Save time and money on equipment maintenance for your small business

Image by Steve Buissinne from Pixabay

By Henry Brown

Business equipment needs to be maintained, whether it’s office equipment or huge machines in factories. Maintenance can be time-consuming and expensive, but good maintenance can prevent the need for replacement equipment, which can cost a lot more. Still, there are ways to reduce the cost and time spent on equipment maintenance so that your business can run more efficiently. You can use a variety of tactics to reduce the amount that you spend on maintaining equipment and ensure it takes less time too, which will also contribute to saving more money. Take a look at these ideas to save both money and time.

Look at service agreements

A service agreement can be the best way to ensure you have good maintenance for some of your business equipment. Service agreements from companies like Volvo Penta can be tailored to meet the needs of your company. You can decide on the budget and the parameters of the service agreement so that you can ensure it meets your business’s needs. A service agreement can include the maintenance services that you require, including scheduled inspections of your equipment to repairs that help to prevent bigger problems. It’s a good way to save money and use time wisely too.

Focus on preventative maintenance

Taking preventative steps to maintain your business equipment is an important way to save both time and money. This type of maintenance catches any issues early and prevents further damage from occurring. It can be a lot more cost-effective to carry out preventative maintenance, keeping all equipment running smoothly, than to make major repairs later on. More significant repairs can cost much more to carry out and they can take significantly longer to complete, often leaving your equipment out of commission. Regular maintenance helps to prevent more serious issues that require costly, time-consuming repairs.

Use a CMMS

A computerized maintenance management system (CMMS) is an important software package that makes equipment maintenance easier for your business. A CMMS makes it easier to keep track of your equipment and the work that needs to be done. It can transform your maintenance from reactive to proactive, allowing you to get ahead of any problems. With better oversight of your equipment, you can reduce breakdown and maintenance time and increase the lifespan of your equipment. It’s worth investing in a CMMS to improve your equipment maintenance and save time and money.

Review your stock of spare parts

Keeping spare parts is essential for quick repairs, but it’s also a waste of money if you have an inventory of parts that aren’t being used. Not only is the stock a waste of money, but the space it’s taking up is a waste too. Reviewing the stock of spare parts that your business has will help you to identify what is needed most and what is not required in the numbers you currently have it in. You might even choose to sell some items that aren’t being used.

Equipment maintenance can be costly and time-consuming, but there are ways to save time and money for more efficient operations.


Henry Brown is an online marketing executive. When he isn’t talking shop, he’s roaming the streets of London, uncovering the extra-ordinary in the ordinary.

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