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15
Sep

7 Reasons to Lease a Used Commercial Truck

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Many companies and self-employed people throughout Canada require commercial trucks in order to facilitate their businesses. Truck leasing has become a common if not preferred financing option due to the many benefits it provides, but perhaps what is most intriguing is that more and more of these leases are for used trucks rather than new vehicles. With that in mind, let us consider seven reasons to lease a pre-owned vehicle rather than one fresh off the line. Avoidance of Significant Depreciation Among the most daunting aspects of owning new commercial trucks is depreciation. Your new truck depreciates the moment you sign on the dotted line. A used truck, on the other hand, has already undergone that initial depreciation and is now just subject to the year-to-year devaluation. It’s worth mentioning that commercial truck leasing and vehicle leasing, in general, do account for depreciation to some degree but certainly not all…

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1
Sep

How to Boost Construction Equipment Productivity

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No matter what kind of project you’re working on, if construction equipment is involved, you’ll need to make important decisions about your efficiency. You need to decide when to buy versus lease a construction vehicle, what kinds of leases you should consider, and how often different equipment will be used. You also need to consider how to streamline your project for ideal construction productivity. If you follow these simple tips to handle your construction equipment, you should have an easier time understanding your needs and taking steps to meet them. Don’t buy equipment unless it’s used 70% of the time When you examine the fleet of construction equipment you have, you’ll want to take notes on which machines are being used the most. If you own a construction company, you’ll benefit from buying the machines that are in use at least 70% of the time. However, if you’re only doing…

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15
Aug

How to Buy a Reefer, Dry Van, Flatbed, or the “Right&...

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Buying flatbeds trailers can be overwhelming; there are so many different factors to consider. Fortunately, if you narrow down your options by following these five simple steps, you’ll have a much easier time deciding which trailer is right for you. When this is your livelihood, buying flatbeds or buying a truck are things that should be exciting, not a pain. These are the five things you’ll want to consider when buying a reefer or trailer. What will you be hauling? Before you can even begin looking at trailers, you’ll need to have a good grasp on the items you’ll be hauling. At the very least, you need to have a solid expectation of your average load. Different storage units are designed for different storage needs. For example, you might not need a high-tech cooling unit if you’re bringing salted beef across the country. But if you’re going to be driving…

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1
Aug

Protect Your Legal Rights After a Truck Accident

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Vehicle accidents can be a terrifying experience. When you’re busy making sure no one is injured and checking the damage to your car, legal concerns are often far from your mind. But if you’re involved in a truck accident, you should take steps to make sure that your legal rights are protected. These rights are especially important because they may determine whether your insurance company finds you at fault and the insurance payout you can expect to receive. Even though different areas may handle collisions differently, there are universal ways to ensure your legal rights are protected. Keep these steps in mind immediately following the truck accident, as well as in the weeks after it. Sign Nothing Without a Lawyer If the police department has issued you something to sign, you can probably sign it, however, you might want to have a lawyer look over it first, to make sure…

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15
Jul

What It Takes to Run a Food Truck

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Starting a food truck business can be a rewarding and exciting endeavour. For those looking to start a business in the food industry, food trucks provide many benefits over opening a traditional brick and mortar restaurant. Lower investment costs allow you to build your brand before deciding if you’d like to expand. The flexibility of owning your own business combined with the fun of working in different locations in a moving restaurant makes starting a food truck appealing to the adventurous entrepreneur. Although starting food trucks are not as involved as running a fully staffed restaurant, there are some things you need to consider before getting started. Understand the Industry According to the Competition Bureau, food truck operators in Canada generated over 300 million dollars in revenue in 2017; there is certainly still room for growth in this industry. The ability to pick an angle that competes with already existing…

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