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WHY
YOU SHOULD RENT
1.
MINIMUM INVENTORY
Ownership can be very expensive when equipment is idle. Combining ownership
of basic equipment with rental equipment as needed will minimize idle
time.
2. RIGHT EQUIPMENT FOR THE JOB
Eliminate the hidden costs of inefficiency due to use of wrong size or
type of equipment and maintenance and repair incurred. Rental equipment
ensures the right equipment for the job.
3. WAREHOUSING
Use of rental equipment eliminates the need for large storage area and/or
buildings; thus overhead in your cost of doing business is minimized.
4. BREAKDOWNS
Virtually all equipment is subject to occasional breakdowns. However,
when rented equipment breaks down idle time is minimized through replacement
by BER and repair costs are eliminated.
5. MAINTENANCE
Rented equipment includes full maintenance, no repair shop, no spare parts
inventory, no mechanics, and no added maintenance payroll or maintenance
record keeping.
6. EQUIPMENT OBSOLESCENCE
Ownership of equipment involves the risk of rising wage costs and slower
job completion time due to owning worn, obsolete models when new, better,
faster models are available from BER.
7. DISPOSAL COSTS
Preparing used, obsolete equipment for resale, and advertising and selling
time are factors of ownership that do not occur in renting.
8. COST CONTROL
Knowing the true cost of owned equipment is difficult. Rented equipment
offers you just one accountable cost figure, the rental invoice.
9. INVENTORY CONTROL
The presence of continuous billing on rental equipment establishes personal
accountability. Inventory loss due to pilferage is minimized.
10. TAXES/LICENSES
Personal Property taxes and license costs are eliminated on rental equipment.
11.
CONSERVATION OF CAPITAL
Renting construction equipment frees your capital for other potentially
more profitable uses.
12. INCREASE IN BORROWING CAPACITY
Contractors who rent instead of purchase find borrowing easier with a
better ratio of net worth to liabilities since equipment does not appear
as a liability on the balance sheet. The normal line of bank credit is
not disturbed, a most important asset in securing bonds for construction
work.
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