August 2013

Planning Capital Expenditure over the Life of the Purchased Item – Better Perspective!

Published on Friday, 30 August 2013 12:20:18    Written by Marc
Planning Capital Expenditure over the Life of the Purchased Item – Better Perspective! Large and well-established companies such as pension funds at times plan their [tag]capital expenditures[/tag] according to the lifespan of the items they purchase whereas smaller companies plan for much shorter designated periods. In a previous work environment, one of my responsibilities was to plan purchases based on the expected lifespan established by the manufacturer, which could range from 10 to 25 years. Read More

Plan Your Capital Expense Like a Squirrel

Published on Tuesday, 27 August 2013 13:49:08    Written by Marc
Plan Your Capital Expense Like a Squirrel Did you ever notice how squirrels seem to get active in the fall? Of course, you rarely see a squirrel sitting around doing nothing as they constantly move around getting things done. But in the fall season you can clearly see that they ramp up activity. My apple tree on the side of the house starts to loose apples around the end of august. That’s when the squirrels seem to start to prepare their winter reserves. You can see them with apples as large as an adult’s fist in their mouth climbing the side of the house stopping on the roof for a snack and then off to the small strip of forest in the back of the house to bury the bulk of the produce. So they eat a little and they keep the rest for a rainy or should I say a snowy day. Read More

The True Cost of a Few Words

Published on Thursday, 22 August 2013 10:10:19    Written by Marc
The True Cost of a Few Words Back a few years ago in a previous life, we were closing down a manufacturing site which had about nine years left on the lease. This was a large site with over 350,000 square feet of industrial space on the East Coast of North America. When the decision to close the site came, I naturally went back to the lease to verify what special clauses we would have to deal with. In all fairness, this lease had come with an acquisition that included many properties/leases, so we had not negotiated the leases, we simply took them "as is" at the time of the acquisition. Read More

Don’t Forget the Grants

Published on Friday, 16 August 2013 11:46:36    Written by Marc
Don’t Forget the Grants So you’re in charge of a capital planning involving a capital expenditure purchase. Your company or organization is anxious to get the capex approved as they anticipate it will be the source of great savings and more efficiency. You spend hours, days finding the right product with the right specs at the right price and with an acceptable delivery schedule. But wait, have you forgotten about possible government grants or credits? Read More

30 Things To Not Forget When Purchasing a CapEx

Published on Tuesday, 6 August 2013 10:21:31    Written by Marc
30 Things To Not Forget When Purchasing a CapEx Ever purchase a piece of equipment thinking it would be a standard procedure without first consulting a defined checklist of things not to forget, only to find out how big of a mistake that was?

Regardless of the complexity of the capital expenditure or purchase, I tend to believe that having good capital planning and a good checklist handy can prove essential for a smooth transaction.  Even when the purchase seems like an obvious repeat of something you previously purchased.  This idea of consulting a checklist of things not to forget applies to standard purchases of equipment but especially if the equipment is something completely new and/or coming from a foreign country. Read More