Monthly Archives: March 2017

Buying heavy equipment directly from the company or from the dealer

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When you think of buying heavy equipment you need to know which equipment will meet your business needs. Not all heavy equipment is competent to do all kind of construction work and therefore you require the one that is indeed going to be helpful to take care of your business needs. Now once you know what kind of equipment you require, the next important thing for you to know is which model you should be going for and from where you can get the best deal. Every new model has some additional feature and it becomes imperative for you to understand which model to go for. Buying the latest model will be helpful but also be ready to pay the price for it which will undoubtedly be very high. It is also not necessary for you to go for the latest model as you can get your work completed by buying an older version which will be comparatively less expensive.

Once you know which model you should be going for, the next crucial analysis will be to determine if you should be buying it directly from a company or get it from a dealer. Each one of them has their own advantages and limitations. So you got to be wise enough to understand the pros and cons and then take the call to buy the machine from either of them.

Not sure which model to buy:-

Suppose you fall in the category of buyers who is not sure which model he should be going for. Then you can take the help of the company by letting them know a bit about your project and your requirements. On the basis of your needs, they will suggest the model for you. Alternatively, you also need to disclose your budget to them. The amount you can spend to buy the machine plays a big role in the selection of the model. Just in case, you are falling short of finance, they can also arrange loan on the equipment. So make sure you have a good credit report before you apply for loan as you will not want it to get rejected.

Dealer can offer you good discounts:-

If you plan to buy heavy equipment from a dealer you can check if they can offer you with some discounts or are they running any offers that can eventually reduce the loan amount. Dealers take the call on offering discounts on the number of orders he has received from you. This means if you place a big order, there are higher chances that you will end up with good discounts on your purchases. At times, they offer you more discounts than what the company can give. It is primarily done to encourage people to buy equipment from dealers as companies can’t reach small towns.

Place an order online:-

If you are sure about the equipment you want to buy, you can then place your order online on the company’s website. You won’t be asked to pay online and can pay them after meeting them in person and personally checking the equipment.

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How to rent off-road articulated trucks

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Heavy equipment always has a pretty decent sales value attached to it. This is why people do not mind paying more for equipment that will last for long and at the same time will fetch them a good price while selling it off. But selling the machine will be the end of the story and he can’t expect anything more once it’s sold. Therefore, there is something that can be done rather than simply selling the equipment. The machine can be put on rent if it is not required for the time being and once the tenure is over, it will be returned to the owner. It in fact makes more sense to let out your heavy equipment as you keep getting regular income and at the end of the tenure, you can let it out again at an increased price. Not just heavy equipment that are used for construction works but also trucks are widely let out across US.

A person can earn anywhere around $10,000 to $30,000 depending on the type of truck he has. It is simple to let out your articulated truck on internet. You only need to ensure that you have an account with an online portal that deals with letting you rent out of heavy equipment. There are some portals who only deal with selling heavy equipment and some deals with both selling as well as letting rent out. So you need to list it in the right place.

Articulated trucks are quite high in demand. It is because of their ability to carry loads of dirt at a go. It can also move on bouncy routes with the load on it. You seldom get a proper road on a construction site. More often, you have to carry the load on bouncy uneven paths. Using a normal can be a big pain for the driver but articulated trucks offer a bit ease to them while driving in such horrendous paths. Now if you have an articulated truck and you know the website where you can list the item, become a member and post the truck out there.

Few things that need to be remembered to catch the attention of the taker is how well you put down the information on the site. Just giving complete information is not much helpful. Putting it in the right way so that people find it easy to read must be your priority. Other than that, putting sufficient pictures of the truck is important. The look of the truck will form an impression in the minds of the takers and they might find your truck to be suitable over others. You can mention the rental value on the listing or can just state “Call for price”. This means that you will discuss the rental value over the phone or only when the taker likes the stuff. It also leaves both the parties with the option of negotiation.

 

Construction investor should not restrict themselves to domestic market

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A wise investor is the one who believes in investing his money into multiple investment avenues and not just depend on a handful of instruments. As it correctly said, that one should not put all the apples in one basket because if one apple begins to rot, it will rot the entire basket of apples and therefore investors should always hunt for investment avenues that are less risky, little risky and some in high risk categories. Coming to the investors who invest in construction industries or projects, the rule remains the same. They should not stick to only domestic projects and should look out for opportunities outside.

Be it outside their city, or state and at times in foreign land as well. Investing in domestic projects will never allow them to understand the outer picture and the potential they have to make money by investing in projects outside the country. Big construction investors have all started domestically but as and when they saw themselves growing they opted to move to global markets and especially in countries where the economy is on the upsurge. This decision of theirs has given them more returns than they could have earned by being a domestic player.

