What’s the advantage of knowing life cycle costs?

Keeping your eye on the bottom line at all times is absolutely crucial in any line of business, and being able to plan for the short, medium and long-term is essential to any ambitions for growth or sustainability, which is why life cycle costs are an increasingly important factor for a number of operators.

But what are the advantages of life cycle costs, and how does the concept relate to resin flooring installations? In this blog post, we will explore the topic in more detail.

Understanding life cycle costs

The purpose of getting a life cycle cost is to help you understand how much investment will be required over a longer period time than just the initial outlay for the work.

In the case of resin flooring, there will naturally be a cost for the delivery of the project, including the materials, labour and service, delivered by the provider, but in reality there are broader considerations to bear in mind.

With resin flooring in particular, regular maintenance and upkeep of your installation is essential in order to ensure you get the most out of your new environment for the longest amount of time.

That’s why at Abacus Flooring Solutions, we’re always happy to calculate and provide full life cycle costs for every project we deliver, providing peace of mind to our valued clients and giving them a fuller perspective on what they can expect in the coming years.

Budget, budget, budget

We appreciate that budgets are extremely tight, particularly as the nation’s business community continues its recovery from the coronavirus pandemic.

Life cycle costs are particularly important here as they provide clarity on what needs to be budgeted for at the beginning of each financial year.

This means that there’s no unexpected pay-out or a bump in the road that causes short-term cash flow issues.

A high-quality resin flooring installation can serve your business for a generation, and Abacus Flooring Solutions’ team of experts is always on hand to provide advice and recommendations for keeping your new system in the best possible condition.

Put our service to the test

We have more than 30 years’ experience in the industrial resin flooring installation industry, including installations in a wide range of commercial and industrial environments. Using this experience allows us to ensure we keep on top of new products and technologies to offer completely bespoke solutions to each of our clients.

Our highly skilled team are fully trained in all aspects of the flooring we install, from the preparation, installation and after care service. We know that our business is first and foremost a service, and our experience allows us to provide the value and advice you require, from the very first site visit.

Click here to get in touch for a free consultation

Posted in