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5 Factors To Consider When Buying Industrial Equipment For Your Business

Thinking of buying some industrial equipment for your company?

Whether you’re buying an industrial printer or a forklift truck, here are the factors that you should consider in order to buy the best machinery for your needs.

Purpose

The right machinery needs to be fit for your purpose. You don’t want something too basic that can’t keep up with the demand of your business, neither do you want to waste money on something too complex with features you’re never going to use. Consider your company’s potential growth in the future – a basic machine may suffice for now, but if your plan to expand your company you may feel that a better quality machine is needed.

Initial cost

Machinery can often be very expensive to buy and you may have to consider forms of financing such as leasing equipment or taking out a loan. You may also be able to hire equipment that you only need for a one-off job such as an industrial carpet cleaner for a special cleaning job where the client wants more than a regular vacuum clean. You should try to keep within your budget, but at the same time you don’t want to skimp on something that’s not fit for your needs.

Running costs

On top of initial costs, make sure that you’re investing in a machine that won’t cost you lots of money in the long run. Look for eco-friendly machines that aim to save power and fuel, whilst still offering the capabilities that you need. It’s important to check the condition when buying used machinery, as these second-hand machines may require more maintenance and repairs. Many modern machines such as smart die cutters now provide analytic data which can help to spot faults early or help you to reduce wastage – this could save you a lot of money in the future.

Health and safety

Equipment should meet modern healthy and safety requirements. When buying apparatus such as a heating oil storage tank, look for companies that sell brand new and have a good reputation. Certain machines may require you to buy extra equipment such as a chemical protective suit or add in extra health and safety features such as air extractors for fumes. You may also need to consider any extra training that your employees may need to operate the machinery.

Delivery

How the equipment gets delivered to your business premises is also an important factor to consider. Large equipment may need to come disassembled so that you can get into your premises and you may need to then hire professionals to then assemble it on site. You may also have to consider shipping costs when ordering equipment from somewhere far away. With lighter machinery, it’s possible that you may be able to hire a van and pick it up in person to save money on delivery costs.

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