What can make the New Year even happier? Getting some sweet new equipment in your shop to increase your productivity and your revenue. But here’s the thing: Without the proper preparation and budgeting, new equipment purchases can easily become a burden both financially and in terms of your physical space.
If you haven’t done it recently, it might be time to examine the profitability of your various shops. And if you find there’s room for improvement, it’s time to start making some changes to increase efficiency.