Key Takeaways: Determine whether live or online auctions suit you better. Thorough market research helps you avoid overpaying or buying faulty equipment. If inspecting equipment in person is not possible, detailed inspection reports help. Settling a clear budget...
Key Takeaways Market demand and equipment availability affect the cost of construction equipment. It’s important to consider the total cost of ownership when acquiring new equipment. Some construction professionals don’t like buying used equipment due to concerns...
Key Takeaways Not knowing what equipment you have, or its condition can lead to poor auction decisions. Failing to conduct market research before auctions can result in unpleasant surprises. Overlooking pre-auction inspections increases the risk of...
Commercial asset tracking is essential for businesses, including construction companies, that manage a wide range of valuable equipment, vehicles, and inventory across multiple locations. With advanced technologies like GPS, Bluetooth, and QR codes, asset tracking...
In construction, just like in any business, there are only 2 ways to increase profits: charge more or spend less. As raising prices in a competitive market is tough and usually just offsets rising material and labor costs, cutting costs becomes the smarter...
Most construction companies eventually decide to sell some of their construction equipment. There are many reasons for this, from wanting to make the most of a machine that’s nearing the end of its useful life to boosting efficiency by selling idle equipment. Whatever...
