To begin with, it is important to list all functions that the device should be able to provide. There are different equipments dedicated for various working conditions. For instance, in the field of lifting equipment it is obviously important to think about the elements of the cargo that would lifted. In the case of power equipment this may be helpful to list all characteristics connected with the weather conditions in which this particular equipment is going to be used. E.g., if the equipment is going to be used mainly inside or outdoor. Do not buy anything before making sure that this equipment has all needed characteristics.
Secondly, do not try to save money on quality of equipment. Even though the final decision will be greatly influenced by the overall budget, it is still crucial not to try doing big savings. Very cheap products might be really tempting, but choice based solely on the cheap price could be extremely unfortunate.
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So, this point is possibly the most necessary to keep in mind. Always consider safety issues and check twice, if the equipment is safety for people that would be use it. If there is any doubt, the equipment definitely should not be purchased.