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 email@example.com.
Guest columnist Ken Hedlund shares strategies to account for construction equipment costs in your bids.
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.
A new year can bring new opportunities, but it’s important to identify and plan ahead for the risks that can come with them.
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.
With prices increasing, make sure the return on investment potential is there before committing to a construction equipment purchase.
Project backlogs may be improving, but caution is required when it comes to long-term financial commitments.
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.
Growing demand for rental coupled with decreased construction equipment availability are driving up rental rates.
It’s important to determine how buying and selling equipment may affect your tax position.
Bonus depreciation has been a useful tax tool, but it may come back to haunt you in 2012-13.