Mitigating Risk in Uncertain Times
2020 has been a year of uncertainty. As people try to manage their health and well-being during the COVID-19 pandemic, businesses and governments are trying to do the same. In the United States and Canada, many construction, manufacturing, and maintenance businesses have been deemed critical or essential. Examples include those in healthcare, energy, food and water, transportation, and utilities. Work continues, but not in the same way that it used to.
The pandemic is also forcing business owners to take a hard look at their balance sheets. Companies of all sizes are looking for innovative ways to work safely and effectively, while reducing costs. Rental equipment has a key role to play in supporting these innovations. There are three distinct benefits to renting equipment instead of buying equipment during the COVID-19 pandemic: cost, flexibility, and availability. Here’s what you need to know. (more…)