How Purchasing an Excavator Can Lead To A Wide Range Of Self-Employment Job Opportunities

Excavators are versatile and are known for being efficient digging machines. When paired with the right attachments, there are wide ranges of earth moving jobs available in the market (beyond excavation). So, if you’re an equipment operator, you can turn an excavator into untapped streams of profit.

By buying an excavator is a good investment. You can take charge of your destiny by becoming your boss and building your own excavation business. Besides this, there are several compelling reasons for in investing excavators. Becoming an excavating entrepreneur is a rewarding journey – not just in terms of money but in the ability to call all your shots.

What type of jobs you can undertake?

From demolition, site clearing, compacting, lifting, and site prep; the list of available jobs is just endless. Excavators whether standard or compact, are ideally suited for demolition work. You can find several clients for busting up concrete or asphalt driveways, sidewalks, trails, and swimming pools. With proper attachments you can break smaller structures like garages, sheds, or retaining walls; and once you’re done, you can quickly switch to the bucket and load the debris into dump trucks.

Apart from demolition and site clearance, you can utilize powerful hydraulic engines, for lifting heavy items like pavers, retaining wall blocks, and lumber. You can attach a grapple for a precision grasp and this further allows you to sort materials.

Another job where excavator has proven themselves as a most popular machine is site preparation and digging. With its versatility and proven agility, it can scarify ground frost and hardened terrain. With a standard bucket attachment, you can haul aggregate base material or create slopes.

If at any point you find yourself without other work, you can always offer your machinery for excavator hire to other companies to fill the gap between jobs. You can often make a couple of hundred dollars a day by using your machine as an excavator rental.

Let’s now see what are some definite steps in preparing for a self-employed role using an excavator?

Know your competition

When you’re into self-employment with an excavator, you need to become business savvy. You have to think one step further from just operating the machine. You need to know business opportunities in your area and know your competition. So, build your local reputation for quality excavation work and this will help you in growing your business and ranking one of the top competitors in the local industry.

So, develop a business plan and know how you can achieve your business goals. You can outline a marketing plan and know your startup budget. Enlist the type of projects you’re going to aim for.

How much you should charge?

The next question you need to figure out is your charging. But this all depends on your local reputation, experience, and availability of work. If you set a price higher than the competition while you’re still new in the market, you won’t be making any good deals. So, you have to figure out a reasonable price where you can earn profit without sitting idle.

Advertise your services

When you’re all new in the market, you need to build your client base. That’s where marketing and networking come in handy. You can partner with general contractors and other companies and they’ll hire you. You can further join trade associations and other groups where you can meet potential clients and contractors.