Statistics show that 40% of Americans hired a lawn or landscaping professional in 2017.
Have you started a landscaping business to capitalize on the demand for these services? Are you curious about when to upgrade landscaping equipment? What new landscape tools could help you be more efficient at your job?
Equipment maintenance and upkeep can be a dreaded expense of the business at times.
Keep reading to learn more about the signs that it is time to upgrade your landscaping equipment:
1. When You Keep Renting Landscaping Equipment
Renting can be a way to get the equipment you need for a one-time project without having to purchase it permanently. This is can be a smart financial decision as long as it is infrequent.
If you find that your business continues renting the same piece of equipment over and over, it is time to upgrade and buy that equipment so that you own it and no longer have to rent it.
2. Your Equipment Keeps Breaking
This is an unfortunate, yet obvious sign that your equipment needs to be upgraded. With heavy use, most equipment will not last as long as it would if it was being used once a week. The delays to continue fixing things that break down can cost you time that your business may not have.
We offer same-day funding, so that a breakdown doesn’t mean a catastrophe for the income of your business. With this funding, you can quickly replace the equipment and continue the work with little to no delay.
3. Speed Slows
Another sign that your landscaping equipment needs to be upgraded is when it cannot keep up with the tasks that you are putting it through. If you are mowing at a slow speed and know that there are zero-turn mowers that could complete the project in half of the time, it is time to upgrade.
This extra time adds up and may prevent you from being able to accept new customers or meet certain deadlines.
4. You Have Extra Income
The bills are paid. Your employees are paid. You still have extra income from how well the business has been performing.
Why should you use this to upgrade equipment?
It is an investment back into your business. Taking your profits and using them to purchase new equipment that allows you to do your job better is a great way to increase the value of your business.
5. You Want To Expand
Are you looking to offer new services within your landscaping company? If so, you will likely need some new equipment in order to perform these new services.
This is a time when investing in equipment has a direct impact on your business’s future growth.
Upgrade Today
Now that you have read more about the signs that it is time to upgrade your landscaping equipment, you can take action today.
We are ready to help you finance your dreams, so please reach out with any questions you have so that we can get started today. You can check out our blog for more helpful articles like this one.