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Are you planning to start your own food or catering business? Whether you’re just starting out in the food business or you’ve already created a name for yourself, a commercial refrigeration unit is one of your most important pieces of equipment. Therefore, finding the right fridge for your business is also important. As a business owner, you want a refrigeration unit that’s the best quality and not too expensive.

It goes without saying that you will want the latest model with all the features you need that can last for many years. And because your business depends heavily on the commercial fridge you have, you need to invest in a good one. If you’re in the market for a good fridge, it’s very tempting to purchase a brand new mode but having the money to buy the one you want is often a challenge and can have a big impact on your business cash flow.

As a business owner, you need to know that you have a great alternative to purchasing so that you can get the refrigeration equipment that you want to have for your business. The alternative is commercial refrigeration hire and it can be simple and convenient.

So why is renting better than buying a new commercial fridge? There’s often less paperwork is involved in renting, making the process simple and convenient to business owners especially those who are new in the food business.

You’ll also be able to out-step your competitors easily because you’ll have access to sophisticated technology without draining your bank account. Commercial refrigeration hire also helps maintain the liquidity of your capital because it frees up your cash flow. You can then use the money for other important areas of your business like inventory, employee wages, and other expenses.

If you’re budget is tight or you’ve decided that you’d rather have that all important cash flow, then before you sign that commercial refrigeration hire contract, there are some questions that you need to ask to ensure you get the best deal:

• What are the primary and continuing costs?
• How well did other clients do in their rental decision? Were they able to make a good profit?
• Does having a used or second-hand refrigerator offer a more efficient solution?
• Are safety issues well-covered in the contract? Do the manuals come with all-inclusive safety directions?
• Does the dealer or provider provide information on how to use the refrigerator at the work site?
• Is continuous support included in the contract? 
• If the equipment is defective or breaks down, are there replacement units available? How long will it take for a faulty unit be replaced by the provider?
• Are there buyout options and what are the costs? What exit clauses are available? Are there any fees that need to be paid in case an operator chooses an early exit? 
• What if the refrigerator no longer fits the operator’s or business needs is an exchange or termination of the agreement possible at a fair cost?

The decision to rent a commercial refrigerator or buy a new one depends on your preference, your finances, and your business needs. If you discover that renting a commercial fridge is the best option for your growing business, then the commercial refrigeration hire questions above can help.

For more information, give us a call on 1300 386 609 or contact us.