Keep Fleets Fresh and Nimble Without Breaking the Bank
Published in Construction Executive
Because commercial construction firms in general are experiencing a much more consistent and strong flow of projects than eight or nine years ago, many contractors are approaching equipment fleet acquisitions with an elevated level of confidence that the assets will be continuously utilized at a high rate.
That being said, a smart, precise and forward-thinking fleet financing strategy is critical to maximizing profits and staying competitive, even when business is booming.
Using the following steps as a guide, contractors can maintain the up-to-date equipment fleets they need to take on jobs while remaining nimble enough to adapt to fluctuations in project flow.