08 May How Regular Electrical Maintenance can Save you Money in the Long Term
Running, maintaining and managing a business can be a deeply expensive endeavour at times. From the predictable costs of wages, bills and suppliers to surprise exceptional costs, you can find your profit margins rapidly disappearing.
Under those circumstances, you may feel the desire to save money where possible growing. After all, many cost cutting measures make an awful lot of sense.
Making the shift to energy saving lighting, buying second hand office equipment or even setting the central heating a notch of two lower can all help ease the financial pressures faced by a business, should you need it,
One area you absolutely shouldn’t cut back on though is your electrical maintenance. Though sometimes viewed as “just another cost” for businesses, it is, in fact, totally essential to the safe operation of your business.
Even more than that, it can help you save money in the long term. Here’s how:
- Failure to comply can lead to significant fines
In the short term, failure to conduct regular electrical maintenance can lead to significant fines from the Health and Safety Executive (HSE). This governmental regulatory body are tasked with ensuring the health and safety of employees within businesses, and have a raft of regulations to ensure that electrical safety is maintained.
One such regulation is regular electrical maintenance, so staying up to date with your checks is essential, with fines regularly amounting to tens of thousands of pounds for businesses which are found to have failed.
- Regular electrical maintenance helps safeguard your assets and equipment
Electrical maintenance seems like an unnecessary expense until it’s too late, and that’s the problem.
By neglecting regular electrical maintenance, you put your assets, infrastructure and property under threat. From the cost of replacing vital electronics to the potential for losing your whole building and facing litigation, the relatively small cost of ensuring your electrical checks are complete is absolutely worth it.
Indeed, by ensuring that your business enjoys regular visits from electrical maintenance contractors, you can help to avoid those nasty little surprises that can drive business costs up.
- It helps maintain resale value
By ensuring the regular electrical maintenance of your businesses electronics, you help to ensure their resale value down the line. Electronics which aren’t regularly tested lose their value quickly, and can pose a significant risk for any buyer.
It’s just like buying a car – after all, you wouldn’t buy one without an MOT, would you?