$145,000 in profit was lost to rising equipment costs for the average company in 2013.
You did it. You survived the downturn and now you’re riding along “recovery road,” no longer afraid you won’t generate enough sales to survive. In fact, you fear the exact opposite. Demand is up, building staff is challenging and your equipment is working at maximum capacity. The high demand on equipment means keeping it in good working order has become one of your biggest profit leaks—and it shows on your P&L.
So what is the fish bowl method? Some like to call it the cookie jar method. It is simply a cash-driven method of analyzing a business to determine whether the business is making money or not.
The ACPA is pleased to announce the hiring of Dan Mace as an independent safety consultant for special projects. Mace recently retired from Schwing America as product safety manager after 17 years of service and was a concrete pump operator for over 18 years. He has been a primary presenter of ACPA safety seminars as well as the co-author of the Small Line Safety Manual, Ready Mixed Safety Manual and instrumental in the development of the operator training program, as well as numerous other safety publications.
