QUOTE(Henry Jordan @ Jun 1 2013, 05:05 PM)
A lot of enterprises today are utilising construction material (equipment) rental service providers to rendezvous their need of the appliances they want for a exact operation or task. There are many advantages that they can enjoy with it. Buying machinery means making a huge buying into. Construction devices are very expensive.
Purchasing benchmark tools and appliances like forklift or cranes means spending thousands of dollars. Their upkeep and repair cost is also high.
In the construction industry, a general rule of thumb is that if you don't use a piece of equipment more than 60 to 70 percent of the time, you should consider renting. However, if your operation rate exceeds that threshold, consider purchasing or leasing the equipment.