Hire Or Buy Floor Sweeping Machines When You Need Them
August 30, 2012 | by digital@lkda.co.za
There are a number of times that you may find that you are in need of floor sweeping machines. This is especially valid if you are the owner of a start up cleaning company. You will generally have two options when it comes to this kind of cleaning machine.
Hiring
This is your first and most short term solution to getting floor sweeping machines when you need them. It is short term as it is not cost effective to hire a sweeper every time you need one, especially if you are needing one more and more often. Hiring a floor sweeper is generally more expensive than it would be to buy a machine of the same kind if you work out how much you spend on the rental and what the machine would have cost you and how much more work you would be able to get in if you had a machine of your own and did not have to rely on being able to hire one to do the jobs that require this kind of machinery.
Buying
This is generally not an option for a startup company as they do not have the capital to buy floor sweeping machines at first. It does work out cheaper in the long run than hiring does though. You will also be able to claim some tax back each year in equipment depreciation and running costs where you can only claim back the expense of hiring the machine if you hire one.
The option that you end up taking will depend on two things. The amount of capital you have available to you and the frequency with which you make use of floor sweeping machines in your day to day operations. If you do not have the capital but you use it a lot then you might want to consider getting a business loan to purchase one as you will probably save more money doing things that way than you would if you were to hire one every time you needed to use a floor sweeping machine for a job that you have been offered.