Modular buildings have provided many businesses and organisations with an innovative alternative for their premises. These businesses are recognising the benefits that modular buildings offer over traditionally constructed buildings.
While owning your modular building is the right choice for some businesses, others choose a hire option. Modular buildings from Phoenix Building Systems are built with durability in mind, so they are uniquely constructed to withstand multiple uses. If you haven’t decided on the right premises for your company, consider if hiring a modular building could be the answer for you.
Why choose to hire a modular building?
Your business is not the same as others, and we recognise that. How you run your business is individual to you, and how you consider your finances and premises will differ from your competitors. Your modular building supplier should recognise that every project is different and should listen to your wants and needs.
This stretches from the use of the building to the layout and how a business chooses to finance its facilities. Hiring a modular building is a much more viable option for many companies than buying outright. Let’s have a look at the main benefits of choosing the hire option.
The advantages of hiring modular buildings
If you are not sure whether hiring is the right choice for you, we can look at some of the key benefits to help you make your decision.
1. Cost-effective
Modular buildings offer a great cost-effective option for space solutions when compared with traditional bricks-and-mortar buildings. However, hiring a modular building can also provide some great financial benefits.
When you hire a building from Phoenix Building Systems, there is no large capital outlay, which reduces your initial costs. Saving money at this key stage allows you to focus on other areas of your business. You can use these finances for equipment, research and development or even to keep capital available for the future.
A reduced initial outlay also helps mitigate some of the risk of setting up or expanding your organisation. Renting modular buildings also means if you need to downsize or change your business, you can end your agreement with no significant loss.
2. Flexibility
Modular buildings are well known for their flexibility and versatility. However, there is a misconception that this does not apply to businesses that choose to hire instead of purchase outright. Whether you decide to hire or purchase makes no difference to the level of customisation available with modular buildings.
When you choose to use a modular building for your business premises, you can create a completely bespoke space. By all means, you can select a standard model that is ready to go. Alternatively, you can change the layout to make the most of your working environment.
Modular buildings also give you the option to expand or modify your space as the needs of your business change. Even if you are part way through a rental agreement, you still have the flexibility to adapt your space to your needs.
3. Reduced Maintenance Costs
If you choose to hire or rent a modular building, maintenance tends to be part of your agreement. However, if you have chosen to purchase outright, you would be liable for ongoing maintenance unless you have a service agreement. This is also the case if you have purchased a traditional structure over a modular building.
Many businesses find that removing the financial responsibility of ongoing maintenance means they can reduce their overheads.
4. Fast Set Up
Being built in a factory environment means that modular buildings can be ready to use much faster than their conventional counterpart. Modular buildings can be open for business around 70% faster.
The speed of installation means that businesses can respond to a change in circumstances with minimal impact. This responsiveness is particularly helpful for organisations that choose the rental route to new premises. Whether a business is reacting to an influx of staff or answering an immediate problem, it can find a solution by renting a modular building.
5. Sustainability
Modular buildings embrace eco-friendly construction by using sustainable materials and by making the most of streamlined factory processes. Factory manufacturing reduces carbon emissions, and the materials used in modular construction are largely recyclable.
Modular buildings are highly adaptable and portable whilst having all the benefits of permanent construction. The portability of modular buildings makes them perfect for the rental market. A business can make the most of a modular building on a hire basis and then have the building removed if they no longer need it. Modular building companies can then make pre-used buildings available to other businesses and install them at a different site.
Modular Buildings for hire from Phoenix Building Systems
Phoenix Buildings Systems has been manufacturing modular buildings in the UK for over 20 years. We have gained a reputation for producing high-quality, durable modular buildings that are perfect for businesses to hire for as long as they need them.
Hiring does not have to be a temporary arrangement; most of our clients hire buildings on long-term agreements that suit their purposes. If you are looking for a flexible and cost-effective option for your business premises, hiring a modular building could be the perfect answer.
If you have any questions about how renting a modular building could benefit your organisation, speak to a member of our team today.