There is of course still the greatest benefit of hiring equipment, which is the effect it has on your bottom line compared to purchasing machinery outright. Hi-tech cleaning machinery is expensive to purchase and involves a number of extra costs such as storage, maintenance and the inevitable repairs. With hire, there is no significant upfront outlay, freeing up capital to be used elsewhere in the business. Hiring is also fully tax deductible, and unlike capital equipment, comes off your tax bill in the first year. Plus, there will be no servicing bills and you’ll get the latest equipment delivered immediately, saving you money and avoiding potential delays.
Often, it will also come with full maintenance and servicing included as standard, meaning your own employees don’t have to carry out time-consuming repairs to maintain the standard of the equipment. Furthermore, if a machine is beyond repair, when you hire you’ll get a shiny new machine ready to clean again!
Its often a benefit that is overlooked, but why not try before you buy? Purchasing machinery is a big commitment and a big capital outlay, so hiring your suspected desired machine for a few weeks to ensure it does the required job before purchasing outright can provide peace of mind. Plus, you’ll have had access to that expert advice when you take out a hire, so you know you’ll be getting the perfect machine. By trialing a machine, it allows you to test the machines capabilities, the frequency with which you use the equipment, its flexibility and increase in efficiency it delivers, all making capital purchasing decisions intelligent ones.