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Internal vs. External Equipment Rates: Fix Your WIP Now
Your equipment is bleeding money and your WIP reports don't show it. That excavator charging $150/hour to jobs while sitting idle 40% of the year? It's creating phantom profits that vanish when depreciation, financing, and maintenance hit your P&L. Meanwhile, you're bidding the next job based on false numbers, wondering why "profitable" projects keep losing money at year-end. Here's the truth: inaccurate equipment cost tracking distorts every job costing decision you make. It
6 days ago6 min read
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