VIDEO: How to Calculate Equipment Costs per Hour

Business Productivity Tips & Training
  How to Calculate Equipment Costs per hour.  What does it cost your company, on an hourly basis, to have equipment on the jobsite? Whether you have a mower, a compact tractor, or an excavator on the jobsite, learning how to calculate the cost-per-hour for each piece of machinery that your company owns and uses on a job site is a great tool for understanding, and even eventually, recouping the actual cost of the machine itself. Most contractors have a rough idea of these costs - but these days is a rough idea good enough?  We don't think so. Equipment cost-per-hour rates are calculated by adding together three (3) distinct pieces of information. Watch this YouTube video to learn how to calculate the cost of your equipment.     Once…
Read More