You Are a Landscaper AND an Equipment Dealer with George Urvari of KTC

View your business as an equipment dealership; strategically buy and sell equipment to generate profit on asset sales, not just through operations.

Invest in the best quality equipment you can afford; cheaper equipment often leads to higher repair costs, more downtime, and lower resale value.

Develop a strategic plan for equipment sales a year in advance, knowing exactly when and at what price you'll sell to maximize returns and avoid auction losses.

Prioritize cash flow implications over initial price when buying equipment, as a slightly more expensive but capable machine can save money long-term through efficiency and higher resale value.

Actively manage your equipment fleet like employees; if a piece of equipment is underutilized or consistently causes 'grief' (unreliability, downtime), sell it to free up capital and avoid ongoing costs.

When considering used equipment, be extremely selective: only buy if you know the seller and the equipment's history, or if it's a backup for a large fleet where occasional issues are manageable.

Understand that financing equipment allows for easier resale and debt payoff compared to leasing, offering more flexibility if circumstances change.