The construction industry faced an unsettled 2024. High inflation, rising borrowing costs and NI hikes have squeezed margins. And yet, optimism remains for 2025. However, survival — let alone growth — requires strategic decision-making. One way for businesses to create efficiencies and unlock returns is by selling unwanted assets. BPI helps firms turn surplus equipment, machinery, and materials into vital capital. Here, Kevin Gardner, commercial manager at BPI Asset Disposal Solutions, looks at how construction firms can turn challenges into opportunities.
SELLING surplus plant, machinery and equipment is not always straightforward for construction companies, especially when they are focused on running their day-to-day operations. Aside from not having sufficient time to allocate to the process, there are a number of other challenges.
One key challenge is determining the right time to sell. Since all plant and machinery depreciate over time, disposing of them in a timely manner can significantly impact financial returns.
Underutilised assets can take up valuable space in a business, leading to unnecessary storage costs. To avoid this, construction companies need a clear and efficient strategy for asset disposal – whether it involves selling machinery immediately after project completion or managing a phased roll down.
There are other factors to consider. One reason why more contractors choose to work with asset disposal specialists includes the wide variety of assets with different specifications, conditions and values. Additionally, expertise in identifying and valuing assets is crucial but can be time-consuming. If assets are not accurately valued it might result in disposing them at the wrong time.
Selling unwanted and underutilised assets is an essential part of running a healthy business, because it frees up cash for future investment, while partnering with a reputable asset disposal specialist provides a hassle-free process.
Timing the sale for maximum returns
Asset disposal specialists offer construction companies a clear and tailored strategy to disposing of plant and machinery. This includes cataloguing your equipment with detailed descriptions and photographs, strategic marketing to targeted buyers, managing the bidding process and even finalising post-sale logistics. This ensures a smooth and hassle-free experience.
Online auction platforms run 24/7 for the duration of the sale, attracting a global audience and often generating higher returns than traditional methods. They also eliminate the need to transport vehicles to a large auction site, reducing logistical challenges and easing the burden on managers.
One of the most crucial parts of asset disposal is timing. A well-timed sale can impact the financial outcome. We often see more demand for plant and construction machinery at certain times of the year and can guide customers towards these.
Forward planning is critical for a successful outcome, and we can help construction companies to efficiently plan the asset sale ahead of project completion, with the option to sell and collect assets from site, avoiding downtime.
With increasing emphasis on low emissions and environmental regulations, construction companies are focusing on reducing their environmental impact. Asset disposal contributes to this by aligning with circular economy principles – repurposing and reusing resources.
Finding an effective asset disposal strategy is crucial for maximising value, minimising environmental impact and ensuring cash flow. Partnering with a commercial asset disposal specialist with extensive experience in plant equipment and machinery is one of the most effective and efficient ways to streamline the sale and disposal process.
• For more information on BPI Asset Disposal Solutions, visit: https://www.bpiassetdisposal.com/
