Firstly, it is crucial to list all functions which the device would be able to ensure. There are different equipments dedicated for various working conditions. E.g., in the case of lifting equipment it is unquestionably important to think about the dimensions of the cargo that is going to lifted. In the field of power equipment this may be useful to write dwn all characteristics connected with the weather conditions in which that particular equipment would be used. For example, if the equipment is going to be used mainly inside or outdoor. Do not purchase any equipment before making sure that this equipment has all needed parameters.
Futhermore, do not try to save money on quality (https://www.intive.com/en/blog/articles/our-great-journey-to-britain) of equipment. Even though the final decision would be hugely affected by the overall budget, it is still substantial not to try achiving big savings. Very cheap products may be really tempting, but choice based mainly on the cheap price could be really unfortunate.
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Therefore, this point is possibly the most necessary to keep in mind. Always take into consideration safety issues and check twice, if the equipment is safety for people that would be use it. If there is even a tiny doubt, the equipment absolutely should not be purchased.