[sandim]

Seems everyone has different opinions on renting vs. purchasing equipment. For us, for now, we're not ready to purchase any large equipment. We did a lot with a backhoe last year, and anticipate at least as much this year. We also rent a variety of other pieces of equipment. We make sure if the equipment is rented for the day, if one job doesn't last a day we have multiple jobs lined up for that day to make it worth our while.
We charge for the rental of the equipment (if there's more than one client, we usually split it between the two) and make a little on top of that. Other than that, we just charge our hourly rate for the amount of time the job takes. Looking at it from both ways, if we charged, say, an extra $10 an hour for the amount of time the job took, and just the rental fee so there's no money out of our pocket, seems that charging a bit extra for the rental is more profitable.
Any one have any thoughts on the matter?