No matter what type of business you run, it is worth knowing which items you should and shouldn’t buy second hand. Many companies assume that to create the right impression and to make the most of taxable benefits when it comes to purchasing, that every item they acquire should be bought new, but by buying certain items second hand, you could vastly increase profits without affecting productivity.
Whilst the list could go on forever, having a vague overview of the types of item that will be best bought second hand should help inform any company of the potential of the second hand market.
For example, finding used forklift trucks for sale can be beneficial for any company with a vast warehouse. Used forklifts that have been checked thoroughly and carry the relevant warranty will often be worth as much in scrap as they cost to buy meaning that even if such a machine does not last that long, they may end up costing the company almost nothing. The majority of used forklifts will, however, last for many years and since aesthetics is not an issue, companies can simply find cheap used forklift trucks for sale that just do exactly what they are needed for, and in the process save a huge amount of money.
Companies that are not public facing may well benefit from buying the majority of their integral purchases from second hand sources. The important things to consider are whether excessive previous use is likely to affect an item’s ability to perform and whether or not such items generally have a limited shelf life.
Any items that are usually only sold once they become ineffective should be avoided and any items that need to be fit a certain look or functionality may also need to be avoided. However, above and beyond this, almost any item can be bought second hand, and save companies a great deal of money in the process.
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