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Sound Advice
Tangible Results
Rental Business
Financial and Operational Analysis
At HS&A, we’ve seen thousands of
rental companies over the past 20 years and have identified the “best
practices” of the top rental companies including construction equipment
rental, party/special event rental, tent rental, general rental and even a
number of specialty rental businesses. We have experience in markets
across the country from the largest metropolitan areas facing competition
from all of the national companies to some of the smallest rural areas
where the nearest competitor may be miles away. We will analyze
virtually all aspects of your business from both a financial and
operational standpoint. Once we familiarize ourselves with your business,
we will focus on the areas that have the most potential to have a positive
impact on your business. Among the areas we will analyze are the
following:
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Financial performance metrics
(revenue trends, cash flow, payroll expenses, facility rent, repairs and
maintenance, etc,) as compared to other well run rental operations that
are similar to your business overall size and product mix
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Rental inventory utilization and
re-investment
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Resale merchandise stocking
levels and margins
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Analysis of current rental
rates, discounting and rental rate realization
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Overall employee evaluation
including an in-depth analysis of employee compensation,
bonus/incentive/commission plans and staffing levels
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Overview of sales and marketing
programs
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Facility/infrastructure analysis
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Review of product and ancillary
(damage waiver, labor, set-up, delivery, etc.) charges and pricing
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Review of customer composition,
diversification and concentration
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Recommendations for continuing
management information reports (“Know Where You Stand”)
HS&A can provide unique insight in order for your rental yard to thrive,
not just survive. We can assist you in adding
additional cash flow to your company, improving your business results and
increasing the value of your business.
Our services include
the following:
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An on-site
visit by either Gary Stansberry or Fred Hageman to view the business.
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A
comprehensive written report detailing our findings including a
comparison of your company's financial metrics against the top companies
in the industry, areas of concern and recommendations for improvement.
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A follow-up
conference call to discuss the report in full detail.
Our
recommendations can have an
immediate impact on the bottom line of your company, improving its value and
more than pay for the cost of the consulting services.
Our goal is to help
you increase the value of your business.
Call Gary
Stansberry at (817) 563-6882 or Fred Hageman at (530) 672-1885 for a free
confidential consultation.
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