WorldWide Drilling Resource

9 APRIL 2021 WorldWide Drilling Resource ® Reasons to Rent Heavy Construction Equipment Articulated trucks, excavators, bulldozers, graders, compactors, scrapers, wheel load- ers, and other heavy equipment are vital to particular businesses. However, some of these may sit idle more than they are used, so renting them on an as-needed basis may be more cost-effective than ownership, plus: a More job opportunities - Instead of turning down a job because you don’t have the equipment, rent the machine needed for the duration of the job. a Maximize profits - The right-sized equipment for the job saves time and money. Too small, and the equipment will have to work twice as hard; too large, and there can be difficulties maneuvering in tight spaces. Both can lead to excess fuel consumption and operating time. a Transportation cost savings - If you have two jobs at a time with only one piece of equipment to transport between them, consider rent- ing from a local source instead of transporting equipment to both jobs over long distances. a Business expense deduction - Equipment rental can be an expense deduction, so will lower the business taxes. Having the right equipment is essential to getting the job done. Photos courtesy of Ring Power Corporation.