Article Directory :: Business - General Articles

You Walk On Gold Every Day

By Greg Newell

Subscribe to Greg Newell's RSS feed using any feed reader!

Republish: EasyPublish™
Published: 12Feb2012
Word count: 568
Viewed: 34 time(s)
Bookmark this article using any bookmark manager!
Get Free Content For Your Site

When you walk to your car, you're really walking on cash. Where? All you see is a blacktop parking lot? Look down at the asphalt your standing on. It's black gold and has been appreciating in value right under you feet.

For the past six years oil prices have climbed causing rise in costs for many products and services. The cost of installing asphalt has become especially more expensive due to the fact that oil is used in every step of the process.

• Asphalt material contains tar (oil)

• Fuel (oil) heats the asphalt to 300 degrees.

• Diesel fuel (oil) transports the asphalt to the sight

• Fuel (oil) runs the equipment that installs the asphalt.

A change in any oil price affects the final cost of asphalt parking lots. What does that mean to you? The asphalt you're standing on has become more valuable than when it was installed.

• 2005: asphalt - $29.50/ton diesel - $1.96/gal. gasoline - $1.75/gal.

• 2008: asphalt - $65.00/ton diesel - $5.00/gal. gasoline - $4.00+/gal.

• 2011: asphalt - $57.00/ton diesel - $3.99/gal. gasoline - $3.45/gal.

A 50,000 sq. ft. parking lot installed with 2" of asphalt in 2005 would have cost $30,246. The same 50,000 sq. ft. parking lot installed today would cost $62,000. Your parking lot value has more than doubled. If only the rest of our investments increased that much.

I know your looking at your parking lot and thinking, "This tired old thing?" Yes, that tired old thing! Asphalt prices have increased so much that instead of heaping old asphalt into landfills, asphalt producers will take your old asphalt that still contains embedded tar, grind it up and put it in new asphalt. Over 75% of all old asphalt is recycled in the U.S. — that's the highest recycle rate for any material including aluminum. That's your money you're standing on, and you need to preserve and conserve your investment.

Preserve and conserve?

Proper asphalt maintenance on your existing property is like putting money in the bank. An example: new asphalt left alone, with no maintenance, can last 10-15 years. Asphalt maintained on a regular basis will last 20 to 25 years. Cracking asphalt or potholes caught early, while they are small, are far less expensive and slows the detioration of the existing surface. Grey asphalt is a result of the sun evaporating the tar. Sealcoating helps preserve the tar and keeps your asphalt more elastic, which slows down the cracking.

When the day does come to resurface your parking lot, the preservation of your existing parking lot will pay off. Another example: if you take that same 50,000 s.f. parking lot, pay to rip it out and put in 2" of new asphalt, it would cost over $100,000. If you have been preserving your 50,000 s.f. parking lot you only need to resurface 1.5" of new asphalt on top of your existing asphalt, it would only cost $46,000. That's a $55,000 savings and you'll have a stronger parking lot because you're adding 1.5" of new asphalt over the existing 2" surface. That's 3.5" of stronger asphalt for less money…preserve and conserve!

So the next time you walk to your car, remember that's your money you're walking on. You should do everything you can to keep it.

Thermo Asphalt Repair puts quality in a business you might otherwise take for granted. They also give knowledge to the client that other asphalt companies take for granted. Don't get taken for granted... Do business with Thermo Asphalt Repair. Striping, Asphalt Repair, Pothole repair for area businesses and residences in Dayton Ohio. www.thermoasphaltrepair.com

Bookmark this article using any bookmark manager! Subscribe to Greg Newell's RSS feed using any feed reader!

EasyPublish™ this article - publishers click here

More articles by Greg Newell

Free Report!
Ten Essential Secrets Of Article Marketing ... Grab Your Free
Copy Now:




We respect your privacy.

Need Content?
Regular Top Quality Content for your Blog, Ezine or Website ...
Delivered Direct,
For Free!
Click For Details


Arts & Entertainment
Automotive
Business - General
Computers & Technology
Finance & Investment
Food & Drink
Health & Fitness
Home & Family
Internet Marketing/Online Business
Legal
Pets & Animals
Politics & Government
Reference & Education
Religion & Faith
Self-Improvement/Motivation
Social
Sports & Recreation
Travel & Leisure
Writing & Speaking

More business articles:

  • Things To Make Your Resume Stand Out And Get You Noticed (Winston Takeda)
    In this article, you'll learn some great tips on how to make your resume stand out among all the hundreds that are sent in for every job opportunity.

  • High-Efficiency Air Conditioning Service Makes A Difference (Brad Crawford)
    An air conditioning service may not be enough to keep up with the warm summer everyone is expecting in 2012. After such a mild-to-warm winter, many experts are predicting an especially hot summer. For home owners who have old air conditioning service may want to consider switching to a high-efficiency system, to help reduce costs and increase their comfort.

  • Judgment Recovery Case Study #3: The Delinquent Designer (Christina Smiley)
    In this case, Anderson Engineering, Inc. hired Giometti Design LLC as an independent contractor for website design services and ongoing IT management for a major company website. The contractor, Giometti Design had been pre-paid by Anderson Engineering, but the services were never rendered. A judgment for $3,250.00 was awarded for breach of contract.

  • How To Kickstart Management Innovation In The Workplace (Jason Arden)
    Management innovation is not the same as operational innovation. Instead of looking at how process can be made to run better, management innovation looks at how managers and business leaders themselves can be made to think and operate more effectively and come up with truly innovative, novel ways of improving the bottom line.

  • Managing Retail Price-Point and Margin Pressures (Ted Hurlbut)
    The greatest challenge independent retailers are struggling with right now, even more than depressed traffic counts, is getting full margins for their goods. This struggle continues with fresh arrivals of fall goods, and shows no sign of abating. Customers remain extremely value conscious, and to them, that means "On Sale".

  • Are You Committed Or Interested In Growing Your Business? (Fabienne Fredrickson)
    Let me ask you right from the start - which one do you think you are? Committed or interested in growing your business? It actually does make a very big difference. Because getting to the bottom of that question reveals how badly you want success.

  • Building Brand Equity To Achieve Critical Mass (Ted Hurlbut)
    As we come to the end of the summer, independent retailers are increasingly focused on the last four months of the year. Many are looking for their sales to finally turn, while expecting the retail competition to be ferocious. Still, it's also necessary to have an eye on what it's going to take to succeed over the next one to three years, and beyond.

  • Building Retail Brand Equity (Ted Hurlbut)
    Much of the commentary has focused on the loss of the local touch -- so long a hallmark of the department store business -- and the leveling effect of replacing these local stores with a generic, national retailing strategy.

We Automatically Distribute Articles
To Thousands Of Publishers And Web Sites:
Submit Article
All content is viewed and used by you at your own risk and we do not warrant the accuracy or reliability of any of the information. The views expressed are those of the individual contributing authors and not necessarily those of this web site, or its owner, Takanomi Limited.
  
Copyright © 2012 Takanomi Ltd. Company no. 5629683. All rights reserved. | Privacy | Legal | Contact Information