If you're opening a new business, expanding your current business or just replacing old equipment the costs can be stagering. We never seem to have enough in our budget to pay for everything we need. The answer may be leasing some or all of it. Leasing equipment such as copiers, computers, printers and even furniture is available for almost any business. You get the newest models without a large cash payment at one time.
Most equipment companies have lease plans that will eventually turn into a purchase with a flat fee at the end of the term. You may pay more over the long term but it's worth it to satisfy your cash flow requirements now. Most lease payments are tax-deductable (check with your accountant). And some lease plans may even let you upgrade to newer models as they become available. Leasing makes sense when the cash outlay in full is not possible but you must have the equipment. Always check several companies before you make a final decision. More free articles at www.idealetter.com
Tuesday, September 7, 2010
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