4. Equipment Budget
This section will help you build an equipment budget to ensure you're capturing and recovering your true equipment costs every year, and on every estimate.
equipment budget equipment guide video equipment calculator Building Your Equipment Budget
This ultra-important budget ensures you're recovering your true equipment costs. Your equipment budget is a financial plan to recover and replace the money you sink into your equipment and the numbers from h...
equipment overhead overhead equipment faq My accountant puts my equipment in overhead. Should I put it there or in overhead?
There are some cases where it makes sense to treat your equipment like overhead, but it only really makes sense in a select few situations. For most landscape contractors you'll have some equipment in overhe...
equipment budget fuel repairs faq forecast fuel forecast repairs Can I Include All My Fuel and Repair In My Equipment Budget?
Almost definitely not. Although most of your fuel/repairs can be recovered when you estimate jobs (the hourly/daily rates the LMN calculates for your equipment include fuel/repair/insurance/etc) you almost ...
owned equipment equipment payments faq If I own my equipment and have no payments, do I still need to include it in my budget?
Absolutely. One of the biggest mistakes contractors make is not charging for equipment they own. Once equipment no longer has any payments, it doesn't show up as a 'cost' anymore on the books. When it stop...
equipment overhead faq Does equipment I have at the yard and trucks like the owner's truck or sales vehicles go in the equipment budget?
No, these types of equipment go the overhead budget. The reason: you wouldn't include these pieces of equipment in an estimate. Because you're not estimating this equipment, it's not getting recovered di...