Industrial Equipment and Supplies: The Right Choices for Your Industry

Whether you own a restaurant, a drilling rig, a contracting company or any other types of company, you may have to buy or hire industrial equipment and supplies. However, the best equipment and supplies vary based on your industry. Hi, my name is Joe, and as a jack of all trades, I have worked in countless industries. As I am the type of person to notice everything, I have picked up a lot over the years. In this blog, I am going to share that wealth of knowledge with you. Here, I am going to discuss how to pick the best industrial equipment for your industry and help you make tough decisions about repairs, buying-versus-hiring and much more. I hope you enjoy my blog, and I'm glad you found it.

Four Questions to Help You Decide If You Want to Add an Elevator to Your Rental Property


If you own a home that has been converted into flats, a small apartment block, a duplex or any other relatively small building that you rent out to tenants, you may be wondering whether or not installing an elevator is a cost effective or necessary addition. There are several factors you should consider as you make your final decision including these questions:

1. Are you legally required to add elevators to your building?

In some cases, because flats are considered private residences rather than public spaces, you don't have to follow the country's laws on disability access. However, if you are building a new structure, you may have to be compliant with certain codes, including those related to accessibility for the handicapped. As the issue can vary from situation to situation, talk with a disability lawyer or a building expert to decide if you need to have an elevator from a legal standpoint.

2. Is the demographic in your neighborhood likely to use elevators?

Whether or not you are legally required to put in an elevator, you may still want to add an elevator to your living quarters. In particular, look at the demographic of people who live in your neighbourhood and decide if they are likely to enjoy an elevator. For example, if there are a lot of elderly people in the neighbourhood, they may be more inclined to want to use an elevator rather than climbing stairs. Similarly, families with young children, who may be laden with strollers and bags of baby gear, may prefer an elevator to the stairs.

3. Would an elevator complement the design of your property?

In addition to thinking about whether or not your tenants are likely to want to use an elevator, also keep in mind how the elevator works with the design of your property. Is the stairway narrow and crowded? Would putting some people on the elevator make the stairway less crowded and ultimately safer? Do you have room to add an elevator without giving up any valuable space? 

4. Would an elevator make it easier to raise your rents?

Finally, consider the possible connection between installing an elevator and raising your profits. If the elevator is going to make it easier to attract renters, it may make living in your property more exclusive. As a result, you may be able to raise rent. Similarly, as the elevator is an extra amenity, you may be able to raise rent compared to other properties in the area that don't offer an elevator. Ultimately, you need to decide if the potential for growth is higher than the cost of installation. To get a quote or learn more, contact an elevator installation company.


8 August 2016