Studying the economies of different country:-

A construction investor when thinks about investing in other country has to be very sure about the economy of that place. He has to do a thorough study about the government policies pertaining to construction projects. For instance, if the government of the country is interested to develop the rail and road infrastructure, it should give you a clear indication that you should invest your money in projects that relates to infrastructural development. Apparently, you also should be checking the health of the economy and if it has been doing well in the last few years. These sorts of research should be probably done by people who have studied and worked in such spheres so that they understand the ground situation well and can come up with better advices.

Government backing should be a must:-

It makes no sense in investing in a project that does not have government backing of that country. For instance, you are interested in the mining project happening in some African country and you find out that though it will give you high return but the risk associated with it is pretty high. Alternatively, the project should have political backing which if not present can cause enormous issues in the due phase of the work. In case, you do not see much political backing, irrespective of how profitable the project may sound, it is advisable that you stay out of it. However, analyzing the situation first and discussing it with experts is also recommended before you take the final call.

Think big to achieve more:-

It is imperative that you think big to achieve more in life. If you are content in investing in domestic projects throughout, then you may limit yourself to local projects and may not be able to cash-in from work happening in other states or countries which may be a big loss for you.

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What is the best crusher machines?

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It becomes a problem for the construction and mining companies to crush huge rocks and stones when they do not have good crushing machines. This has been a big challenge with most of the companies and they all are eying for someone who can make the best crushing machines for them. However, if we do some reality check we will find that there are few crusher machines making companies that carry the reputation of producing world class crusher machines and also deliver its parts to the entire world. Companies like Eagle are renowned all across US as they produce the best crushing machines with few customer complaints. There are many other crusher machine companies who operate globally. Mainly they are not US companies but they are expanding their horizons all across the globe.

This gives people in US the opportunity to select the best from the lot. Construction and mining companies depend heavily on crusher machines as they need to break down the stones and rocks in the construction site. For the mining industry they have more to do with the crushing machines. It is not just rocks and stone for them but they deal with minerals like Copper, Lead, zinc, Sulphur, Manganese etc. They have to depend on excellent quality of crushing machines in order to get the minerals out of the earth. It also requires people with experience to work on crushers and not all crushing machine functions the same way. They have different features which is why a new guy will have problems understanding the way it works. For instance, there are crusher machines that have closed circuit on one chassis and closed circuit on multiple chassis. The functions of these two products are bit different and one might take some time to completely understand the different features and eventually get it to work without any issues.

Then we have configurable crushing and screening machines that combines portable impactors and jaw plants with the crusher’s screening plants to produce a variety of systems which includes portable plants and screens and high volume multi-product systems. This will mainly meet all your processing needs. However before you decide to go for a particular crushing machine, it is always advisable to consult an expert who knows about the subject and can guide you in an efficient manner.

You can get in touch with the company experts who can try and understand your requirements and can accordingly guide you with a suitable product. Both construction and mining sectors needs are different and hence they can’t go for just one type of crushing machine. There are wide ranges of machines available and they are all built for the various types of requirements that companies have.

Crushing machine are expensive stuffs and therefore before you decide to buy a product it is important that you know about it and its utility in your business. Getting advice from people should be appreciated but you should be ready to widen your scope of learning this as well.

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Success tips for small construction companies

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We all believe that nothing can substitute hard work. People who are willing to work hard can achieve success. But just working hard can really make you a successful person is a question that many ponder but yet to come up with an answer. No doubt that one needs to work hard but that is kind of pre-requisite. In today’s time where you see enough competition across all industries and where everybody is willing to work hard and give their 100%, you need to do something extra that will display you in a different league. We all want to know what is that “Something Different” that is required to do so that we do not end up one amongst the crowd. There are some tips that people follow which makes them different from others and eventually helps them achieve success.

Small construction companies who dream to become big someday or the other need to follow certain tips religiously. These tips will help them and for that matter will help anybody who has a startup company and wants to see it to grow.

Don’t venture into something that you don’t know:-

We know that guys who have the ability to take risk will benefit the most in the construction business but that does not mean that you take unnecessary and unwanted risk. When we talk about risk taking ability, we mean guys who have the ability to take calculated risk and you can take calculated risk only if you know the stuff that you are getting into. Never get inside a tunnel without any light. You will end up bumping. If you come across an opportunity that you feel is a bit challenging but also prolific, try to know more about the opportunity. Also analyze the pros and cons before you dive in. Try to know as much as you can and take advice from people who know about the stuff.

Invest your money wisely:-

Investing your money in your business should be backed by thorough research and a couple of good brain storming sessions. You will come across lot of opportunities but it is you to decide which one you want to pick and which one to duck. Every opportunity may sound to be enticing but it also has a catch along with it. You got to understand that and then need to prepare yourself accordingly.

