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26
Sep

7 Ways To Show Respect And Appreciation For Your Truck Drive...

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Truck drivers usually work long, hard hours. Sharing the road with them can be a good experience for everyone if we remember they deserve our respect and admiration. There are some things we can do to make truckers’ lives easier while they’re on the road and show them that what they do is important to us. Respect their time. Truck drivers are on deadlines. Time for them is precious and an extended delay may mean they’re spending another night in the cabin of their rig instead of being at home with family. Of course, there may be times when this can’t be controlled, like traffic jams, but time can be saved in areas like unloading and loading of cargo. Just like everyone else – a driver’s time is valuable. Pay them fairly. Companies paying drivers a fair wage have a higher retention rate. If they know their skills and time…

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19
Sep

Hidden Benefits Of Leasing Equipment

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Leasing equipment is often the most cost-effective way to free up funds in a company. Leasing makes cash available for other things, like emergencies or any other things that may crop up. Many construction companies prefer leasing equipment to buying. Here are some of the advantages: Cash flow is stabilized; Payment structures are customized; More flexibility in leasing than in loans or outright purchases; Well-managed assets; Equipment upgrades easier to do; and Flexible options. Of course, there are the tax benefits of leasing as well – tax deductions, increased cash flow, write-offs, accuracy in planning and approvals are usually quicker than for other financing options. Here is some of the equipment you might be better off leasing, than buying: Back hoes Cranes Bulldozers Crawlers Crushers Wheel loaders Excavators Cement Trucks Advantages to leasing You won’t have as much of an initial layout in cost You’ll have access to the latest…

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12
Sep

Before Applying For A Heavy Equipment Loan

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When your construction company needs capital, getting a heavy equipment loan may be the answer. The process can be a lot smoother when you’re working with the right lender. Here are some things lenders will want to know: Name of your company; Company address; Business owner contact information; Gross annual income; and Monthly credit card purchases. Be prepared for your potential lender to look at your credit history with a fine-toothed comb. They’ll figure out what you can afford and how they might be able to help you. What you should know beforehand Know your choices. What is it that you’re really after in a loan? Think about that before approaching a lender. Figure out what you think you can afford and what kind of terms you can live with. If you go in prepared, you’re more apt to get the amount and terms you were hoping for. Preparation is…

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5
Sep

Facts To Consider When Purchasing Heavy Equipment Insurance

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Contractors work hard, and so the insurance they have on their heavy equipment should also work hard when it needs to. Your business uses heavy machinery like excavators, front loaders, lift trucks and bulldozers, and like any other machinery, breakdowns happen. The last thing you want is your operations stalled because of equipment woes. After all, a big chunk of your assets are in the equipment, so protecting it from damage or loss is more than likely a high priority for you. Make sure construction equipment insurance will: Ensure any damage caused by your equipment while in operation is also insured and that you’ll be insured if the equipment has to be driven on roads; Provide you with no hassle claims processing; Allow you to add additional coverage as needed; and Cover equipment against fire, spontaneous combustion, explosion, lightning strikes, theft, fraud and misappropriation. You will also want to look…

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