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.
With construction business getting better, rental offers opportunities to add equipment while letting someone else take the risks.
Reinstated bonus depreciation and Section 179 expensing can provide benefits to contractors, dealers, rental companies and even OEMs.
Use the end of the year to evaluate your organization and enhance efficiencies to ensure a more profitable 2015.
Get educated on the latest technologies in order to remain competitive in your bids.
Construction equipment dealers and rental companies are preparing for the change in how contractors do business.
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.
Construction equipment costs are going up in 2011 whether you buy new, used or rent. Here's why.
Rental or buying used can be an effective means to get construction equipment when you need it.
Steps to take to ensure smooth succession of a family-owned construction business without overburdening the next generation.
Turns out the answer is "yes" - if you do your homework.
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.
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.