EZRentOut’s Post

Our construction contractor friends often rate #COST as a critical factor in their #EquipmentRental decisions. Here are some great ways to manage that key variable and keep your costs as low as possible! https://lnkd.in/e6Rwxqkp

Construction Trailer Rentals - Simplify Your Project Planning | Contribution Blog

Are you exploring ways to grow revenue at your self-storage facility in 2025? One of the best ways to do so, is by providing offerings to new categories of customers. Andrew Thein of MakoRabco writes about a big opportunity that exists in catering to the needs of tradespeople. Adding contractor bays is a great way to diversify your business and attract a specialized kind of customer with long-term needs. Whether you are adding contractor bays, or updating any other part of your facility, you need a software that can manage those capex and R&M projects. Ditch the spreadsheets, and get FacilIQ so you can maximize the value of your real estate assets year after year. #selfstorage #storage #storagefacility #facilitymanagement #propertymanagement #proptech #software #capex #realestate #CRE https://lnkd.in/gxYhAVeb

Deciding whether to buy or rent construction equipment is a crucial decision for contractors. Our latest article provides seven essential tips to help you make the right choice, considering factors like availability, utilization, cash flow, market forecast, service, storage, transportation, and cost. Read the full article here: https://lnkd.in/eb-4aHmx #ContractorsHotLine #Construction #Equipment

Looking for an alternative to Fieldwire? Stop right here!   Fieldwire by Hilti, while powerful, often falls short for small construction businesses due to its high pricing tiers, lack of direct customer support, and limited functionality unless you’re willing to pay for the most expensive plans.   Buildbite solves these issues by offering an affordable, user-friendly solution that provides key features without restrictive paywalls. Whether you're managing a single project or multiple job sites, Buildbite provides the tools to enhance productivity and keep your team connected—all at a price that works for small businesses. Read more about this and other alternative solutions below. #efficient #fieldmanagement #construction

Daily Sharing -Price wars can be deadly for construction equipment rental companies In recent years, low-price competition has been common in industries with overcapacity and high homogeneity of products. However, the price war in the construction machinery industry has not brought more benefits to rental companies. Instead, it has disrupted the industry's ecosystem and caused immeasurable losses. Some believe that falling equipment prices and aggressive marketing strategies can shorten the payback period for rental companies, reduce initial investment, increase cash flow, and improve return on investment. This perspective is rooted in sales thinking and neglects the core of rental management, which is asset management. THREE DIMENSIONS OF ASSET MANAGEMENT: Asset Return:Low purchase prices do not equate to high returns. The key indicator is the net asset return (ROE), determined by equipment utilization, financial utilization, and operating profit. While low prices and ultra-low down payments lower entry barriers, they also increase market inventory, leading to lower utilization rates and rental prices. Low-priced equipment often means lower quality, shortening the rental lifecycle, increasing failure rates and operating costs, and reducing operating profits. Asset Risk:Aggressive marketing strategies increase the operational risks for rental companies, mainly through high asset-liability ratios and blind expansion.When market demand shrinks, rental companies burdened with massive debts may find themselves in financial trouble. Asset Preservation:Low-cost, homogenous products fail to enhance productivity and meet diverse operational needs, reducing the rental market value. Unstable new machine prices lead to fluctuations in the used equipment market, further damaging the asset value of rental companies. In summary, low-price competition and aggressive marketing strategies bring more harm than benefit to construction equipment rental companies, significantly affecting their asset management and operational stability. I hope my sharing can help leasing friends, if you are interested in communicating with me anytime welcome, the following ways can contact me, please follow my Linked in, I will share articles and ideas on it! Wechat: +8613141689721 WhatsApp: +60165148085 Email: mr1428636967@gmail.com Linked in: https://lnkd.in/gX53j8-f #AerialWorkPlatform #AWP #BoomLift #ScissorLift #ArticulatingBoomLift #TelescopicBoomLift #MastLift #RoughTerrainAWP #ElectricAWP #DieselAWP #MobileElevatingWorkPlatform #MEWP #ConstructionEquipment #IndustrialEquipment

Tips to Ensure Your Construction Equipment Rental is Smooth & Stress-Free

Tips to Ensure Your Construction Equipment Rental is Smooth & Stress-Free

8 Maintenance Tips for Rented Equipment Ensuring rented equipment remains in peak condition is crucial for any business, so we’ve gathered insights from CEOs and founders to provide their best maintenance tips. From scheduling regular inspections to conducting pre- and post-use inspections, explore these eight expert strategies to keep your rental equipment running smoothly. https://lnkd.in/giVrjzqm Thank you for your insight: Riley H. Beam, Marc Bromhall, Tammy Sons, Gary Gray, David Rubie-Todd, Alex Freeburg, Gavin Yi, Todd Cleppe

We love serving our construction clients, saving them time and providing more choice with expert Rental Equipment Services. #Construction #EquipmentRental #ProjectManagement #ConstructionSafety #SiteManagement #HeavyMachinery #SafetyFirst #ConstructionIndustry