sounds like an oxymoron to me. lol.
plas. depending upon how much work you actually do what would make more economical sense would be to do a couple or three jobs and get the work done and piled up and then on the 4th day come by with the chipper and bang it all out in a day.
Talking about say chippers, stump grinders and such.
Is it possible to still make good money if you rent your big machines instead of buying them? I'm thinking about doing this with a chipper...
plas. depending upon how much work you actually do what would make more economical sense would be to do a couple or three jobs and get the work done and piled up and then on the 4th day come by with the chipper and bang it all out in a day.
I contract climb occasionally for a guy who has been averging 750 000 in sales the last 10 years and the only thing he owns is a ####ty little f150 with hand tools for the odd small prune job that he can though in the truck. .
and if this guy actually owned equipment he would have more money in the bank. renting is an unecessary overhead for equipment you need more than one day a week
Only thing we rent is a crane because we only do approx 20 crane jobs a year. average $25k in expense. However, the other side of coin must realize that in approx 8 years of renting a $200,000 crane could be bought and paid for and the actual cost plus depreciation written off on taxes.
those who even question what equipment purchases make sense or not is not a business minded person. Best to stick working for someone if you can't see oportunistic cost.
Nobody has covered the maintenece on all that equip. That is the big hurdle with being a small guy trying to own and run equipment. How many of you have put in 5 14 hr days in a row then have time to change grinder or chipper, teeth, fix leaky hydraulic lines on a bucket truck, and just take care of the general maintenece stuff that needs to be done on all of it weekly? If you have a few good guys that can handle that kind of work that makes it easier but you still need tools and shop space to do it right and in a cost effective manner.
Sure you can depreciate things but if you dont' run it every day it may not make good business sense to own. I rent bucket trucks, chippers, etc by the week to save a bunch of money and schedule accordingly since I don't have that amount of work for 5 days a week every week of the year to justify owning that stuff plus I don't have the maintence hassles nor the expense of putting a $600 a year tag plus fuel taxes on a truck I don't run every day. Renting can make a lot of sense until you grow enough to support all the overhead of men and equipment.
Renting is a pain in the ass. It takes up valuable time, as far as picking it up and dropping it off. The rental companies around here have junk equipment and in return you spend even more time working on/with it. If your gonna be in the the biz and need it then why not buy it?
Hey, being from around here you can appreciate this. This guy from Phalba over there calls to get a price on removing two stumps. I tell him $175.00 to take them four inches below the existing grade. He tells me too much money he is going to rent a machine and do it himself. While I am there the neighbor walks over and has five or six little stumps to grind and I tell them I am going to Canton in a week or so and will stop in and grind them for $100.00 and they say O.K. Well when we are there later to do it the guy next door happens to have just rented a machine from Groom & Sons and is trying to grind a stump with it and it ain't happening. He walks over and asked me to look at the grinder and I have never seen teeth that dull in my life. I told him he wasn't going to grind anything with that.
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