If you’re working in construction today, you’re likely under more pressure than ever to improve productivity and efficiency while reducing costs. This was true before a global pandemic slowed down or halted work in almost every sector. As the world starts to adjust to a new normal we are starting to see work ramping up again, but these pressures remain. So, what does this mean for contractors looking to grow their business while managing financial risk?
Looking at equipment differently and considering renting versus owning is a good first step. Incorporating rental machines into daily operations is a way to respond to shifting market demands, economic uncertainty, and increased competition. Whether it’s a compact machine for a quick landscaping job; a replacement for a unit that’s in the shop; or a more specialized piece of equipment needed to bid on a larger job; rental equipment can help contractors quickly scale operations to demand.
Read the full article in Canadian Contractor.
Share This