The Philippines is a land of opportunity with thousands of potential businesses waiting to start. As a developing country, extracting natural resources and building infrastructure are two major fields that you can invest in. To in these industries, though, you will need heavy equipment. To be sure that you are buying them the smart way, here are a few tips that should help.
Decide Whether to Rent or Buy
You need to first make a decision that will greatly affect your budget. Will be buying or renting? Both sides have their good and bad points. Renting means that you have lower overhead and fewer maintenance costs. Owning heavy equipment means that you can have them available any time, and you have the right to do what you want with them.
There are also disadvantages to each option. Renting means that you are at the mercy of a schedule. You might need to reserve the use of the needed equipment months ahead of time. Plus, you cannot be sure about the condition of the equipment.
Owning heavy equipment has its own problem: the high expense of buying and maintaining the equipment. For businesses that are starting out, that can be a major obstacle. You might be able to reduce the costs by buying used, but they are still expensive.
Find a Good Supplier
Once you’ve made a decision, it’s time to look for a supplier of heavy equipment, whether you are buying or renting. You should be able to find a dependable heavy equipment company in the Philippines that can provide you with the equipment you need. To be sure that you are talking to a legitimate company, you will want to talk to others in the industry. They should be able to give you recommendations on which company to go to for the needed equipment.
Besides recommendations, you should also ask the brands that you want to buy. There are often national distributors of brands like Komatsu and Caterpillar. They should be able to point you in the direction of their local supplier.
Learn How to Keep Them in Good Shape
Besides buying or renting your equipment from them, you also want to learn how to maintain them. Though you can learn that from a manual, it is best to learn it from an expert teaching and demonstrating it. Ask your supplier if they have a resource person who can help. They might also be able to service your equipment if they break down.
Ask If They Can Train Your Crew
Part of proper equipment maintenance is that your people operate the heavy equipment properly. You will want to train your people to handle your equipment properly. It is either that or high qualified operators to run them. This ensures that your investment in them is worth it and you don’t have to pay for expensive repairs because of accidents.
With the right heavy equipment, your team should be able to handle most of the challenges thrown their way. If you followed the advice above, you don’t only have the right equipment, too. You have the best there are on the market, and they should work great. They will make your job much easier in the long run, as well as still being useful in the future.
