If you provide ground support solutions, then one of the things you’ll need to decide on is whether to buy your own equipment or go with a rental. Here’s a look at some of the pros and cons you’ll deal with:
Buying Your Equipment
Buying equipment allows you to take advantage of the resale value, says AviationPros. Also, you won’t have to keep on shelling out money every month for a rental. If you’re planning on using that equipment for the long haul, then buying it is a practical investment.
Another advantage to owning your equipment is that you have full control over its maintenance and repair. If you want to make sure every effort has been done to keep your equipment in tip-top shape, then this is an excellent way to make that happen. You can also carry out timely repairs not just to fix problems but to keep those problems from escalating. Putting off repairs is one of the reasons behind equipment failure. If that happens during a service run, that could mean disastrous results for your client.
By owning your own equipment, you’ve got more say over these matters.
Getting a Rental
Not quite ready to shell out for that kind of investment? If your funds aren’t up to the task of buying your own airstarters or tractors yet, then going for a rental is the next best option for you. No worries. There are plenty of manufacturers and companies providing ground support equipment rentals out there.
By renting your equipment, you can look forward to a lot of cost-savings in the future. And because you’ve don’t own any of the equipment, the responsibility to maintain and repair the units end up with someone else. That gives you more time to focus on running your core business. More time, in turn, means greater productivity for you and your team.
On the other hand, if you’re ready to buy your own equipment, giving rentals a try is a great opportunity for you and your team to find out how a particular equipment works and if it’s a fit your business or if you should go for another one. So when you finally buy your own, you know you’ve done enough research to be sure you’re getting the right one.
Conclusion
Whether you plan on buying your own equipment or renting one, weigh the pros and cons carefully. That way, it’ll be an easier choice to make.