Tag archive for ‘Construction’

Construction Equipment: 4 Reasons Why You Should Rent Instead of Buy

by Admin - on Mar 16th 2018 - Comments Off on Construction Equipment: 4 Reasons Why You Should Rent Instead of Buy

Man weldingSo, you have another project coming up, and maybe you think your business could use a bulldozer right now. Before even thinking about shelling out loads of money for new equipment, think about how it would impact your company’s risk, expense, and opportunity when compared to just renting the big monsters.

Construction equipment rental has it’s share of advantages, too. Here’s a brief look at four of its benefits.

1. Cut-Off Storage Cost

Because this equipment won’t stay with you forever, you don’t have to invest in huge lots of storage or regular maintenance checks when they’re not in use. The rental company can worry about that.

2. Reduce Opportunity Costs

When you purchase your equipment, the money that’s used to pay for it is gone forever. Renting will help you save more of those funds to use for other opportunities to grow or invest in.

3. Use the Latest Equipment Technology

Rental companies are always updated with the latest technology when it comes to construction equipment. By renting, you can make sure you’re kept up to date and in compliance with specific construction equipment regulations.

4. Cut-Off Maintenance Costs

If you have your own equipment, regular maintenance checks have to be done to ensure safety during operation. You’ll also have to spend for your worker’s training on how to handle and operate them. Renting will shed all these expenses off your books.

If you’re going to use this equipment every day for an extended period, then buying your own can be an option. You can consider renting equipment as a test drive before buying. It’s better to get a feel for the equipment you plan to purchase before actually investing in it. Choosing between buying and renting may depend on your company’s needs and requirements. Make sure to assess those before making a decision.

Build It Up: Profitable Business Ideas in the Construction Industry

by Admin - on Jan 2nd 2018 - Comments Off on Build It Up: Profitable Business Ideas in the Construction Industry

Two engineers planningThe construction industry is one of the biggest sectors worldwide, and it continues to grow. Infrastructure is one of the factors by which the development of towns, cities, and countries is measured.

Roads, office complexes, shopping malls, skyscrapers, school campuses, and other structures are signs of progress. All of these are products of construction companies. Starting a business in construction may be capital intensive at first.

You need to spend on equipment, such as trucks and cranes for your construction company in Houston, plus there’s also the cost of managing a workforce. Lampson International notes that even with all these expenses, you can be sure that you will turn in a profit soon enough, especially if you invest in the right equipment and hire the best people.

If you are thinking of getting into construction but haven’t figured out exactly which area you’d like to focus on, here are three of the best construction business ideas to consider.

1. A Construction Company

Thanks to an increase in real estate values as well as housing demand, the residential building construction industry has become one of the fastest-growing industries for small businesses. In addition, demand for retail buildings is also making commercial construction indispensable.

Starting a construction company, then, gives you the chance to be a major industry player in Houston and beyond. Get good people to work for you, invest in quality equipment, and build your network to position your business, and you will soon see the contracts pouring in.

2. Pre-Construction and Post-Construction Cleaning

Before and after construction work, one needs to clean out a site. Pre- and post-construction cleaning is another area of the construction industry that you can venture into. Cleaning is a must before any facility can be greenlit for rental or leasing.

Pre- and post-construction cleaning can be offered as part of your construction company’s services or as a separate service. You could partner up with different construction companies for this purpose.

3. Construction Equipment Rental

If you don’t have the workforce yet to start a construction site cleaning company, you can go into equipment rental first. Construction equipment such as concrete mixers, tractors, and cranes are always a must in construction sites.

Here’s a tip if you want to go into the equipment rental business: Network with industry stakeholders and position your office well (choose a good location) and virtually (through social media and a website). Doing so will help your business attract customers easily.