Should I Lease a 53 Foot Trailer for My Business?

Should I Lease a 53 Foot Trailer for My Business?

October 16, 2023  |   No Comments Yet

When it comes to running your business, it’s all about effective handling of resources. To get the most out of your investments and resources, you need to be able to work efficiently. It’s estimated that the U.S. has about 1.2 million trucking companies. If you are one of these businesses and you’re exploring smart and efficient ways to manage your resources, you should consider the option to lease a 53 foot trailer or trailers of other sizes. These rentals can greatly enhance your business, so let’s look at some of the benefits.

Utilize Your Resources

Keeping your bottom line healthy is all about utilizing resources in the smartest ways possible. When you lease a 53 foot trailer, you can create optimum resource utilization. This means that you will be using your resources in the best way possible for the goals you have set. Purchasing trailers will create immobile assets that you will carry heavy overhead for. This can drag down your profitability. When you rent, you are free to use funds in growth-centric initiatives with more flexibility.

Enhance Flexibility

The flexibility doesn’t just reach your funding; you will also enjoy the flexibility of scaling up or down based on the current business needs of the moment. When you purchase trailers and other equipment, you are strapped down to these assets. Making changes in your business approach can create challenging timelines if you need to liquidate or diversify. If you want to be able to execute these strategies quickly, renting is the way to go. You are free to make quick changes when you need to for the betterment of your business endeavors.

Increase Your Business Reach

When you lease a 53 foot trailer or a similar piece of equipment, you can increase your business reach. Profitability is often based on the ability to expand quickly, and rentals allow you to do this without the slow process of purchasing. When you have new business ideas, you can execute them quickly to increase profitability.

Save Money

Renting is often looked down on as a more expensive option compared to purchasing. However, this really depends on your business’s specific goals. If your goal is to maintain ultimate flexibility, then renting is the way to go. If your hauling needs change from month to month, you need to be able to change along with it.

If you are interested in 53 foot trailer rental, please contact us today. Our team at Chicago Trailer Pool is here for your rental needs.

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