5 Budgeting Tips for Small Business Owners

As a small business owner, you might constantly feel like you’re tight on cash. This can be especially true for business owners who work in industries that have a “slow” season, like construction and landscaping. Thankfully, with a great budget, you can ensure that your business survives slow periods—and thrives during the busy season. Use these five essential tips to budget better.

  • Create a cash reserve. You probably have a personal emergency fund to get your family through tough times in the event that you have to pay an unexpected bill or fine. Extend this same principle to your business and create a “cash reserve” to cover tools, advertising, and payroll expenses during your slow season.
  • Overestimate expenses. It’s always better to have too much money saved up than to not have enough to pay the bill. Overestimate how much money you’ll need to complete a project—and bill your client accordingly. This way, you won’t end up losing money if you run into snags.
  • Shop used. Did you know that used and certified rebuilt construction tools are just as safe and effective as new models? It’s true! If you need a new tool, shop for used hydraulic breakers and hammers with us to save money while also getting the tools you need.
  • Get employees involved. Budgeting involves every one of your team members. Keep your employees and contractors up-to-date on your budgeting goals and ask for suggestions on how to save money. You might be paying for a service or tool that employees don’t use—and you may not even know it!
  • Keep all of your receipts. You can save money during tax season by keeping careful notes on your business expenses throughout the year. Invest in a receipt organizer for your office and keep a Word or Google Doc page with notes on all of your business-related expenses. 
     
    At our company, we know that small business owners often need a little help saving money. From Indeco breakers to CAT H-115 hammers, we have the used and certified rebuilt tools you need at prices you can afford. Browse our website to check out our complete collection today!
  • 3 Benefits of Financing Your New Breaker or Hammer

    Now that the summer season has arrived, construction professionals are preparing for a busy season of projects and jobs. Unfortunately, after a slower winter and fall season, contractors and site managers may find that they don’t have enough cash on-hand to get the used hydraulic breakers or hammers that their team needs to work safely. Luckily, there’s a solution—financing from Hydraulic Breaker Services can give you the tools you need without waiting months for jobs to come in. Financing offers a number of benefits for construction professions, including:

    -More cash on hand for emergencies. When you run a business, you never know when an emergency expense, bill, or fine will pop up. Most of the time, financing only requires a small down payment. Hydraulic Breaker Services even has 100 percent financing options available. If you only have a slim liquid cash margin, financing might be a good option for you.
    -Get the tools you need now without waiting. Construction professionals who work with unsafe or out-of-date tools put themselves at a serious risk of injury. But if you don’t have the cash you need to buy a new tool on-hand, you might think that you have no other option besides putting off work. Financing allows you to get the tools you need to maintain a safer worksite without waiting weeks or even months to pay for your tools in cash.
    -More tax deductions. Depending on which type of financing you choose and your business structure, you may be able to deduct your principal and interest payments from your federal taxes.

    From CAT H-115 hammers to Indeco breakers, Hydraulic Breaker Services has the tools that you need—and now, with 100 percent financing options available, you don’t have to wait to get your hands on your next upgrade. Give our team a call today to learn more or get started!

    5 Things You Didn’t Know About Indeco North America

    If you work in the construction, demolition, or mining industry, you’re probably familiar with Indeco North America. Professionals using Indeco hydraulic breakers, compactors, and excavators can be seen across the country—and around the world. But did you know that Indeco North America is just a small subsidiary of the Italian Indeco corporation? Before you purchase your next Indeco tool, learn more about this construction and demolition powerhouse.

    Indeco North America’s history dates back over two decades. Indeco North America was founded in 1990—which means that the company will be celebrating its 29th birthday this year.
    Indeco North America is headquartered in Connecticut. The state that’s home to Yale University and the UConn Huskies football team is also home to Indeco. The company’s HQ is currently located in Milford, Connecticut.
    Indeco recently launched a new line of steel shears. Indeco’s latest product launch was in January of 2018 when they launched their new, more durable steel shears. Indeco’s new line of steel shears feature a 30 percent faster cycle time and components made of HARDOX steel that eliminates flexing.
    Indeco’s products are manufactured in North America. When you buy an Indeco product, your new tool might not be traveling as far as you may think. Indeco manufactures its products in the United States, Canada, and Mexico.
    Refurbished Indeco tools are available through Hydraulic Breaker Services. Can’t afford the price of a new Indeco breaker? Certified refurbished models are available from Hydraulic Breaker Services, LLC at a fraction of the price of new editions!

    Whether you’re searching for a Stanley hydraulic breaker or an Indeco hammer, Hydraulic Breaker Services, LLC offers a number of safe, affordable, and reliable options. If you’d like to learn more about the Indeco products currently available through Hydraulic Breaker Services, LLC, give us a call today at 800-940-8517 or browse our website.

    A Short History of OSHA

    The Occupational Safety and Health Administration (referred to as OSHA) is an agency committed to help keep working men and women safe, no matter what job they do. From laying out standards for when hydraulic hammers and Stanley hydraulic breakers need to be inspected and retired to regulating when and how often employees are entitled to breaks, OSHA has created a robust series of safety regulations that most of us today see as standard day-to-day precautions.

    A History of Dangerous Work Conditions
    The need for OSHA dates back to the factories of the 1880s, which had little to no worker precautions. These factories were often designed with jumbles of cables, conveyor belts, gears, and other dangerous materials, which were operated by inexperienced workers, some of whom were as young as six years old.

    These factories were full of tragedies, with employees regularly becoming brutally injured or even killed while on the job. Children often grew up with severe physical deformities that developed after spending twelve to fourteen hours a day working in the dimly-lit and soot-soaked factories. As the Progressive Era arrived and newspapers became more widely available, Americans began to gain a fuller understanding of just how dangerous the working world was and demanded changes to protect workers.

    Instilling Safety and Protection for Employees
    The history of OSHA begins in the year 1968, when President Lyndon Johnson proposed legislation that would develop a federal registry of workplace safety regulations that all employers would have to follow. In 1970, President Richard Nixon officially signed the Occupational Safety and Health Act, which created OSHA in the process. Just five months later, the first labor standards were introduced, and included regulations for the cotton industry to protect workers from “brown lung,” a disease caused by working with cotton plants in poorly ventilated conditions.

    Since then, more and more safety standards and regulations have been introduced, including the elimination of cancer-causing materials in manufacturing plants, the elimination of child labor practices, and the institution of guardrails and harnesses in the construction industry.

    Keeping workers safe isn’t just the government’s job — it’s the responsibility of every employer as well. If your employees are using old or outdated tools, you might be putting them at risk of a serious injury. Hydraulic Breaker Services offers new and certified refurbished hydraulic hammers and Indeco hydraulic breakers that you can depend on. Give us a call today at 800-940-8517 to learn more!

    Concussions on the Construction Site: Knowing the Symptoms

    If you’re a construction professional or you’ve ever worked in the construction industry, you probably already know that construction sites are one of the most common places where American employees are injured. Concussions are a major construction site injury that can severely and permanently injure workers. According to the Bureau of Labor Statistics, concussions account for only about four percent of all on-site accidents but make up a startling 21 percent of construction-related deaths.

    Understanding and being able to recognize the symptoms of a concussion can potentially save the life of one of your coworkers or employees. Some of the most common symptoms of a concussion include:Read More

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