Hire VS Buy – Which Option Is Right for You?
5th December 2019
Here at Fews Industrial, we’re pleased to be able to offer the option to both hire or buy our structures. We’ve made these options available to ensure we’re the best and most accessible provider of temporary structures for all business and individuals, so whatever your need for a temporary structure or your financial situation, we’re here to help.
So, you need a temporary structure but which option is right for you – hiring or buying? We’re going to help you weigh up the pros and cons of both options to decide which is going to work best for you!
Hiring Your Temporary Structure
If you decide that hiring your temporary structure is the right option for you then there are a few things to consider.
One of the main pros of hiring as opposed to buying is our flexible rolling contracts. For some businesses, you just never know how long a structure will be required which is when hiring works out best as you can extend your contract as you go along, depending on your requirements.
Another pro of hiring as opposed to buying is the ability to receive and have full access to a bespoke, high-quality temporary structure without having to pay a large sum of money upfront. The ability to hire our structures makes them accessible to all business, no matter how much you’ve got to spend!
Although there are many positives to hiring, as with anything there are cons too. The main con of hiring as opposed to buying is that you don’t own the structure at the end of the contract but although this could be considered a negative, for many businesses who only have a short term requirement for the structure, this is actually a perfect scenario.
Aside from the above, the only other real con of hiring is that if you are to maintain a rolling contract for a long period of time then the cost of hiring could work out more expensive than it would have if you bought the structure outright. Because of this, it’s important to weigh up your costs before committing to either hiring or buying.
Buying Your Temporary Structure
Your other option with Fews Industrial is to buy your temporary structure. Buying a temporary structure is an ideal option for customers who plan to keep their temporary building as a more permanent fixture.
You may be wondering why you would use a temporary structure as a permanent building but it is often more cost-effective and just as reliable to do this and an option many businesses take. If this is a scenario that works for your business, then buying as opposed to hiring would probably benefit you.
Another benefit to buying your temporary structure is that it is fuss-free once your payments have been made as there’s no worrying about extending your contract as you’ll fully own the structure.
Having full ownership of your temporary building also comes with the benefits of being able to customise and adapt the structure as and when you wish to suit your needs.
There’s no denying that there is an initial high cost when it comes to purchasing your temporary structure but we’re sure any business considering this option is more than aware of the average price of these kinds of structures but don’t forget, when you purchase instead of hiring, you’re also responsible for the upkeep and maintenance and any associated costs.
So, whether you think hiring or buying is right for you, we’re always here to help. If you want to chat through our hiring and buying options with a member of the team, call or email us today and we’ll be happy to help.