Walking into an industrial equipment dealer your purchase options can seem a bit fuzzy, with terms like “dollar-out” and “early purchase option”, which makes the deal sound a lot like financing. Let’s start simple on terms: ownership. With an equipment lease, the lessee is renting the equipment at a monthly rate for an agreed upon […]
What Can We Expect For Holiday Sales in 2019?
When it comes to economic news, the headlines are dominated by international trade—particularly the trade wars between the U.S. and China, with each levying new tariffs, countering the other party’s aggressive move in a game of global chess. Despite the jostling for trade superiority, analysts across the nation are expecting a boost in holiday spending […]
Tales From The Trenches: Trucker Interviews About ELDs
Recently I sat down with a couple of professionals working hard in the trucking industry. They had some insight into how electronic logging devices and hours of service rules are slowing them down. See how well this relates to your own experiences in the trucking world, and if so, reflect on ways to resolve this […]
Building Your Business on Healthy Profit Margins
Some companies start off with a rich, financially sound backing due to investors. Some founders launch new businesses off of successfully built and sold companies. Others are brand new startups, just being launched from an idea. In all cases, profits should matter. Companies must pay close attention to not just if they are selling product […]
How More Manufacturers Are Making Data-Driven Decisions
Manufacturing is undergoing a shift in operations. The primary challenge to the current status quo is the increase in tariffs on US products. American companies are anticipating a rise in costs for raw materials, which will, in turn, be passed along to consumers. The concern here is losing the customer due to the price increase. How […]