On a business level, preventive maintenance services will help your bottom line in many ways. If you practice regularly scheduled maintenance, emergency repairs will play a reduced role in creating a shortfall in your budget planning. Imagine trying to get a contractor to come into your facility to fix a piece of equipment in the middle of the night or not having a contingency plan in place for equipment breakdowns. These short-notice occurrences due to poor asset management can multiply maintenance costs. Plus, you might need to bring in extra help for your maintenance team to deal with the problem at hand, not accounting for potential overtime it may cost you for keeping them at work longer and getting the job done. Not all emergencies can be avoided, but you can put the odds back in your favor by conducting regular preventative maintenance management and proper asset management in your maintenance operations.