Business Idea: Your thoughts

[DownhillGoat]

Originally Posted by dubc80

From what I have seen suppliers charge us for trucks, quads and other misc field consumables and supplies, we could of outright bought the units many times over.

It still amazes me that companies don't outright buy. Stupid accounting department.

[Nufy]

Originally Posted by kunkstyle

It still amazes me that companies don't outright buy. Stupid accounting department.

Once you buy , its a depreciating asset...

Harder to bill to AFE's...

[DownhillGoat]

Originally Posted by Nufy

Once you buy , its a depreciating asset...

Harder to bill to AFE's...

I understand why. It's just assinine. We'll spend $240,000 a year to rent an air compressor that would cost $100,000 to install permanently. Just to have it under a different column/budget.

[dubc80]

Originally Posted by kunkstyle

It still amazes me that companies don't outright buy. Stupid accounting department.

I agree in principal, but it's the responsibility for maintenance, storage, and inventory which producers don't want any part of.

[DownhillGoat]

Originally Posted by dubc80

I agree in principal, but it's the responsibility for maintenance, storage, and inventory which producers don't want any part of.

Rent something for 2 years and you're maintaining it and storing it anyways.

[Hockeyguy15]

Originally Posted by kunkstyle

It still amazes me that companies don't outright buy. Stupid accounting department.

HA accounting department? Right.

Accounting has no say over how day to day business is run.

[para transit fellow]

insurance could be a deal breaker. Quads are considered "high risk"