Heavy equipment like bulldozers, excavators, skid steer loaders and motor graders can be a significant expenditure for construction companies and similar operations. Smaller businesses often discover that renting these items is the most practical acquisition method, as it helps control costs and provides more fleet management flexibility.
As a small business owner, you must know how to select the right equipment rentals for your projects to ensure you have what you need to get the job done and avoid wasting money.
Evaluating the factors that affect your jobs can guide you in the rental equipment selection process.
No two projects are exactly alike, and each likely requires different equipment types. Think about the various tasks you'll need to perform, such as digging, grading, backfilling and loading, and select the models that allow you to complete each one quickly and efficiently.
Choose equipment compatible with a range of attachments like buckets, forks, augers, blades and rakes. Adding attachments can transform a one-dimensional machine into a multipurpose workhorse. You won't need to rent as many pieces of equipment when you can perform several tasks with one model. This simplifies the project and reduces its overall cost.
Many equipment types are available in multiple sizes and configurations. Smaller machines are generally less expensive and capable of performing more safely and efficiently in confined areas. A larger unit will be more cost-effective when working in open spaces or when you need more power.
Some rentals are simple and straightforward to operate, while others, especially newer models, have lots of "bells and whistles" and advanced technologies. Consider your operators' experience and expertise when working with a potential rental. You may need to provide additional training or move to a less sophisticated unit to ensure safe and effective use.
Will you be working on rough terrain or in extreme weather conditions? Is the property owner concerned about noise during the project? Is the ground excessively soft or moist? You may need to tailor your rental equipment choices to account for these factors.
Cost is always a primary consideration for small businesses renting equipment. Your project planning process should include preparing a practical budget. Ways to reduce costs include using more attachments and fewer machines where possible. You might also look at utilizing long-term rental programs where it makes sense, as this can reduce the daily rate.
Are you looking for more advice on how to choose the right rental equipment? At The Cat® Rental Store, we help small businesses like yours get earthmoving machines, generators, light towers, aerial work platforms and everything else they need to succeed. The experts at any of our convenient locations can guide you through the selection process, enabling you to make an informed decision.
Contact us for more information and to request a fast quote today.