To Hire Or Not To Hire That Is The Question

In order to run a business you will need a number of pieces of equipment from computers and photocopiers and in the case of industrial process work, specialist instrumentation to monitor plant performance, so how do you decide which will be bought outright and which will be leased or hired. (Read More)

BSRIA Instrument Solutions General Manager Alan Gilbert thinks there are three questions to ask before deciding whether to hire or buy, will the equipment have a high on-going maintenance cost, will it quickly become outdated technology and what is the frequency of use. “If you are a low or infrequent user of instruments, there is a strong case for hiring as opposed to buying, why have capital tied up in equipment that is not working for you, by hiring you can match your cost to your income” says Alan. “For example intrinsically safe water flow meters cost about £8,000 to buy yet as little as £250 per week to rent”.

In addition to ensuring you are getting the best from your capital there are several advantages to hiring as opposed to buying, you will have access to the very latest pieces of equipment providing greater confidence in performance at a lower initial cost and no costly on-going maintenance or calibration fees to consider as the hiring company takes the risk if the equipment fails.

Usually buying a piece of equipment is not the end of the expenditure incurred, if it breaks or fails there will be repair bills the value of which are out of the control of the owner, but a quick call to the hiring company and another piece of equipment is on its way to you minimising downtime. Alan says “We listen to our clients and understand their applications then we can advise them on the best piece of instrumentation to meet their needs, and it doesn’t end there if they are struggling to use it effectively we will often visit site to offer support”.

If you are a low or infrequent user of Instrumentation, “To hire” might be the solution to your needs.

For more information on the hire options available from BSRIA Instrument Solutions contact the expert team on 01344 459314 or This email address is being protected from spambots. You need JavaScript enabled to view it., alternatively visit our website www.bis.fm.