The need for a maintenance budget arises each year from the overall budgeting need of corporate management and involves estimation of the cost of the resources (Labour, Material, Time, etc.) This will always be needed in the next financial year to meet the expected maintenance workload.
Everyday new technology and products are created and sent out to the world. Don’t be afraid to try new technology and products when they’re being offered for most maintenance is a estimated budget.
The best thing about new technology and products is: demo’s can be free or very inexpensive and might benefit your company for years to come.