Garry Bartecki

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Garry Bartecki is managing member of GB Financial Services LLP and a consultant to the Independent Equipment Dealers Association. He can be reached at (708) 347-9109 or [email protected].

He has a new website: DealerRentalSuccess.com.

From the Author
Financing, Insurance & Leasing
How ESOPs Can Enhance Stability, Engagement in the Construction Industry
GB Financial Services, LLC
Employee stock ownership plans (ESOPs) represent more than just a financial transaction, they embody a strategic approach to securing the future of construction firms while empowering their workforce.
Navigating the regulatory landscape and industry-specific challenges is essential for successfully implementing ESOPs in the construction industry.
Rental Business
What Do the Top 100 Rental Companies Do?
GB Financial Services, LLC
Lessons learned from the business practices of the most successful rental companies.
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Coaching & Consulting
Why You Should Think About Technology & AI Today
GB Financial Services, LLC
Prepare now and begin implementation to prevent falling behind the competition.
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Financing, Insurance & Leasing
Take a Closer Look at Your Rising Costs
GB Financial Services, LLC
With prices on the upswing, be sure to double check your own costs, to see how they compare with this time last year. Talk to vendors and others and let them know you're paying attention.
Do yourself a favor and take a dive into your accounts payables and the checks you write to pay vendors. I would assign someone or have your system produce today’s line-item charges against what you were paying in prior years to get an indication of which way prices are headed.
Financing, Insurance & Leasing
Steps for a Successful Construction Business in 2024
GB Financial Services, LLC
Adopting technology, finding ways to retain talent and shoring up finances are among the steps to help your business’ success.
When putting the cash flow plan together, investigate each cost line item to see if there are price adjustments to ask for now that inflation is slowing down.
Business
How Potential Tax Changes May Impact Your Construction Biz
GB Financial Services, LLC
Pending tax changes may put cash in your pocket.
Pending tax changes that will become law for 2023 and 2024 may give many contractors the opportunity to amend their 2023 tax returns and receive additional benefits that could reduce 2024 estimated tax payments.
Financing, Insurance & Leasing
What Your Construction Business Numbers Mean in 2024
GB Financial Services, LLC
Prices are up, inflation is up -- how are you planning for your construction business in 2024?
These days, it’s even tough to know what to expect from sales, cost of sales, sales pricing, gross profit percentage, operating costs and operating margins.
Business
Long-term Tax Planning for Your Construction Biz
GB Financial Services, LLC
Management needs to spend time with tax experts to understand what their tax position was for the past year, how it looks for the current year, and to see what is on the horizon for the following year.
Everyone will likely pay more in taxes. How much more, and how prepared you are, is up to you.
Business
How to Plan for 2024 & Beyond
GB Financial Services, LLC
Looking forward, contractors must improve productivity by accelerating revenues or speeding up the workflow.
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Financing, Insurance & Leasing
Why Construction Contractors Should Consider Selling to an ESOP
GB Financial Services, LLC
Garry Bartecki talked with ESOP expert Nathan Perkins about ESOPs, the state of the market, and what is impacting the market and decision-making.
ESOPs give the seller the ability to value the company independently based on free cashflow and not based on bids from competitors.
Business
Construction Economy: What Does the Future Hold?
GB Financial Services, LLC
Construction business owners should continue to expect high prices and need to keep a close eye on their balance sheets in Q4 2023 and Q1 2024.
A review of the International Monetary Fund’s Assessing Reserve Adequacy (ARA) metrics indicates that the Penetration Index is heading upward close to 60%, which means that of the equipment in the field in the U.S., 60% of it is rented and scheduled to climb even higher.
Rental Business
How to Optimize Your Rental Fleet and Cash Flow
GB Financial Services, LLC
One rental expert discusses the ways rental companies can increase their cash flow despite a multitude of challenges that have arisen postpandemic.
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