Owning vs Holding: Should You Split Your Business in Two?

We’ve covered a lot in these past few blogs, so now it’s time for something LinkedIn seems to love… a takeaway list! When your business needs an organizational overhaul, it may feel like your life really needs one. One natural decision you might face is splitting your assets (equipment, buildings) into a separate company from…

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Part Three: Holding Company – To Launch or Not to Launch?

Now that we’ve explored the advantages of using a holding company for leasing heavy equipment, a crucial question arises: When is the right time to launch a holding company for your business? Incorporating as Multiple Entities Starting your business on the right foot means playing to your strengths, especially when the team is small. But,…

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Advantages of a Holding Company When Leasing Heavy Equipment

Welcome back! In an adjacent blog post, we explored the concept of a holding company and its potential role within your business structure and leasing strategies. Check out part one here! Now, let’s delve deeper and discover the advantages a holding company offers when leasing heavy equipment through our trusted network. Remember—from strategizing how the…

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Cash Flow Chaos? Master the Secrets of Business Sustainability

Has your business ever experienced unpredictable cash flow? You’d know the signs—a lack of sleep, missed payments, and worse still, a loss of certainty in your future planning. Do periods of feast turn to famine, leaving you scrambling with overhead expenses? Does the thought of a one-time purchase leave your bank account sweating? You’re not…

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Cyber Security & Protecting Your Heavy Equipment Lease

Our previous blog examined the interplay between adopting new technology and opening cybersecurity risks. The question becomes—how do you build a defensive moat against the digital flood of ne’er do wells? After all, you can’t let all tech slip you by, even if adopting a new program means opening new avenues of risk. Since Prime…

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An Honest Look at Technology, Fraud, and the Future of Your Business

Basketball isn’t the only madness people are discussing this March.  Tracking numbers, studying people as they go about their profession, thinking of all the money on the line… these apply to fraud and cybersecurity as much as basketball bets. At least 10% of Canada’s population will experience fraud in their lifetime—about as many people as…

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Leading in Uncertain Seas—The Importance of Setting Sail

Like most entrepreneurs, I am far from a wallflower. Like you, I prefer sailing my own ship—especially as a leader. For the sake of a metaphor, we’ll call that being a captain. To me, being a captain means taking on challenges as they come on a ship I can design, staff with fellow scallywags, and…

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