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...
Keeping track of equipment can be challenging. Between juggling multiple projects, managing equipment availability, and making sure the right tools are in the right place at the right time, this process is often inefficient. But every minute a piece of equipment sits...
Key Takeaways Simple maintenance and repairs before listing equipment for sale will boost its value. Timing your sale for peak construction season will secure better prices and more buyers. Digital tools for tracking maintenance streamline the selling process and...
Key Takeaways Considering total cost of ownership is crucial when deciding whether to own or rent construction equipment. Having equipment at their disposal is especially important for companies that take on large-scale projects or work on multiple jobs at the same...
Key Takeaways Regular equipment maintenance is an important factor affecting the success of selling used construction equipment. The demand for construction equipment can fluctuate based on the overall health of the construction industry. Shipping costs and logistical...
