Among all heavy construction machines, the excavator is one of the most versatile and practical piece of equipment that may be used by operators to generate additional revenue for themselves. The huge range of applications that these machines may be used for may be a very lucrative method to make extra cash.
An excavator may be used for digging, moving materials, clearing brush, digging up trees, drilling fence post holes or even compacting earth, a single excavator with the right tool attachment could be used to do all of the above-mentioned tasks and more. If you are an operator and experienced with managing an excavator, you could start an excavating business that could possibly generate significant revenue for just a few hours of work.
It is okay if you do not have the capital to buy an excavator, you could simply take an excavator for hire from heavy machine a rental company which is in fact the easier option as it saves you the trouble of maintaining the excavator which is cumbersome. `
As an excavator operator, you may offer your services for just about any projects be it a home improvement project (renovations) for handling or clearing materials, for landscaping jobs that requires grading, digging or drilling or even clearing land or demolition work.
For just a few hours of, an excavator operator along with an excavator may charge a fee of about 500 to 600 AUD a day for such work where the cost of a mini excavator hire price only about 200 AUD at most leaving about 300 to 400 AUD for the operator to take home. Handling materials: When it comes to activities like clearing and lifting piles of debris, a mini excavator is perfect for the job.
However, most excavator operators would be contemplating about buying an excavator instead of taking an excavator for rent. Within this scenario there are quite a few factors that one must consider before making decisions that involve a significant amount of funds such as buying an excavator.
First and foremost, there is the issue of maintaining an excavator which includes repair cost, transport cost and also storage cost, these costs can be significant over time. Therefore, it is critical to measure just how much projects that you will be managing and if the figures make sense, then perhaps buying and excavator would be feasible.
However, if you are only going to work on projects on a freelance basis managing 2 or 3 projects a month involving less than 7 days of work, then it is better to hire the excavator. Another factor that makes renting an excavator more feasible is the tax deductions based on the fact that each time a mini excavator is taken for rent, it may be written off as business expenses.
Nevertheless, a mini excavator is certainly a good investment if the operator is able to secure an abundant amount of jobs as you will be able to recover the investment within a single year.
