Learn more about the Dieseko Group here.
BH are exported all over the world and different industries with quality first. Our belief is to provide our customers with more and better high value-added products. Let's create a better future together.
Every contractor has to buy new equipment, whether because the units he owns don’t fit anymore or because new projects require additional foundation machines. Buying a piling or drilling rig means a serious impact on your budget, though so many comparisons have to be completed in order to purchase the right equipment. We have listed some aspects worth considering below.
What’s the purpose of the job?
The most important question to be answered is what type of machine is needed. What is the main purpose of the rig you would like to add to your fleet? Depending on these variables, a short list of rigs can be made and more research can be conducted before you make your final decision on purchases. To this end, an exploratory meeting with a sales engineer can be very useful when considering buying new equipment.
What’s your budget?
Although acquiring new foundation equipment means a serious investment, we’d recommend that you look further than the lowest price. Is a brand new machine a must, or do you want to add an overhauled used machine to your fleet? Remember, too, that the purchase price of a rig is not the only cost you have to deal with. Bear in mind the quality of the machine and the condition. In the case of an overhauled machine, remember to check the number of running hours, where the rig is coming from, and what application it was doing – so that you can estimate upcoming service costs.
What service level do you expect?
After you’ve purchased your rig, the expenditures do not stop. After a certain period of time, parts need to be replaced and maintenance has to be planned. Before you buy foundation equipment, have a look at the price and service level of these aspects and try to forecast the future expenses. It’s also relevant to find out the proximity of a service location and the quality of the first line support, as well as service and repair costs.
What do you expect when the rig is delivered?
A new rig means new features and options. Next to a user manual, we’d recommend that you make sure to have full support on determining how things work upon delivery of the rig. Try to include in your contract some familiarization time for your operator so he gets the best information first hand, and so that he can use the equipment to its full potential.
Of course, there are many other aspects to take into account when buying a new rig. For example, transport regulations, parts availability, and payment structures.
For more information, please visit Bucking Unit.
Starting a business can be expensive, and part of those costs include buying the equipment employees need to do the job right. For cleaning and restoration professionals, some basic needs include a moisture meter, service van, a truck mount extraction unit, dehumidifiers and fans. When they start out, many have only a few pieces of equipment, but as their business needs expand, so too should the tools in their arsenal.
According to Jeremy Reets of Reets Drying Academy, business owners should buy enough equipment “to do one good-sized job.” He notes that the rent versus buy question usually arises during a storm or a similar event, where there is a lot of work coming in and the company does not have enough equipment. Reets says a company should only buy more equipment if they need more equipment on a regular basis. Buying only the equipment they need and renting the balance needed for a large project will give them the best opportunity to make the most money on that particular event.
Establish a Rental Agreement Early
Reets says firms should consider renting equipment if they get a large project or multiple jobs. He recommends establishing a rental relationship early on so they will be ready when they need to rent equipment. During a CAT job, restoration equipment will be rented or sold out fast, making it important to have an account established early on so they can act quickly.
Patrick Choma of Herc Rentals says, “Restoration contractors who rent the most equipment early can usually find the best availability, and will then have the opportunity to use the equipment on many jobs — potentially using the same piece of equipment for several weeks, or months, continuously as they contract new work.” He emphasizes the benefit of having a relationship with a rental company prior to a major loss. “First and foremost, partnering with the right equipment rental company will ensure that the restoration contractors’ customers will get the equipment and service they need precisely when they need it,” Choma says. “The right equipment rental company is one who has the industry’s best, highest performing and innovative products, along with a commitment to acting as a true partner, not just a supplier.”
When to Buy
Before purchasing new equipment, cleaning and restoration firms should make several considerations, such as the lifetime cost of ownership. This includes not only the initial purchase price, ongoing maintenance and worker training, but also the cleaning effectiveness, ease of operation and maintenance, speed of repair, productivity rates, multipurpose efficiency, transportability and customizability of the equipment.
Before making an equipment financing decision, business owners should ask themselves:
Manage Your Inventory
Once cleaning and restoration professionals have the equipment they need, they should consider inventory tracking tools that can help them optimize their resources and effectively manage their inventories. These systems will help them keep tabs on the location of their equipment; the quantity, age and in-service/out-service status of each piece of equipment; date purchased, serial numbers and maintenance records; and provide tools to help them keep their equipment in working order.
Ultimately, experts suggest only purchasing more equipment when there is a business case to do so. Even if a major hurricane causes a spike in business, companies should make risk-based financial decisions on equipment purchases. Organic growth spurred by strategic investments can lead to greater profitability down the road.
Contact us to discuss your requirements of threading in lathe machine. Our experienced sales team can help you identify the options that best suit your needs.