Smart Tips For Buying and Maintaining Used Equipment For Your Business
If your business uses large scale industrial equipment, you know how important it is to protect this investment. You rely on your equipment to run properly because any problem means lost time and revenue. This is why it’s so important to do your homework, especially if you’re buying used. Follow these guidelines for every step of the process, from researching and purchasing to maintaining and extending the life of your used equipment.
Before You Buy
Buying used equipment keeps costs down, and as long as you find something that’s in good condition, you can expect to get just as much use out of it as you would buying new. However, it’s up to you to ensure any used item is up to par before making a deal.
Consider Quality: According to Southern Fabricating, it’s important to consider the question of cost versus quality before buying any equipment. Industrial equipment is built for longevity, so if your budget allows, you may be better off going high-end. Not only will you get more use out of it over the years, but you will also avoid the need for repeated repairs.
Consider Who’s Selling: You’ll also want to become familiar with the reputation of the seller. Make sure you can access maintenance records (and that you can trust the information they provide).
Look for Signs of Wear: Any equipment that has been used will show some signs of wear, but if a piece of equipment has been properly maintained, the extent of any damage should be minimal.
Give it a Test Run: Even after doing all the right research, you’ll still want to try out used equipment before buying.
When in Doubt, Buy New: If you're having trouble finding used equipment that's appropriate for your business, it might be worth investing in new equipment depending on your needs. If you're in the market for CNC machine tools, for example, reach out to a company like BadApple Machine & Fab, which customizes and produces tool packages for businesses of any size.
Extending the Life of Your Equipment
Anytime you make a major purchase for your business, the care you put into protecting that piece of equipment is just as important as the time you put into finding it.
Replace Worn or Missing Labels: One of the first things you should do is inspect any labels on your equipment. Keeping labels in good condition is vital, especially when it comes to instructions and safety warnings. If any are missing or worn, go ahead and replace them with new labels.
Set a Maintenance Schedule: The next thing you should do is get familiar with your machinery, and identify its specific maintenance needs. Then set a regular maintenance schedule, and keep a maintenance checklist to ensure nothing goes overlooked. Make sure you keep accurate records of maintenance checks and repairs too.
Train Employees: As the website Businessing explains, it’s important to make sure any employee who uses equipment receives training on how to use it properly. Not only does this extend the life of your equipment by avoiding improper use, but it’s also a necessary measure to keep employees safe.
Hiring the Right Professionals
An experienced business owner can take care of most equipment maintenance needs, but there will be times when you need to call on a professional for help. Our suggestion is to use freelancers whenever possible because they give you the most flexibility.
If your equipment needs maintenance or repairs that are outside your skillset, search for electrical engineers near me to find a qualified freelancer.
There are times when used equipment may need to be repainted or resurfaced. This is a highly specialized project, so it requires the help of a professional who works with industrial equipment surfacing.
If you have equipment that is kept outside, you’ll want to invest in equipment covers to protect it from the elements.
Make sure your business is protected too by purchasing the right insurance for industrial equipment.
There’s always some risk involved with purchasing and operating heavy-duty equipment, which is why it’s so important to know what you’re getting into. Take the time to research available used equipment, become familiar with the model you’re considering, and keep up with proper maintenance. Sure, these steps require an extra effort, but that effort will pay off when your investment lasts for the long haul.
Article Written By Curtis Fisher at Tradesbright
Photo credit: Pixabay