical. Choose equipment that has been tested in the industry. With such you will have the benefit of knowing that the equipment can handle the loads and will be safe to operate. Read the information brochures before deciding on the model and make. Safety, manoeuvrability, and durability as well as ease of maintenance are the main considerations regarding forklift rentals.
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Regards,
Sonera Jhaveri
http://www.sonerajhaveri.com