HVAC Equipment Refurbishment Helps Save Money
Making capital equipment replacement decisions is never easy, due to the potential impact on budgets, operations, and occupant comfort. If you have...
Every business must have a capital budget to cover major facility expenses. Do you know how to plan for and create a facility capital budget for replacement of HVAC and mechanical equipment, roofing, parking lots, lighting and more?
When something in your facility fails unexpectedly, the cost to replace a major system can have a negative impact on your annual budget.
If you haven’t prepared for the unexpected, you could face significant costs. Charges for an unscheduled repair can push replacing a failed system up more than 50% over a planned replacement.
Unexpected costs can be avoided with advance planning. Download Creating a Capital Budgeting for Major Facility Expenses to learn 4 steps to creating an accurate capital budget, including protection against unexpected system failures.
Establishing this source of pre-emptive funding prevents the fiscal shock that unexpected replacements can bring. Creating a Capital Budget to Fund Major Facility Expenses is a capital budgeting blueprint. Use it as a checklist to make sure your budgeting process is thorough and accurate.
To request a capital budgeting consultation, email solutions@gorudolphlibbe.com or call 866.720.2700.
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