Masonry Magazine August 2011 Page. 33
Top reasons to rent construction equipment
1. Supplement basic equipment with specific rental equipment that extends your opportunity to compete for more jobs.
2. Fewer demands for equipment warranties, maintenance and upkeep on your end.
3. Eliminate warehouse or storage demands.
4. Have the right equipment to compete for the job successfully.
5. Equipment meets regulatory specifications for all types of construction jobs.
6. Less transportation expense on your part to move equipment.
7. Less equipment inventory for you to dispose of.
8. Eliminate equipment tax, license and registration issues.
9. Free up capital and personnel for other demands and a stronger balance sheet.
10. Offers a more cost effective option.
Many forecasting companies are seeing signs of better days ahead for the economy, in general, and for the construction industry, in particular. As a result, the ARA also is expecting an increase in equipment rental revenues, as existing and new customers discover the benefits of renting equipment on an "as needed" basis.
Scott Hazelton is a senior partner with IHS Global Insight in Lexington, Mass., an economic forecasting firm that ARA and RENTAL MANAGEMENT magazine partners with to compile exclusive equipment rental industry-specific data and analyses. Hazelton says part of the
While some say credit is loosening, it also remains difficult for many to obtain financing for equipment purchases.
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READER SERVICE #163 August 2011 MASONRY 31