Benefits of Maintenance
Preventative equipment maintenance is key to extending equipment life and ultimately saving you time and money. While your perception may be that paying for preventative maintenance is unnecessary spending, the reality is that without it, you’re often left with more expensive repairs.
Keep Equipment Running Efficiently
A new piece of equipment is in optimal shape. It runs efficiently. The definition of efficiency for each piece of equipment may differ, but new equipment runs like a well-oiled machine and that’s good for business.
Small Problems Grow Over Time
We’ve all seen it before, something isn’t working exactly the way it used to, but it isn’t affecting our job in a big way, so we continue, sometimes even making adjustments in how we use the piece of equipment to keep things moving. While it may seem like this is the most efficient way to get the job done in the short term, it could cause you major headaches in the future.
Fixing Big Problems Is Expensive
While it may seem like it doesn’t make sense to spend the time and money to have it inspected or repaired when you’re able to work around it, the reality is waiting is going to cost you even more. Bigger, more complex repairs come with a bigger price tag.
Big problems often translate to more downtime, and more downtime means you’re suddenly behind schedule and/or unable to take on a new project. If you have employees on the clock that were scheduled to work with that piece of equipment, now you’re paying them despite the fact that they are unable to work temporarily due to equipment downtime.
Boost Your Resale Value
The projected woodworking equipment market size in 2022 is $5 billion. Chances are you’ll eventually be looking to sell a piece of equipment to upgrade to a newer style. Whether you plan to trade it in for a newer model or sell it through a private sale, you want to get the maximum amount you possibly can for that piece of construction equipment.
Detailed records of heavy equipment maintenance will go a long way in getting you the most money for your resale: