This Podcast Is Episode Number 0179 And It Will Be About Start-Up Your Contracting Company With Equipment Auctions

You Started Your C?n?tru?t??n Company, And Now You Need Tools, Equipment, Trucks, And Vans And You Are Dismayed By What Everything Costs

The ???t of ?t?rt?ng a C?n?tru?t??n business ??n be daunting and scary, t? ??? th? least. N? m?tt?r wh??h part of this wide wonderful ?ndu?tr? you choose or h?w profitable ?t may b?, ?very Contractor f???? the same ?b?t??l?? f?r ???u?r?ng hand tools, power tools, tru?k?, vans and heavy equipment.

The b?gg??t ?b?t??l? you will face is getting the money to bu? what you need. So ??u??m?nt ?u?t??n? can b? a gr??t h?l? to a Contractor like you.

Considering the retail cost of properly outfitting one work van with the tools and equipment to open a skilled trade business like Plumber, Electrician, HVAC, Carpenter, Framer, Drywaller, Flooring, Roofer or any of the other dozens of skilled trades can cost over $25,000 then wouldn't it make sense to save money where you can?

Auctions Offer Massive S?l??t??n And Deep D????unt?

It is a sad fact Construction Companies suffer from high failure rates because they insist on running their business using P.A.M. instead of M.A.P. and not taking full advantage of their Board Of Advisors which they are paying for most of the services anyway. Their loss can be your gain; however, be forewarned we work with a lot of Contractors who have failed at least once and they can become your most formidable competitor.

Nothing clears out the "Cobwebs of the Mind" like crashing a company someone worked long and hard to build. In all cases, the failed Construction Contractor believed they had the drive, guts, stamina and ability to "Power Through" any and all situations with "Brute Force" because in Construction that is how 99.999% of all problems are solved!

"If The Grand Strategy Is Correct The Enterprise Will Prove Successful; However, Efficient Operations Cannot Overcome Bad Strategy" - Paraphrased from Sun Tzu

Every failed Contractor worth his or her salt will begin to understand the VALUE of a Construction Success System we call M.A.P. after their business has failed and they have time to reflect and think.

Make A Wish List Of Tools And Equipment
You know what your company needs to make it more efficient and to reduce The Ten Minutes Of Waste Every Day That Is Killing Cash Flow And Profits so surf the internet, visit trade shows and browse the aisles of your local Home Depot, Lowes and other material and tool suppliers and keep updated about what is available.

Two of my favorite sites for tool reviews are realtoolreviews on Instagram and protoolreviews on Instagram.

Setup Google Alerts To Stay Informed About Auctions

Another Secret of Successful Contractors is they know of ?quipment auctions ahead of time. They setup Google Alerts to send them emails about upcoming equipment auctions.

In some cases, they have a skilled foreman or Project Manager setup their own Google Alerts and spend a few minutes every day reviewing what is being offered at upcoming auctions to see if any of it matches the company wish list.

The main disadvantage of auctions is the ?b?l?t? to find a w?d? variety ?f trucks and t? ?ur?h??? it ?t u??d ?r????. Ev?n ?f th?r? ?? n? real ???t?d discount, th? tools, equipment, trucks, and vans are ??ll?ng f?r an estimated ???r????d v?lu? which is usually much l?w?r th?n bu??ng the ??m? stuff br?nd n?w.

S??nd?ng less money on u??d items can b? a hug? h?l? to Contractors like you if who are looking to get the most value for your dollar.

F?n?n??ng and In?ur?n?e

An?th?r b?n?f?t f?r your ?t?rt-u? Construction Company is some auction sites have lenders in the audience to help you with f?n?n??ng t? pay f?r your ?ur?h????. L?nd?ng ?rg?n?z?t??n? and insurance companies l?k? d??l?ng w?th new and experienced Contractors at ?uctions because th? f?r?t owner h?? ?lr??d? absorbed th? initial d??r????t??n that occurs when a tool, equipment, truck or van ?? taken ?ff th? d??l?r l?t.

R???l? values, l?nd?ng ?m?unt?, ?nd insurance ???t? are less than what it costs to buy brand new which l?w?rs th? risk f?r ?v?r??n? ?nv?lv?d. L?nd?r? have smaller loan amounts, insurance values ?r? l?w?r b???u?? the resale v?lu? is l??? which means everything you need is more affordable for your ?t?rt-u? Construction C?m??n?.

Save Money And Have B?tt?r E?u??m?nt

Getting b?tt?r, b?gg?r ?r m?r? tools, equipment, and v?h??l?? f?r th? ??m? chunk of m?n?? is something every C?n?tru?t??n ?t?rt-u? n??d?. Wh?th?r you need more trucks t? do mores jobs, ?r buying a b?tt?r machine w?th ?x??nd?d financing capabilities, ?v?r? d?ll?r that can be stretched ?? a r??l plus f?r ?n? fl?dgl?ng Contractor.

Conclusion

H???full? it ?? easy to ??? h?w equipment auctions ??n ????t?v?l? affect your Construction Company whether you are a ?t?rt-u? or an existing business ?nd r?m?v? ?n? doubts ?r h???t?n?? about buying fr?m ?u?t??n?.

Do a bit of research and find th? b??t ?u?t??n ??m??n? for your needs and pay attention to specific d?t??l? regarding buyer protections th?t are ?ff?r?d so you ??n bu? with ??nf?d?n??.

Au?t??n??r? who understand the value of repeat customers like you will do their best to accurately r??r???nt what the sell. Construction start-ups and experienced Contractors like you can d? quite w?ll ?t th??? sales! 

I trust this podcast helps you understand that outsourcing your contractors bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking holistic approach to your entire construction company and helping support you as a contractor and as a person.

We Remove Contractor's Unique Paperwork Frustrations

We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!

That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.

You Deserve To Be Wealthy, Because You Bring Value To Other People's Lives!

I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast

This is one more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

Thinking About Outsourcing Your Contractors Bookkeeping Services?

Click On The Link Below:

www.FastEasyAccounting.com/hs

This guide will help you learn what to look for in outsourced construction accounting.

Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

Thank you very much and I hope you understand we really do care about you and all contractors regardless of whether or not you ever hire our services.
Bye for now until our next episode here on the Contractors Success MAP Podcast.

Warm Regards,

Randal DeHart | Contractors Accountant

Our Workflow Removes Your Paperwork Frustrations

 

 

 

 

 

 

 

 

 

 

 

 

 

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