There are many factors at play when running a business: keeping your customers happy, maintaining a strong workforce and employing strategies that allow you to grow. This blog focuses on considerations you should make if you are in growth mode or looking to maximize the value of your portfolio. I've spent 25 years in the leasing industry working on behalf of GreatAmerica consulting our customers on ways to reduce administrative burden, strengthen cashflow, capitalize on growth opportunities, and make better use of capital. One strategy for achieving many of these goals is to consider selling off or monetizing your lease portfolio.
Preparing for the Unpredictable: Lessons Learned from an Entrepreneur Businesses in every industry are facing the same question: have the impacts of the pandemic changed how we will do business permanently? Will it ever move back to the way it was – more or less? The answer is different for each business and industry and related strategic planning has been (or should have been) in high gear since March of 2020.
Last week we had the opportunity to catch up with customers, friends, and peers in Asheville at the BTA Fall Colors event. It’s been great to finally be back on the road connecting and collaborating with industry thought leaders, as there was much to talk about! The lineup was very informative and provided a lot of content relevant to the industry today. I share my top three takeaways below.
Advancements in construction technology are moving fast and impacting the future of the industry. The 6 Types of Construction Technology You Will Use in the Future details the types of technology to invest in, such as accurate and efficient drones for surveying worksites or advanced Artificial Intelligence that reinforce a competitive advantage. The key word here is investment. We think you will agree - technology is expensive, but that shouldn’t stop companies from acquiring the best to be their best. To help companies stay up to date with cutting edge technology, resellers and dealers must provide a solution that comes with benefits for everyone.
