One of the benefits of renting kitchen equipment is that it saves money. A commercial-grade dishwasher may cost a business $3000. The money a start-up business saves by renting instead of buying a dishwasher can be used to help pay for food or employee payroll, or it can be rolled into the marketing budget for the business.Continue Reading
Another benefit of renting kitchen equipment is that certain equipment may be free as long as the business is already paying for a related product from the same company. For example, a business regularly buying commercial dishwashing chemicals from a company may be able to lease a dishwasher from that company for no additional monthly cost.
Another benefit of renting kitchen equipment is that there is no cost for replacing broken or defective equipment. Similarly, restaurants that wish to upgrade the equipment they are using can lease a newer model of the desired equipment more easily than the task of selling old equipment and purchasing newer equipment.
Some equipment offers a better rental value than others. Dishwashers, ice machines, coolers and coffeemakers are all well-suited for rental because the typically short lifespan of these products may make it a bad investment to purchase them as brand new equipment.Learn more about Managing a Business