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Written by Larry Behrens and Scott Hamburg
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Cash flow may slow in a down economy, but companies must remain at peak performance in order to turn a profit. To do this, newer, more efficient equipment is often needed. Unfortunately, the capital investment required for these upgrades may not be available, especially in today's economic climate. Tags: 2010 March Issue , economy , equipment , Equipment Management |
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Written by Dan Leiss
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Flipping through an air compressor owner's manual, many owners don't take the time to consider the simple things that can help them get the best return on their equipment investment. Tags: 2010 March Issue , equipment , Equipment Management |
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Written by Frank Hogg, CPA, and Steve Usselmann
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The lesson learned through the peaks and valleys of business cycles is that strong cash flow can be the difference between success and failure for a construction company. During the leanest of times, poor cash flow can result in business failure more so than any other attribute of a business model. So in today's economy, it's more important than ever for contractors to closely monitor their operations and determine how they can improve their cash flow.
Tags: 2010 January Issue , Cash Flow , Equipment Management , Fleet Management |
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Written by Pam Meyer
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It's easy to feel left in the dark when selecting a generator for a jobsite. Many people feel "powerless" to make the right decision when faced with the many choices available.
Tags: 2009 November Issue , construction owner , equipment , Equipment Management |
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Written by Heather Schlichting
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Heavy industrial machinery can cost hundreds of thousands of dollars to purchase, without factoring in maintenance fees, repairs and fuel costs and yet only 35 to 40 percent of the people who use equipment rent vs. own. Rental equipment is offered at a fraction of the price of buying, and all the additional fees that keep the machines safe and efficient are covered by the rental company. Given this information, why do the remaining 60 percent of users make large capital investments on machinery that becomes a depreciated asset?
Tags: 2009 October Issue , equipment , Equipment Management , financial |
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