Educational Articles

QUESTION: I RECENTLY HEARD ABOUT A PROPOSED NEW FEDERAL RIGHT-TO-REPAIR REQUIREMENT, AND I’D LIKE TO KNOW …

QUESTION: I KEEP HEARING ABOUT UPCOMING TAX INCREASES, BUT I DON’T HAVE TIME TO FOLLOW ALL …

QUESTION: I’M THE CEO OF A LARGE EQUIPMENT COMPANY THAT ACTS AS A DEALER – WE BUY AND SELL …

QUESTION: MY COMPANY RENTS BOOM LIFTS, AND WE ARE WONDERING WHETHER TO RENT OR ONLY SELL PERSONAL FALL …

RELATIONSHIPS BETWEEN MANUFACTURERS AND DEALERS TAKE MANY FORMS. SOME ARE EXTRAORDINARILY COLLABORATIVE …

EMEWPs ARE ONE OF THE SAFEST MEANS OF WORKING AT HEIGHT, YET THERE ARE RISKS. THESE HAD BEEN LARGELY …

I’M CONSIDERING SELLING MY BUSINESS. I HAD AGREED ON TERMS WITH A POTENTIAL BUYER, BUT AT THE LAST MINUTE …

QUESTION: A NEW STIMULUS BILL WAS JUST PASSED BY CONGRESS AND I’M TRYING TO SET ASIDE A FEW MINUTES …

QUESTION: I’VE HEARD IT’S BECOMING MORE IMPORTANT TO GET INSURANCE CERTIFICATES FROM MY CUSTOMERS, BUT …

QUESTION: MY EQUIPMENT RENTAL OPERATION IS ADOPTING AN E-COMMERCE PLATFORM, AND WE’RE WONDERING …

QUESTION: SINCE THIS CORONAVIRUS (COVID-19) PANDEMIC AROSE, I’VE BEEN HAVING A TERRIBLE TIME GETTING PAID …

QUESTION: I OWN A RENTAL COMPANY, AND I’M TRYING TO UNDERSTAND HOW TO NAVIGATE THIS PANDEMIC, MAKE SURE …

QUESTION: I JUST HAD TWO LARGE CUSTOMERS FILE BANKRUPTCY. ONE OF THEM WAS MAKING PAYMENTS ON A …

QUESTION: WE ARE PREPARING TO RAMP OUR RENTAL OPERATIONS BACK UP, BUT I KEEP HEARING ABOUT NEW LAWS …

QUESTION: I’VE BEEN HEARING A LOT ABOUT THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT …

QUESTION: I’M PARTICULARLY CONCERNED ABOUT THE CORONAVIRUS. I’D LIKE TO GET YOUR PERSPECTIVE ON WHAT’S …

QUESTION: I’M CONSIDERING BUYING SOME EQUIPMENT FROM A MANUFACTURER WITH WHOM I HAVEN’T DEALT WITH BEFORE …

QUESTION: MY STATE RECENTLY LEGALIZED MARIJUANA. I UNDERSTAND THAT MORE AND MORE STATES ARE LEGALIZING MARIJUANA …

QUESTION: OUR WEBSITE IS BECOMING INCREASINGLY IMPORTANT TO OUR BUSINESS. I’VE ALSO …

QUESTION: I KNOW THAT NEW RULES WILL BE GOING INTO EFFECT THIS YEAR PERTAINING TO AERIAL EQUIPMENT. I’M HEARING …

QUESTION: I’VE BEEN READING YOUR ARTICLES ON BUYING AND SELLING BUSINESSES IN RENTAL …

QUESTION: RECENTLY, WE HAD A CUSTOMER CAUSE MORE THAN $10,000 WORTH OF DAMAGE TO OUR EQUIPMENT …

QUESTION: I’M READING THE RENTAL CONTRACT AND ADDENDA YOU SENT ME, AND I’M STRUGGLING TO UNDERSTAND ALL OF …

QUESTION: NOW THAT I HAVE A NEW RENTAL CONTRACT AND KNOW WHAT MY RIGHTS ARE, HOW DO I GO ABOUT COLLECTING …

QUESTION: I READ YOUR PREVIOUS ARTICLE ABOUT PREPARING A BUSINESS FOR SALE IN THE NOVEMBER 2016 ISSUE. I AM …

QUESTION: I’M THINKING ABOUT SELLING MY RENTAL BUSINESS AND I’VE HEARD I SHOULD REQUIRE POTENTIAL BUYERS TO SIGN A …

QUESTION: I WAS THINKING OF HAVING A CUSTOMER ON A LARGE PROJECT SIGN A GUARANTEE AGREEMENT. I’M WONDERING …

QUESTION: I KEEP HEARING ABOUT RENTAL COMPANIES THAT CHARGE THEIR CUSTOMERS ADDITIONAL FEES …

QUESTION: I HEARD THAT SOME CHANGES TO THE TAX CODE AND/OR ACCOUNTING RULES ARE ON THE HORIZON THAT MIGHT BE …

QUESTION: I SIGNED A LEASE A COUPLE OF YEARS AGO IN ORDER TO FINANCE SOME EQUIPMENT. IT HAD A $1 BUYOUT …

QUESTION: I’M AMAZED AT HOW MANY LARGE CONTRACTORS THINK IT’S OK TO REGULARLY LEND RENTAL EQUIPMENT AND TOOLS …

QUESTION: I RENTED A PIECE OF EQUIPMENT TO A CUSTOMER WHO SEVERELY DAMAGED IT. HE SAYS IT WAS THE RESULT OF …

QUESTION: I JUST READ SOMETHING ABOUT A NEW STATE LAW ENACTED IN MAY 2018 THAT MAKES IT ILLEGAL TO USE GPS …

QUESTION: I’M IN THE MIDDLE OF SELLING MY BUSINESS TO A QUALIFIED BUYER WHO FINALLY OFFERED ME A REASONABLE …

QUESTION: I’M THINKING OF SELLING MY RENTAL BUSINESS. I KNOW THE TAX CODE HAS BEEN CHANGED, BUT …

QUESTION: I’M CONSIDERING BECOMING A DEALER FOR AN EQUIPMENT MANUFACTURER. I’M NOT SURE WHAT TO …

QUESTION: WE JUST RECEIVED WORD OF A TRAGEDY THAT OCCURRED. A CUSTOMER RENTED A LIFT AND LATER CALLED OFF …

QUESTION: I CURRENTLY OWN AND OPERATE SEVERAL RENTAL STORES. I’M THINKING OF BUYING A …

QUESTION: WE RECENTLY WERE SUED AFTER PROVIDING MAINTENANCE AND REPAIR SERVICES FOR A CUSTOMER …

HOW WILL THE PATIENT PROTECTION AND AFFORDABLE CARE ACT (AKA “ACA”) AFFECT YOUR TAXES? HERE’S A …

A TRUE STORY: AN EQUIPMENT OWNER/LESSOR IN NORTH CAROLINA LEASES EQUIP­MENT UNDER A MASTER LEASE …

IN JULY, THE U.S. SUPREME COURT RULED ON THE MAJOR CONSTITUTIONAL ISSUE POSED BY THE PATIENT PROTECTION …

THE ALREADY VAST MARKET FOR RENTED EQUIPMENT IS EXPECTED TO GROW DRAMATICALLY OVER THE NEXT …