N2Growth Blog
JANUARY 6, 2024
Elevating Business Performance through Strategic COO Hiring The crux of business performance lies in devising a robust strategy and executing against it. Despite strategy being the linchpin, it would amount to naught if the right mechanism for its implementation isn’t in place. Strategic hiring of a COO thus becomes paramount.
Strategy Driven
SEPTEMBER 11, 2023
Understand Depreciation and Resale Value Take into account the depreciation and potential resale value of the industrial equipment you’re considering. Research the typical depreciation rate for the specific type of machinery and factor this into your decision-making process.
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Strategy Driven
APRIL 27, 2020
Here are just a few of the many tax-saving strategies we recommend to our business clients at year-end: 1. Depreciate your new equipment. The new law also allows you to take this depreciation allowance for equipment that you purchased second hand – just make sure to put it in service before the end of the year.
Strategy Driven
JUNE 20, 2021
You will be paying top dollar, and the value of that car will depreciate the second you drive it off the forecourt. It can depreciate as much as 20%. Buying used cars will allow you to avoid taking that huge hit in depreciation. What is more, buying nearly new will take away a good chunk of that depreciation value.
Strategy Driven
MARCH 12, 2023
Cost management issues can include high insurance premiums, excessive maintenance costs, and vehicle depreciation. To address these issues, fleet managers should implement cost management strategies, such as vehicle tracking, maintenance scheduling, and driver training.
Lead Change Blog
OCTOBER 25, 2018
After each conversation you observe or have (regardless of how long or short, and whether you are observing others or having a conversation with yourself or someone else), put a tick mark on the side representing whether it was an appreciative (positive) or a depreciative (negative) conversation.
Strategy Driven
MAY 17, 2023
Track and document all fleet-related costs, including fuel, maintenance, insurance, and depreciation. By regularly reviewing and updating your fleet management strategies, you can ensure that your company remains agile, cost-effective, and responsive to changing market conditions.
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