Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

💰Make Your Equipment MORE PROFITABLE 🚜 #homeservice #mikeandes #equipment

2 Nov 2024 · 0 min

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Short excerpt from a Mike Andes YouTube video explaining asset utilization: using equipment as much of the available time as possible increases profitability by spreading fixed costs (payments, insurance) over more jobs. The clip emphasizes filling the schedule to capacity so trucks and other assets aren’t idle.

Asset utilization. It's simply a matter of, like, what percentage of the day of the week of the month is your equipment being used. The more it can be used, the more profitable you will be. Because otherwise, that fixed expense of the payment on the truck, the insurance on the truck, it's just sitting there. It's gonna cost you something. No matter what. You want to get as many jobs on the schedule as possible to fill the schedule to capacity so that all the equipment is being used as frequently as possible.