RayRich
New Member
Background:Thank you to all for your help along the way. You have been very helpful in getting my business going. I run a part-time local business to help people with the outdoor maintenance of their homes. Most of my clients are elderly and need help with things like cleaning gutters, power washing, painting sheds, and all sorts of odd jobs. I do not run this to get rich, but to keep some excess cash coming in. With the help of this site, I also started doing stumps because I realized there was a need for it. I need your guidance on a question now that I get at least one stump job a week.
Question: Should I continue to rent a machine, or should I buy one? I am sure you have all had the same dilemma I had below.
Renting: I currently rent a vermeer stx60. I like that I am not on the hook if anything breaks, the machine has tracks and plenty of power for what I do. What I have not been liking is that I have to wait until I have enough business to profit (after the rental fee) and then I have to run around like a madman to get everything done in the 8 hour time that I have with the machine.
Buying: I can only afford a tow behind like an old carlton 3500 or vermeer 630b. I live in a very rural where access is not really a problem, but it may not be as convenient. What I like about this method is that I can spread out the work, not make my customers wait, and can keep the revenue stream from this service more consistent while not having to pay the rental fee. There are also the concerns of an unexpected expensive repair and the reduction in horsepower since I would be going form 60 to 35 hp.
Thoughts? Thanks in advance.
Question: Should I continue to rent a machine, or should I buy one? I am sure you have all had the same dilemma I had below.
Renting: I currently rent a vermeer stx60. I like that I am not on the hook if anything breaks, the machine has tracks and plenty of power for what I do. What I have not been liking is that I have to wait until I have enough business to profit (after the rental fee) and then I have to run around like a madman to get everything done in the 8 hour time that I have with the machine.
Buying: I can only afford a tow behind like an old carlton 3500 or vermeer 630b. I live in a very rural where access is not really a problem, but it may not be as convenient. What I like about this method is that I can spread out the work, not make my customers wait, and can keep the revenue stream from this service more consistent while not having to pay the rental fee. There are also the concerns of an unexpected expensive repair and the reduction in horsepower since I would be going form 60 to 35 hp.
Thoughts? Thanks in advance.