Forklift rental is cost effective and convenient way of ensuring that the operations in business are going on uninterrupted during times of high volumes thus eliminating productivity losses. This kind of business arrangement allows you to optimize resources and space available as during low volumes; you do not need to store expensive equipment that is not operational.
Availability of Forklifts
There are available used forklift for sale
that can be acquired at discounted prices, and these too are available to rent
Using Forklift to Manage Seasonal Changes
All business establishments have peak seasons, low seasons and normal seasons. Renting forklifts during busy seasons will help the business operations during peak seasons, and this will be cost efficient as during normal and low volume seasons the business does not need to incur any storage and maintenance costs on the forklifts.
Forklift rental is ideal to provide extra resources during busy seasons when volumes are high. This may be brought about by unexpected growth in sales which may result from new entry of high volume customers, mergers, expansions or a favourable season. Forklift rental will ensure that operations are seamless.
What else can a Forklift be Used for?
Other than adding resources during busy seasons, a rented electric forklift
can provide solutions to other business problems as highlighted below;
- Providing additional equipment when business increases its number of shifts
- Provide alternative equipment when company trucks are undergoing repairs and maintenance
- Provide assistance while conducting stock takes
- Fill in capacity gaps as the business waits for delivery of purchased equipment
Managing Capital Expenditure
Forklift rental allows the business to solve equipment needs without incurring the cost of purchasing the equipment. Further, the cost of renting is incurred when there is need hence the business does not incur long term costs and does not need to have an unused forklift in its assets register.
The information you will require to rent a forklift
Before renting a forklift, you will need to check on the following information
- Load capacity
- Product length
- Lifting height
- Product packaging
- Operating environment
- Turning radius and aisle width
- Rental duration
What is a Typical Forklift Cycle?
Normal billing cycle for forklift rental is monthly, but daily and weekly billing are available depending on the duration of rent and the renter specifications.
What is the Best Way to Save Money When I Rent a Forklift?
The longer the rental period, the better the rate, the term to secure the best rate is at least 3 months.
Lastly, it is important to read and understand the terms of rental agreement.