Act Like a Rental Business to Take Control of Construction Equipment Costs

With equipment scarce and rental rates on the rise, taking the rental approach can help you get better control of both costs and timelines. Here we are coming up on six months of activity for 2021, with the pandemic somewhat behind us but the unsettled financial future ahead of us. Have you taken precautions to manage risk going forward, or are you just going to wing it for the balance of 2021 and hope 2022 returns to “normal” (whatever that is)? There are many financial headaches you are facing even if your work schedule has been full. Material costs is one of them. Finding competent help is another. Having your bids accepted is a third since many new players are entering your market hoping to find work. And we cannot leave out equipment costs, including the equipment you own and the equipment you rent. READ FULL ARTICLE >>