Using Your Equipment Productively
Once you've acquired
your equipment, you can proceed to put it to work in your business.
- Setting
up your new equipment is the first step, so that you can work in an
efficient and safe manner.
- Protecting
your investment is next. At a minimum, this usually entails anti-theft
measures, and keeping accurate records of the equipment you own.
- Insuring
your equipment is vital to making sure you can continue to operate in
the face of a casualty.
- Repairing
or replacing your equipment will eventually be necessary and we'll give
you some insights on how you might approach a repair or replacement
decision.
- Disposing
of equipment that is no longer productive is the final issue in the
equipment lifecycle.