When asking equipment rental business owners how their business is doing, too many answer on the basis of how much cash is in the bank. However, this rarely if ever tells the whole picture. We discuss the top six rental market metrics to measure … [Read more...] about Rental Market Metrics – The 6 KPIs Essential To Equipment Rental
Archives for August 2019
6 Predictions for the Future of Construction Equipment Rental
As the light shines brighter on construction technology companies, it has become evident we are in a period of change in the industry. Equipment is getting smarter and rental companies are now able to do more with less. What does the future hold for … [Read more...] about 6 Predictions for the Future of Construction Equipment Rental
Mergers and Acquisitions: The 4 Things They Look For
It’s no secret that independent rental businesses continue to get snatched up by the likes of United Rentals and Sunbelt Rentals. Many people are aware of the major mergers and acquisitions. Mike Crouch, President of RMC Consults BlueLine … [Read more...] about Mergers and Acquisitions: The 4 Things They Look For
5 Lessons on Growth from a $37B Business
Tom Trone, Entrepreneur, Retired John Deere Executive, and Current Tech Investor, offers his advice to leaders at OEMs and Rental Companies on how to grow business in today’s construction equipment industry Tom Trone, Founding … [Read more...] about 5 Lessons on Growth from a $37B Business
The Key to Success: Lessons from a 20 Year Industry Veteran
What is the key to success? According to Author and Stanford University researcher Carol Dweck, author of the best-selling book Mindset, there are two types of mindsets. Fixed mindsets: People with a fixed mindset avoid challenges, because it … [Read more...] about The Key to Success: Lessons from a 20 Year Industry Veteran