Stress is lethal for success:-

If you are overworked, it is bad but if you remain stressed all the time, it is worse for your business. An owner of a construction company goes through lot of ordeal and that is perhaps the part of his job. He needs to take his work seriously but should not feel stressed. Stress will block your ability to think rationally and this is where you begin to take decisions that are not healthy for your company. So relax and enjoy every moment of your work even if you incur loss in your business. Do not let it affect your mind. Just remember the mistakes and try to repeat it.

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Veteran operators training newbie

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Construction industry has more workforce of experienced and old employees who will retire in some years. Hence, there will be need to employ the newbie or beginners. These newcomers are less demanding, are less expensive, and enthusiastic about their work. However, it is often seen that the work is not so easy for them. The different demands and challenges of work especially while moving heavy construction machines and using heavy equipment are stressful for them. Even if they are given an opportunity to operate a machine or heavy equipment, there is a probability of mishap or accidents to occur which can be dangerous. As the new workers lack the necessary skills required for job, they need to be trained.

 

Effective job training is required for superior productivity. Imparting training to these beginners means companies have to invest money on their training. There is no guarantee for how long these beginners will work with the same organization. Maybe in a year or two they will leave if they get a good opportunity. Thus, the money invested in training is of no use and does not give anything in return. However, taking into account the dangers of the job, if the unskilled person performs the job, then it can cost a life too. It is well known that the best training comes from the veterans- the old and experienced people on the job. A lot of veterans participate as mentor in this type of training.

 

Veteran operators in construction industry are those who have served this industry from a very long time and are still actively employed. However, they are left with less years of active service. Veterans have plenty of skills and have an understanding of teamwork, discipline and personal accountability. They are passionate and serious about their job. They possess technical skills and training which are directly transferable to the job. Thus, they are highly competent and excellent employees. There is better transfer of knowledge and skills from veterans to beginners. They teach troubleshooting, safety and skills of a job, so that the new operators can manage with ease the demands of a job. In addition, they allow them to be contacted if the need arises.

 

Although having a newcomer can be refreshing, yet the veterans can face certain challenges while training them. They are not aware of the new hires work ability, and motivation to do a job. Further they have to spend time answering their questions, show them how the work has to be done and settle them in this job. They do not know to what extent the beginner will grasp the knowledge and how long it will take to fully train him. Veteran operator spends his valuable time and knowledge in training, thus requires a positive feedback. It is necessary that the beginner should take interest and put best of the efforts to learn the nuances of job from such experienced mentors. This knowledge will be always helpful in the future and will enable him to perform his work with passion and ease under stressful conditions.

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Construction and productivity

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Productivity is given a lot of importance and weight in any form of an industry. At the end of the day, it is production that matters the most to everybody. Nevertheless, the importance of quality can’t be brushed aside as it also plays an important role in the making or breaking of any company. We can be in any form of an industry, as long as we are not productive, we do not justify our package. A person who is good in quality but poor in productivity may not stay for long in the company. He may know his work and is also good in it but he is then expected to deliver. If he fails to deliver then his knowledge pertaining to the work will be of no use to the company. There are some sectors which makes profit predominantly on high productivity. This means that if the company fails to generate high productivity, it will eventually fail to generate profits and soon will be the day when it will have to wind up its business.

The construction industry is one such business where productivity and profit goes hand in hand. One can’t draw much distinction between the two. Productivity in this case does not limit itself to making more and more of tall rises and apartments to sell. It also means the day in and day out work. Tall rises and apartments are the end products and is perhaps the result of your daily productivity. So it is the daily productivity that matters the most. There are few things which a construction business owner should always keep in mind to enhance the daily productivity of the business.

Keep the enthusiasm high and maintain it:-

When you keep doing the same thing day after day, you tend to lose the enthusiasm from your work. Your work become quite monotonous and you feel like leaving it and start something new or learn something new. A business owner should be aware of this and should engage its workers with different kinds of work in order to keep the level of enthusiasm high and running. Other than that, there should be refreshment rooms for the employees so that they can go and do some activities that will enhance them as an individual and will make them a better person. They can read books on various subject and definitely books on construction so that they can keep themselves abreast as far as the construction world is concerned. By doing so, the employees will feel refreshed and will work more which will lead to higher productivity.

Monetary incentive is a big encouragement:-

We all work for money and employees in a construction company will work for more hours only if they are compensated with high monetary value. There are many companies who does not provide much recreational activities for its employees but give handsome incentives and bonuses. The employees stick to the company for years as they continue to get good money in terms of incentives and bonuses.