Garry Bartecki is the managing member of GB Financial Services LLP and a consultant to the Associated Equipment Distributors. He can be reached at (708) 347-9109 or firstname.lastname@example.org.
A reader responds to our question about assigning equipment costs to projects.
Guest columnist Ken Hedlund shares strategies to account for construction equipment costs in your bids.
Steps to raising your rental rates and improving your bottom line and cash flow.
In the first in a two-part series, we look at a real-world situation a contractor is facing and offer recommendations on how to address it.
With the recovery in motion, rental equipment is in high demand, so it pays to prepare in advance.
For the past couple of years, an estimated 51% of new construction equipment manufactured has made its way onto rental lots, which includes both rental company and dealer fleets.
Tax changes could be pulling more dollars out of your pocket in future.
Construction firms will face headwinds in the New Year. Take control now to protect cash flow.
With 2013 winding down, evaluate what you need to capitalize on current market conditions.
The outlook for the future is positive, but there are potential pitfalls ahead.
Manage both cash flow and costs to ensure continued viability for your construction business.
If actions are taken to provide informed fleet additions and deletions, business owners can expect acceptable balance sheets, debt service coverage and positive cash flow.
Project backlogs may be improving, but caution is required when it comes to long-term financial commitments.
Prepare your construction business to weather both federal budget cuts and higher health care costs.
While little came out of the fiscal cliff debate, there are some positive results for construction businesses
Here's how recent changes in tax provisions may affect your construction business.
If Congress fails to act to avert the fiscal cliff, the “rental phenomenon” will become even hotter in 2013.
Tight markets are driving greater acceptance of rental as a means to acquire construction equipment
Having lenders who really understand the rental business and its related risks is the key to managing the business through thick and thin.
Crunch the numbers to see if equipment rental can put dollars back in your pocket.