Construction Projects - why hiring equipment might be a better option

by Startacus Admin

Planning a construction project for your business? Here are a few reasons why it might be better to hire equipment rather than purchase...
If you’re planning a construction project for your business, perhaps a new office building or an extension to your factory, there are lots of factors to consider. Here, we take a look at why hiring equipment for your project might be the best option and, in particular, cranes.
To Save Time
If your project has tight time constraints, hiring a crane can make the removal and movement of materials much quicker. Cranes can allow your workforce to get on with the actual construction jobs that otherwise would have been slowed down by having to move materials and waste beforehand.
Lack of Funds
Your business may not have the capital or funding to purchase a crane outright, and it might not make much financial sense to spend money on a crane that you are only ever going to use for one job. In these circumstances, it is better to hire a crane for the period of time that you are working on a construction job. Additionally, hiring a crane means that you don’t have to fork out any money for maintenance and insurance costs, since these are usually included within the amount you pay to hire the crane.
You Need More Than One

Safety
Since you are hiring a crane from a company, you can be safe in the knowledge that the crane has been professionally checked by experts before allowing you to rent the equipment. A rented crane should be in accordance with safety standards. This can push the liability towards the rental company, rather than you as an employer who might not know how best to maintain and look after a crane. This can help ensure that your staff are kept as safe as possible when using the crane. Localised hiring from the likes of KWIK Logistics, who offer crane hire Perth might be a good option if based in Australia.
There are plenty of things to consider before hiring a crane, but it is certainly the better option if you are a contractor and know that you will not need to use a crane very often in the future. Even if you do use cranes regularly, hiring a crane gives you the flexibility to choose the best crane for the job, and will save you money in the long run.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 29th September 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.