Posted on 23/12/2015 by Dave Irons
Whether you're serving the general public, the trades, or both, there's good reason to expect a boost in tool hire vacancies in the new year, when many people make New Year's resolutions to do more of those DIY jobs around the house.
This obviously has direct implications for the consumer-facing market, where tool hire vacancies can become available to serve the seasonal increase in customer demand.
But figures from the Federation of Master Builders show that over a quarter of homeowners have abandoned home improvement projects in the past, and 30% have called in a professional to finish off (or patch up) their initial attempt.
This leads to a £42 million annual boost in bookings for the trades - which in turn has its own positive implications for tool hire jobs within the industry, even not counting the consumer-facing segment.
Brian Berry, chief executive of the FMB, said: "While it's noble that people want to have a go at home improvement projects themselves, our research confirms that if you don't know what you're doing, you're risking not just increased costs, but also your property value.
"Unfinished work and botched DIY attempts are increasingly cited as reasons people turn to FMB members."