Unless your company uses a crane for every single job that you are hired for, you might want to skip out on the purchase of a crane. To help you better understand why that is, you will want to take some time to review the following points.
You Won't End Up With Additional Debt
A crane is certainly not an impulse purchase, as it is incredibly expensive. Even the smaller cranes are generally too much money for the average business owner to be able to afford without taking out a loan. With a loan comes high-interest rates, so you would be paying even more in order to own a crane, and if it is not a machine that you use every day, it might not be worth it. Also, when you own a crane, you have to make sure that you are carrying enough insurance to cover the repair or replacement of it in the event of an accident. This is an additional amount of debt that you would have to deal with, as the additional equipment can cause your insurance policy premiums to go up.
You Don't Have To Store It
Out of all of the machinery that you use, you might come to realize that the crane is by far the largest, especially when taking its height into consideration. Therefore, you might find that it would be a struggle to find proper storage for a crane when it is not in use. You may not be able to find a suitable storage unit to store it in, so you would have to pay for a custom-built garage or storage unit in order to protect the crane from harsh weather and the possible vandals that run around. When you are simply renting the crane, this is something that the crane rental company deals with.
You Don't Even Have To Operate It
Because of the expense of a crane and the skill that it takes to operate one efficiently, more and more crane rental companies are providing an operator along with the crane. This way, one of their trained crane operators will work the crane for you. This saves you the time and the worry that comes from having to train a few employees to operate a crane.
If you are ready to sign up for the rental of a crane, you will need to get in contact with your local construction equipment rental company like Agin Crane Service.