To Rent or to Own?

June 01, 2010

Gas prices, economic uncertainty, unpredictable weather – there’s always something chipping away at your bottom line. You’re forced to find different ways of cutting cost and hopefully staying in the black. One thing landscape pros often think about is whether to buy or rent machines. If you’re in that camp, there are some matters to consider that may help you reach the best decision.

Start by thinking about the region you work in, the amount of time you devote to your business and the style of work you do.

If you’re just starting out, only mow part time or live in an area where lawn maintenance is a concern only a few months out of the year, then renting may be your best and most cost effective option.

Buying is a better alternative for those who’ve been in the business long enough to know exactly what they need. Also consider buying if you live in an area where lawn maintenance takes place close to year round.

You also have the option of doing both: buying core equipment, like a commercial-grade mower, and renting other tools as they become necessary.

To see even more saving solutions, check out our past posts Tax Tips and Maintenance Advice. By the way, if you haven’t read our Spring Maintenance Series, now is the time.  Proper maintenance will save you hundreds, possibly thousands of dollars later on.

Got more ideas? Share with us in the comments.

This post is by Bruce Cooper the director of sales at Exmark Manufacturing.