Editor’s Note: This article was originally published in the March 2017 issue of Construction Business Owner magazine. Visit constructionbusinessowner.com to read more.

There are a variety of options when it comes to equipment acquisition, but there is no one right answer—no silver bullet—that will work for every contractor. The decision to purchase, lease or rent equipment is a challenge that businesses of all sizes must face, and there are several factors that need to be taken into consideration in order to make the best choice for your business.