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The Benefits of Hiring a Forklift

March 2 2019 - Companies in all industries rely on forklifts to power their operations, from retail brands to construction firms. After all, they can make the process of lifting heavy objects or stock much easier, which can speed up internal productivity and improve onsite safety.

If your business is growing in size, you might be considering buying a truck outright, but this could prove to be a costly mistake. To make an informed choice, read the following benefits for hiring a forklift.

A Cost-Effective Option

If your company requires one or more forklift trucks, it can cost the business a pretty penny to buy the powerful machinery outright. You'll need a large lump sum to do so, which can considerably damage your business's bottom-line. However, as you'll pay a fixed amount each month when hiring a truck, you can incorporate the rental fee into your budget.

Avoid Maintenance and Repair Fees

Another big benefit of hiring a forklift over buying is that you will not be landed with any expensive maintenance and repair fees. If the machine has a fault that wasn't your fault, it will be the supplier's responsibility to fix the forklift, which can reduce your operational costs.

Most reputable suppliers will often provide insurance and maintenance cover to their customers, which can provide them with confidence that their finances are protected should they experience an issue with a forklift onsite.

Greater Flexibility

Forklift hire cannot only reduce your company's overheads, but it can also provide the business with greater flexibility. For example, you can choose to hire a forklift for as little as one day or on a continual basis. It's, therefore, an ideal option for businesses with varying requirements.

Also, as many businesses experience seasonal changes to demand, there might be months or seasons when they'll need a forklift truck more than others.

For example, retailers might need to quickly move stock around the warehouse during Christmas or summer, but they might experience less demand during autumn or spring. Hiring a forklift will provide access to the machinery as and when a company needs it.

Legal Assistance

Businesses who use forklifts to power their operations must comply with various health and safety requirements, which will ensure they remain on the right side of the law.

For example, they'll need to adhere to various licensing and maintenance rules.

If, however, you're unfamiliar with your legal requirements, a forklift hire company can provide advice regarding risk and maintenance issues, which will help you to keep both your employees and equipment safe onsite.

Scale a Forklift to Your Business

No-one knows what the future holds in business, as your operations could change throughout the years. Unfortunately, buying a fleet of forklift trucks might result in you owning machinery you will no longer require in one or two years' time.

However, hiring a forklift from a supplier will allow you to scale the machinery to your growing business. For example, you could upgrade the trucks to suit your larger operations, which wouldn't be as easy to do if you bought the forklift outright.

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