Many modern businesses require machinery to operate – this could be anything from a PC to a coffee machine to a die cutter to a forklift truck. Buying machinery requires a lot of planning. It can be an expensive purchase and you need to make sure that it does all the things you need it to do without being overly complex. Here are 5 tips for those hoping to invest in some machinery.
Do your homework on the specs
Buying machinery requires a fair bit of homework. First you need to understand all your options. For example, if you’re buying a die cutter, it could be worth researching different cutting materials. The most common choice of cutting material is steel, but there are materials such as tungsten carbide as found here, not to mention more expensive processes like lasers. The nature of your business may benefit more from using a certain type of material, which is why research isn’t important.
Similarly, you should read reviews by online tech blogs and fellow users. This will give you a good idea as to what strengths and flaws certain machines may have, so that you know which to look at and which to avoid.
Consider used machinery
Buying brand new machinery can be very costly. Used machinery is likely to be much cheaper and could be just as effective, so long as you’re not buying a heavily used machine that’s older than a decade.
Many businesses that are closing or making cuts will put machinery up for sale on sites like Gumtree. This machinery may be next to brand new in some cases, but drastically cheaper than were you to buy straight from a manufacturer or retailer. If you can see the machine in person before buying, this could be beneficial, so that you know it’s in good condition. Sellers will often supply images, but these could always be taken from a flattering angle.
Consider leasing machinery
Another way to cut costs is to lease machinery rather than buying it outright. There are lots of equipment leasing companies out there that can offer you everything from printers to carpet cleaning machines. This can be ideal if you only need to use these machines for the odd occasion or for a temporary time. You can also lease machinery for permanent use such as computers and industrial equipment, but be careful of leasing something to long and paying more in total than you would buying the machine. Loaning machinery could be a better idea in some cases.
Organise the right delivery method
Machinery can be expensive and difficult to deliver. You can expect expensive charges for heavy machinery that may need to be delivered by van or lorry. Big machinery may need to be order in parts and assembled by professionals to get in your premises if you only have a narrow doorway to get in. You may be able to save costs by hiring a can and picking up this machinery yourself, but sometimes the convenience of having it delivered can be better for you and your business.
Keep your machinery serviced
Any machinery you buy needs to be regularly serviced, so make sure to keep a logbook. PCs may not need this, although it could help to have an annual file cleanup. Machinery that’s looked after and monitored will last longer and work more efficiently, ensuring that your business runs smoothly too.