When deciding to start a company, there’s a lot of options to choose from. However, the one thing you can’t go wrong with is to start an endeavour in the construction business as there’s always bound to be a demand.
With that being said, starting a construction company can be challenging for a few reasons, one of the most prominent ones is making sure you have all of the essential equipment. On top of this, the equipment needed to start a successful construction company can be very expensive and is definitely a big investment, so it’s important to make sure you make the right decisions.
To help you get started and ensure you aren’t wasting money, this article will discuss some essential equipment for a construction company.
Buying equipment versus renting it
Before we move on to the actual equipment,
it’s important to understand the differences and benefits of renting out
equipment and buying it.
First of all, buying equipment is a really big investment. And, for a company that’s only just starting out, if it breaks or something else happens to it, the costs may be so severe that they can make your newfound business go bankrupt.
Because of this, when you are getting started, opting to rent equipment is definitely the safer option. There are many businesses that can offer you excavator or crane hire in Brisbane, Sydney and other major cities for an affordable price. This won’t only help you save many and eliminate risk, but it will also help you provide specialty performances and help you further manage your time and money more efficiently. You may also consider buying equipment from industrial auctions.
Once you feel like your business is in a
desirable place, purchasing your own equipment will start to make more sense.
This will make it so that the equipment is available whenever you need it and
will additionally reduce the costs that come with renting out multiple pieces
of equipment for a longer period of time.
Excavators are the most basic and essential piece of machinery every construction company has to possess. This is because excavators are very versatile and can be adapted to doing or helping out with pretty much any job necessary on the site. Most commonly, they are used to move materials, dig up trenches and foundations as well as for demolition, but they can also be fitted with many special attachments for other jobs.
All in all, if you are thinking about what the first piece of equipment you are going to buy should be, there’s no doubt it should be an excavator.
While not as versatile as excavators, dump trucks are still an essential piece of
equipment as they give you the ability to move and dump heavy material as well
as trash around, onto and off the site. Dump trucks come in many different
shapes and sizes but, if you are just getting started, a medium sized truck
should take care of all your needs.
Bulldozers are one of the strongest and
heaviest pieces of machinery used in construction. They are primarily used to
clear out the terrain or move dirt around the site, but they are also quite
often used for demolition. However, because of its size and weight and the fact
that it runs on tracks, unless you have a very big need for it, it may be best
to wait a bit before looking into acquiring one as the logistics of operating
one can really hurt your finances.
Backhoe loaders represent a mix of an
excavator and a bulldozer, and this can make them indispensable on the
construction site. While each of those machines is individually better at the job
they are made to do, backhoe loaders have the advantage of being
lighter and more agile on the worksite. This means they can shine when working
in a limited amount of space, performing tasks excavators or bulldozers may not
be able to. On top of this, they are wheel-driven, which means they can be
driven to the site and that makes them a lot easier to move around.
The construction equipment listed here represents the most basic and essential equipment every construction business should possess, but it’s important to keep in mind that the equipment you will be using the most will highly depend on the type of construction projects you decide to specialize in. With that in mind, you should aim to have all of that stuff figured out beforehand, as that is the only way to find out just what you will be needing.
About Author: Salwa Awad Quraishi
Writing marketing research reports, documenting the identified business problems and organizational change requests is often difficult for people within organizations. This is what I help them with. Join me on Linkedin.