Masonry Magazine June 2012 Page. 22
RENTALS
Since rented equipment is not listed as a liability on a balance sheet, it can improve one's ratio of assets to liabilities. Rental companies tend to keep entire fleets of relatively brand new equipment that is immediately available to contractors, and renting eliminates maintenance, storage, and most other operating costs, outside of fuel.
Rental also offers access to a variety of equipment without tying up a contractor's investment capital, and a fixed rental cost can be easily factored into future bids. Renting also can increase a contractor's borrowing power. Since rented equipment is not listed as a liability on a balance sheet, it can improve one's ratio of assets to liabilities.
Benefits of ownership
BUYING OR FINANCING certain pieces of equipment makes the most sense for a contractor if the equipment in question is essential to one's core business and is expected to have a high utilization rate for a long-term period. Take, for instance, a Chicago Pneumatic model CP1240 90-pound class breaker. Contractors who have forecasted for high utilization rates would benefit from owning such a piece of equipment.
KWIK LINTELS as a Rental Business
KWIK LINTEL is a temporary support and removable metal beam used when laying concrete masonry blocks over any opening. The lintel enables block layers to simply place the lintel over the top of any opening, and continue setting blocks without any delays or interruptions. The lintel eliminates the need for wood framing and all related costs. Once the cement has cured, the patented, retractable tab simply slides back. The lintel will easily drop out, leaving a clean, finished opening. Professionally engineered in Australia, each lintel exceeds all U.S. building standards.
Rent your own KWIK LINTEL products
KWIK LINTEL says a rental business with its products will leave you profitable in the first year. The products are safe, easy to use, lightweight, and green in nature, since the use of timber framing is eliminated. Lintel lengths range from 16 inches to 20 feet, in six-inch increments. The lintel installs and removes in less than one minute, and your rental business can be operated from a 32-X 32-foot area. IMAS
The KWIK LINTELS you own can be rented for as little as $2 a day. For more information, visit www.kwiklintel.com.
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READER SERVICE #144
20 MASONRY June 2012 www.masoncontractors.org
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