Entries Tagged Financial Planning

Navigate the business side of plumbing and drain cleaning with a solid financial plan

Here’s some advice on how to make the most of the future opportunities for contractors coming from the increased federal investment in infrastructure

If you need a skid steer on a certain job, is it best to rent, lease or buy? Consider these questions before making a decision.

A low-interest loan can help you expand your business in multiple ways, but there are always risks to consider

Six tips from an industry expert can help you decide whether to rent or own certain pieces of your tool arsenal

Establishing a solid strategy for passing on your business — whether it’s staying within the family or transitioning to a different owner — can only be accomplished by doing some planning well ahead of time

When you’re hesitant to buy new equipment outright, a rental-purchase option can help you meet your immediate needs while reducing the amount of risk you take on

When managing your fleet of heavy equipment, it’s vital to carefully study the numbers so you’re not wastefully spending money on an unproductive machine

Most family businesses claim to have a succession plan in place, but many of those are informal, increasing the chance that a transition of business ownership might not go smoothly. Here are some tips to ensure a solid plan is in place.

No change in your company should go forward without a revision to your business plan

There are several options for contractors to choose from when it comes time to finance a startup. Researching each one is the first step.