Business owners often debate whether they should continue renting forklifts or invest in one and reap the benefits of ownership. When doing so, they must ensure they choose the right option based on their specific business circumstances. Upon doing so, many owners find buying a forklift is the correct move.
However, before heading to the nearest forklift retailer, the owner must consider several factors. Doing so ensures they make an informed choice. What are these factors, and why are they important?
Needs Assessment
What are the company’s specific needs? Answering this question involves listing all tasks the machine will perform and the type of loads it will handle. Furthermore, the business owner must consider the environment in which the forklift will be used. Electric forklifts are best suited for indoor use due to their zero emissions and low noise levels. Diesel and propane forklifts are a better choice for outdoor use.
Capacity
The forklift must be able to handle the company’s heaviest loads. Accidents and equipment damage may occur when a forklift is overloaded; therefore, the owner must determine the maximum weight that the forklift can carry. The machine’s rated capacity should exceed this amount.
Safety Features
Ergonomics is crucial when purchasing a forklift to ensure the operator remains safe and comfortable while using the machine. Furthermore, the machine should have safety features to reduce the risk of accidents. Load indicators and stability control are crucial for ensuring the operator’s safety while enhancing productivity. Invest in a machine with advanced braking systems, as they also help to prevent accidents.
Lift Height and Reach
Forklifts are often used to lift items above head level. The owner must ensure that the machine they purchase has the lift height and reach necessary to operate within their environment. Measure the highest point in the storage area to determine the required lift height.
Fuel
When purchasing a forklift, the buyer will find that they must choose from diesel, gasoline, electric, and propane as the fuel sources. Each has its benefits and drawbacks. Electric forklifts are preferred for indoor use because they are quiet and environmentally friendly, but the owner must invest in the required charging infrastructure. Diesel and propane-powered machines should be reserved for outdoor use because they produce emissions. When making this decision, consider fuel availability to ensure the machine won’t sit idle for lack of fuel.
New or Used
Business owners should consider investing in used forklifts rather than buying new, particularly if they have tight budgets. Used forklifts are cost-effective if they are well-maintained and have the features the company needs. New forklifts, however, come equipped with the latest technology and typically have a warranty that protects the owner from high repair bills.
Test Runs
A business should see whether it is possible to test different forklifts within their working environment. They can determine if the forklift can maneuver in the available space and whether it is suitable for the tasks it will be used to complete. Furthermore, the owner can ensure that the equipment is easy to use and does not require extensive training on the part of workers.
Never purchase a forklift based on price. If the price of a new or used forklift is beyond the company’s reach, consider continuing to rent until it becomes affordable. A business that buys a forklift lacking the capability the company needs isn’t making a wise investment. Take the time to evaluate the factors and try different machines to ensure you purchase the right model at an affordable price.
