Construction equipment costs extend well beyond the purchase price of a new machine. Any industry professional knows machinery expenses are much more complex than that. If it were simply about the point of purchase, meticulous planning and the constant struggle to...
Running a successful and profitable construction business requires the strategic consideration of many different elements, and perhaps none are more critical than the costs associated with construction equipment ownership. Besides the initial purchase price, there’s a...
When a contractor decides to buy a piece of construction equipment, be it brand new or used, there’s much more to consider than its initial purchase price. Aside from the cost of transporting the equipment to the company’s headquarters and insurance, they should have...
Owning and operating a fleet of heavy construction equipment is an expensive venture, so construction managers often seek ways to trim the expenses related to equipment. In the midst of this, you might find yourself grappling with decisions on whether to buy new...
One of the most demanding challenges construction company owners and managers face is increasing the productivity of their operations. That’s not surprising since construction projects and related workflows involve many complex factors beyond their control, from...
