The excavator industry has continued to be hot in recent years, however, the chain reaction brought about is this:
Many people start to enter this industry with jealousy; national new infrastructure and new rural construction projects continue to advance; engineering bosses across the country are very busy; people in the excavator industry are influx and mixed.
As the pressure of competition increases, where should excavator owners go? Should they continue to expand or become conservative? For all excavator owners, the editor recommends that you first think about these three questions:
If the project party is in arrears with the shift fee, will there be enough money to pay the workers' wages and repay the loan?
Arrears of station fees are common in the engineering field. If you want to do this, you must consider this factor. Then, once the engineering party defaults on station fees, can you still use money to repay loans and pay workers after the expansion? Because these two expenditures are not in arrears, this will test whether your funds are strong.
Can you bear the accident in the project?
In the process of engineering construction, it is inevitable to encounter engineering accidents, because this is a high-risk work in itself, damage to public facilities, personal safety problems, mechanical damage are possible, once you encounter such an accident, can you bear it? Affordable? It is also the reason why you decide to expand or be conservative.
Can you find enough projects to feed the excavator you have?
If you expand, it means that you have more machinery, and it also means that your investment has increased. The return should be increased income, but if you don’t have enough contacts to accumulate, you can’t get enough work, resulting in machinery. Idle, you need to know that you still need to repay the loan and bear the loss of mechanical damage. As long as the machine is idle, you will lose money. Can you afford it?
If you think you can solve the above three problems, then you can expand. If not, it is better to use a conservative strategy. However, even if it is conservative, you should not do nothing, day in and day out. , First of all, the changes in the excavator industry are difficult to predict, and no one can guarantee whether the future is good or bad, especially now that the excavator industry is in the early stage of the outbreak, many want to come in and get a share of the pie, if you only care about the current project , Then the ability to compete with others may be lost in the future, and continued conservation will only cause chronic death. Therefore, in the excavator industry, expansion must have sufficient economic strength, and conservative must have a strategic thinking to assess the situation, otherwise, no matter if it is expansion or conservative, it will not succeed.
