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Equipment Purchase vs. Rental Guide

This document discusses factors to consider when deciding whether to purchase or rent equipment for a business. It recommends understanding how to properly and safely use any machines, protecting them from risks, and having backup plans in case equipment fails by knowing repair shop options, to ensure business continuity.

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Jhianne Estacoja
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0% found this document useful (0 votes)
51 views2 pages

Equipment Purchase vs. Rental Guide

This document discusses factors to consider when deciding whether to purchase or rent equipment for a business. It recommends understanding how to properly and safely use any machines, protecting them from risks, and having backup plans in case equipment fails by knowing repair shop options, to ensure business continuity.

Uploaded by

Jhianne Estacoja
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

and decide whether it is economical to purchase

them or just rent them.


2. understand how to use these machines
properly, and apply all the necessary safety
precautions before using them. Protect these
pieces of equipment from physical and security
risks.
3. list alternate options in case the equipment
becomes dysfunctional. The key is for the
business to continue no matter what. Know
where to find repair shops when needed.
• To determine the requiremnets for materials, the entrepreneur must decide on
which path to choose:5

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