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Tag: owning and operating costs
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Rule 1: Skid steer O&O costs
Based on a Case 430/440 model, 1700 to 2200 pound operating load, 2007 model, 4 year ownership/depreciation, 750 hours of use per year.  Do the math Unit costs are a great analytical tool. Take your machine O&O costs per hour, apply that to how many hours it takes to move X amount of dirt, […]
November 18, 2013
Business
3 rules for calculating and managing skid steer Owning & Operating costs
People who work with big equipment have a saying: “You can be going broke in this business and not know it for six months.” And the one cost that can be very hard to gauge, if you’re a small contractor or new to this business, is the owning and operating cost of your equipment. To […]
November 18, 2013
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Rule 2: Skid steer O&O costs
Managing operating costs Your operator is always going to be your biggest expense. With that in mind, here are a few ways to lessen that expense. Invest in training for productivity improvements Enclosed cabs, newer equipment help retain quality employees and keep them productive. Match the machine capabilities to the job. You don’t want an […]
November 18, 2013
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Rule 3: Skid steer O&O costs
Money never sleeps. If it isn’t making you money, it’s costing you money. If you buy stock in a company and after a few years it quits growing or paying dividends, you get rid of it. Right? The same is true of equipment. Letting equipment sit idle is like stashing money under a mattress. That’s […]
November 18, 2013
Business
Reporter
By Equipment World Staff Banks tighten up on construction loans With financing becoming more complicated for some contractors and dealers, many are asking, “Why?” The Associated Equipment Distributors filed a request with the Federal Reserve Board to learn about policies on construction lending, but the Board said they did not have “information specific to that […]
September 5, 2011
Business
CEMP program helps contractors maximize equipment costs
The four-day Construction Equipment Management Program (CEMP) presented by fleet management experts Mike Vorser and Andy Agoos helps equipment owners maximize owning and operating costs. The program takes place at Georgia Tech in Atlanta from September 20 – 23, 2010. During the program, participants will learn how to: make internal rental rates work and maitnain […]
July 16, 2010
Maintenance
Owning and Operating Costs
Single drum vibratory compactors Stay on top of the maintenance and you can get a decade of low-cost operation out of these workhorses By Tom Jackson  Of all the machines in the construction arsenal, none are more straightforward than the single drum vibratory compactor. Since its mission is simple, to compact soil and gravel […]
March 3, 2010
Maintenance
Owning and Operating Costs
Articulated Trucks Being penny-wise on acquisition costs may create pound-foolish results.  By Tom Jackson  The articulated hauler has gained in popularity in the last two decades as a highly productive earthmoving tool, proving its worth against other high volume earthmoving methods and machines, such as rigid axle dump trucks, dozers, and self-propelled and […]
March 1, 2010
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