It’s no secret that smaller construction companies are continuously competing with larger organisations for the same jobs. The construction and building industries are immensely competitive and being the best often comes down to using superior techniques and equipment.
If you’re running a small or medium construction business, it may not always be cost-effective to buy the same variety of tools that larger companies have. With that in mind, it’s easy to see why opting for the tool hire Bendigo project managers rely on, is still a popular choice.
Tool Hire is an Effective Way to Get the Job Done
Over recent years, tool hire has made it possible for smaller businesses to have access to the equipment they need without having to invest large amounts of capital. Essentially, tool hire offers contractors an extensive range of benefits which extend beyond the capital required. Our team of experts have compiled a list of reasons why your small business should opt for tool hire.
1. Tool Hire is Cheaper
One of the most appealing aspects of tool hire is the overall cost. Buying tools, even the smaller ones, can be quite costly. Since many small contractor companies have no guarantee of the amount of times they’re going to use the equipment, there’s no way of knowing whether the purchase will be cost-effective in the long run.
With tool hire, the project manager can hire what’s needed when it’s needed. This means that there’s no risk of buying a piece of equipment that’s going to be used once and then end up lying in a storeroom unused. Tool hire is also considerably cheaper than buying a new unit.
2. No Need to Find Storage Space
When you purchase tools, you will also need to consider where you’re going to place these pieces of equipment when you’re not using them. In many instances, this would require renting a workshop or storeroom. There’s also the aspect of ensuring that the equipment is secured to avoid theft, which is an additional cost.
Hiring allows you to use the tools for the period needed after which the units are returned to the rental company. In some instances, arrangements can be made for delivery to the job site and collection once the task is complete.
3. Access to Modern Equipment
Technology is continuously changing in different industries and the construction sector is no different. Machinery and power tools are also consistently being upgraded to complete work quicker and more efficiently. Purchasing a piece of equipment or specific tool means you’re stuck with the technology you’ve bought.
Tool hire, on the other hand, exposes you to the most modern features that can make the difference between finishing the job in a week or a few days. It’s also ideal for your team to keep up to date with changes in machinery as well as the industry as this benefits your business in the future.
Additionally, many pieces of machinery and even smaller tools can be used with accessories to increase the work they can do. Buying accessories separately can be costly whereas hiring allows you to choose the ones you need. There’s also no need to be stuck with an accessory you’re only going to use once.
4. No Need to Worry About Compliance
The construction and building industry come with a lot of regulations and compliance requirements. Since these regulations and safety standards are constantly evolving to stay current with changes in the industry, it can be challenging for small companies to stay up to date.
Tool hire agencies make it a priority to keep abreast with industry changes, latest standards and safety requirements. By renting, you will always have peace of mind that your tools and machinery are safe and compliant. Your tool hiring agent will advise you of any changes that affect your business or the way that you use the equipment. There’s no need for you to do any additional research.
5. Training Provided
Some tools and machinery require training if an employee will be using them for the first time. If you have bought the equipment, you will have to arrange training as well. This is not only costly but also takes your employees out of the job site.
Tool hire companies offer training on how to use their equipment safely and efficiently. In some instances, these companies also have operators that you can hire for the period you’re using the equipment. This can be more beneficial than hiring employees who aren’t familiar with the tools and machinery you need to use.
Final Thoughts
With a wide variety of machinery and tools available for rent, it has become considerably easier for small businesses to compete with larger companies for the same jobs. By renting compliant and safe equipment under flexible conditions, you can ensure that you’re only paying for tools when you need them.
With access to modern technology and superior features, there’s also no reason why you should be trying to meet deadlines with older, outdated features. Get the perfect tool for the job at hand without the stress of an enormous capital outlay!