The 5 top sources of data that you can (and should) use when developing charge rates.
The "golden rule" to follow if you want to ensure that your books are as accurate as possible.
How to ensure that you recoup the real-world cost of running each piece of equipment.
How to properly calculate the cost of repair labor and parts; and the 2 expenses to never include.
The 4 acceptable sources of data to use when estimating the cost of tires and tracks used during a job.
The 3 types of depreciation; and the only one that matters when developing your charge rates.
The 3 factors that have the biggest impact on how much a machine depreciates each year.
How to adjust your depreciation unit cost if you are leasing equipment.
The financial reality that most contractors overlook when deciding to buy a machine.
The 3 ways you can calculate the cost of investing your capital in machines.
3 things to consider when analyzing how much it costs to overhaul your machines each year; and, the question to ask when deciding where to account for these unavoidable expenses.
The 10 main categories of overhead expenses.
How to adjust your charge rates (and which ones to adjust) depending on whether you realize an equipment gain or loss.
11 recommendations for reliable data to use when developing depreciation rates.
The 4 types of companies that should incorporate overhead into their equipment internal charge rates; and, what to do instead if you don’t match these descriptions.
The main types of equipment overhead; and, the 5 questions to ask to determine how to charge for each type.
3 key considerations to keep in mind when developing your estimating charge rate.
The top 9 causes of equipment losses.
4 things to consider when determining whether it makes sense to rebuild a machine.
7 complex issues to consider when evaluating whether you should rent or buy a piece of equipment.
The 3 departments or positions within your company that should be responsible for developing and maintaining charge rates; and, who should be responsible for what.
