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Using Technology to Stay Connected To Your Drivers

Over the past decade, the method of media consumption has experienced a growing departure from television and newspaper to Social Media platforms.  According to Pew Research, nearly half of all media discovery or consumption occurs on Social Media platforms including Facebook, Instagram, Twitter, LinkedIn, and even TikTok.  It’s no wonder then, that opinions are formed […]

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Tips On Finding The Right Subcontracting Partner

You’ve been a trucker for a few years and are looking for new opportunities in the industry.   The next logical step is to go into business for yourself as an owner-operator, but where do you begin?  We’ve covered starting your own trucking business in previous posts, however you now have a truck and trailer […]

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When Is The Right Time To Buy Construction Equipment?

With the prospect of new infrastructure projects as part of the Biden Administration’s infrastructure bill, commercial contractors throughout the nation are clamoring to claim a stake in the campaign. While it’s easy to assume a new piece of machinery will solve your job site challenges, give you the competitive edge in being awarded a contract, […]

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Factoring vs. Bank Loans: Which is Better for Your Company

Whether it’s a new business opportunity or trying to get through a tough spot, the question asked by business owners is often, “Is invoice factoring better than bank loans?” The answer to this question depends on your business’ circumstances. If you are looking for a short-term solution, then invoice factoring may be the best option […]

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Am I Covered When A Contract Driver Is Operating My Equipment?

If you have a leased vehicle or property, you are required to provide insurance protection for the owner of that unit from losses that you are legally liable to pay. Contingent Liability is protection from losses to a third party for which you are legally responsible but, as the owner of the equipment of property, […]

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Why 2021 Is the Perfect Time to Invest in New Equipment

With more and more states opening back up for business, now is the perfect time to look at expanding your company’s capabilities. Circumstances have come together to make this an ideal time to buy new equipment to either expand operations or replace older, outmoded models. Write Off Your Equipment Costs In the past, equipment for […]

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How Manufacturing Adapted Amid the Pandemic

As we round out 2021 and enter the tumultuous winter months here in the US, let us reflect. While many business owners are more than ready to move forward, there are several ways COVID-19 continues to challenge the marketplace and the economy. About Manufacturing Adaptations New shipping demands are being expected across most industries. There […]

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How To Avoid A Costly Crash

If you are working with an industrial CNC machine, there are risks involved that can lead to a costly crash. Machine tool operator errors are commonly caused by a user or programming error. While safety training and certification can help protect workers, you also want to minimize financial loss. Here is where operator error insurance […]

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What Is Section 179 and How It Can Help Grow Your Business

Growing your business starts with finding the best practices for routine tasks, such as paying business fees and filing taxes. You have to be aware of beneficial deductions like Section 179 in order to utilize these in a timely manner. Section 179 is a tax deduction that applies to equipment and machinery depreciation to the […]

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Building Business Credit with Equipment Loans

Financing equipment does more than just provide your business with a new excavator or fleet of tractors or trailers. When you use equipment loans to purchase new or used machinery, you are also building business credit. Consider the benefits of building credit for a business with the use of loans and equipment finance. See how […]

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Is My Construction Equipment Covered With My Commercial Property Policy?

Transporting heavy equipment to and from worksites presents some inherent risks, and construction companies need to make sure their equipment is protected against damage when it’s moved. If you’re in the construction industry, here’s how to make sure your equipment is covered both at your facility and when on the road. Commercial Property Coverage Extends […]

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What’s Next for the Economy: Growing Your Business In 2021

So, what comes next? After a year of unprecedented markets, what should be expected for the economy, business growth and industry change? Businesses are going to need to find the funding and support to continue to change with economic recovery. Alternative financing options and business loans may be the ideal solution for those who are […]

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Is My Construction Equipment Covered With My Commercial Property Policy?

Is My Construction Equipment Covered With My Commercial Property Policy? Transporting heavy equipment to and from worksites presents some inherent risks, and construction companies need to make sure their equipment is protected against damage when it’s moved. If you’re in the construction industry, here’s how to make sure your equipment is covered both at your […]

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How Collateral Value Can Influence Your Loan Interest Rate

A lot of people don’t realize just how many different factors go into determining financing rates related to items like printing presses, vertical mills, industrial planers and other types of commercial industrial equipment. The business and owner’s/guarantor’s credit score plays a role in determining your rates, yes – but that’s just one small part of […]

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Tips for Truckers: Managing Stress On The Road

A commute to work can be stressful—more so if your commute is your job.  Dealing with stop-and-go traffic, unpredictable weather, irresponsible and dangerous drivers, maintenance and repair concerns, and managing a delivery schedule can compound into a nauseating career indeed.  Fortunately, you don’t face these challenges alone.  We’ve assembled a handful of tips to help […]

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Adopt Sustainable Manufacturing Practices To Drive Profits

It’s a common misconception to think that profitability will be higher when environmental concerns are minimized.  In fact, in 2010, The World Economic Forum and Boston Consulting Group joined forces to identify and compare companies with the most effective sustainability practices, ranging from $25M to over $5B valuation.  What they found from their study of […]

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Machine Tool Crashes: Big Problem, Bigger Solutions

The most crucial part of your CNC machine is not the cutter. It’s not the lathe or the tools or any of the parts you can buy online. The most crucial part of any CNC machine is the programmer. It’s also the part that has the potential to cause the most problems! Even the best […]

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3 Simple Steps To Improving Your Business Credit

Your business has strong cash flow, a strong balance sheet, and strong contracts from customers ensuring a solid future, do you still need to worry about establishing and maintaining good business credit?  In short, yes.  Credit is used for more than simply applying for a loan or credit line, many vendors and prospective customers in a […]

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Aspiring To Be A Leading Manufacturer? Uptime Is Key

We all know that in manufacturing, when the machines aren’t running they’re not making money.  We spend a healthy portion of human resource time on selling our services and products to fill the shifts, and another portion on repairing and maintaining equipment.  Wouldn’t it be great to spend less time fixing and more time running […]

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Construction Equipment Auctions: 4 Successful Bidding Tips

From a simple nod to a raised sign, to a wave of the hand, auction bidding is nuanced with numerous gestures that are often too subtle for a first-time auction attender to capture.  One moment you’re holding the winning bid the next you’re three bids behind.  Auctions are fast-paced and can be gut-wrenching or exhilarating […]

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