In the midst of a recession, being your own boss is not such a bad idea. Instead of working for a company whose sales and marketing practices might not be attuned to the recessionary marketplace, you can hold the reigns yourself, and focus on what will keep you in the ranks of the employed: satisfying customer need.
Because revenue from woodworking is based on various factors – from regional tastes in woodwork to global prices for materials – most woodworkers find that surviving, and hopefully thriving, in a competitive marketplace requires finding a good niche, and carving it out economically. For many woodworkers, the path to financial certainty begins with purchasing used woodworking machines from a used industrial equipment supplier.
Reasons to Buy Pre-Owned
While buying pre-owned hardware does not predict financial success, it does help new woodworkers achieve something they desperately need to grow their business: room in the equipment budget. If your business is on the brink of relocating from a garage to an independent workspace, spending on a new CNC router probably is not an option, particularly if you need additional hardware to upgrade the production line.
For many, the situation above presents a financial precipice. One can move forward by upgrading the production line, or play it safe and keep operating a small woodshop. The latter option rarely generates enough revenue to buy new hardware outright, so one typically remains in the same position: hoping to scale up production, but never finding an ideal opportunity to do so. If you want to increase production by a meaningful margin, you have to leap from the precipice, but buying used woodworking machines from a used industrial equipment supplier can soften your landing.
The reservation of most woodworkers to buying pre-owned hardware stems from the fear the product will not be a dependable link in the production line. When pre-owned equipment is reconditioned, though, this fear is eliminated. Worn parts and recalcitrant parts are the main reasons why hardware becomes undependable. Replacing these parts and performing a thorough cleaning of the product’s interior and exterior are the primary tasks of reconditioning.
The Numbers
The cost of the hardware you need is determined by several factors, from the size and brand of the hardware to the value-added functions it offers, but the price range for reconditioned products will be lower than the price range for new ones. A refurbished router will cost much less than a new, comparable model. In terms of equipment purchases, that is the type of financial flexibility a business needs as it exits the gate.
If you own a growing woodworking business, and you need a cost effective way to scale up production, RT Machine has used woodworking machines that can help. A used industrial equipment supplier to woodworking companies for over a decade, we sell reliable, reconditioned hardware that works like new. To learn more about our inventory, visit our website, or call us today.
