Investing in quality refrigeration equipment is essential for the success of any business in the food and catering industry. You may have the best and freshest ingredients, insanely talented chefs, ideal location, and warmest staff but without the appropriate refrigeration system your business will definitely not flourish. Without a doubt, a fridge or freezer is crucial in ensuring that the quality of ingredients is up to par and the health of consumers is never compromised.
Of course, buying your own refrigeration system means parting with a substantial amount of money. This may not be a problem if you are fortunate enough to have considerable capital, but for small to medium businesses, funds may be more difficult to come by.
A limited budget, however, should not get in the way of achieving your goals. There is an option for you if you do not want to heavily invest in refrigeration. Commercial freezer rental is not only a practical alternative, but a viable one as well.
The money that is meant for buying a commercial freezer can instead be funnelled into other aspects of your business, so as not to seriously affect your cash flow. Renting a commercial freezer may be the answer to the money issues of many café owners and food providers.
Aside from the financial benefits, there are other advantages in choosing to rent a commercial freezer.
Rental terms are very flexible. Whether you want to lease a system for days, weeks, or years, there is a company that can cater to your needs. There’s a wide variety of packages to choose from, so you can tailor it to your requirements and budget.
Of course, any type of equipment requires maintenance and servicing, and when owning the equipment this is an additional cost for your business. When renting a commercial freezer, you won’t have to pay this cost as it’s part of your rental agreement costs; a financial bonus for you!
Also if the equipment breaks down or malfunctions, the cost of replacement and repairs is shouldered by the rental company. (Regular simple cleaning, maintenance, light replacement, etc. is usually the responsibility of the renter). Therefore, you don’t have to worry about where to have the unit serviced.
In addition, you can change or upgrade your system easily when leasing. This added flexibility is not readily accessible to unit owners because upgrades and changes involve additional cost. You can sell your existing system, however this process may take some time. As we all know, equipment value depreciates over time and you still have to fund the upgrade.
To rent or to purchase is indeed a very difficult question. There are downsides and benefits to each, but it all boils down to your business needs and finances. Purchasing your own refrigeration system may seem feasible to some but you and your business might reap more benefits and minimise financial risks by leasing.
If you want to know how you can improve your business cash flow, call us today.