Monday, February 7, 2011

Consider Used Equipment

Whether you're buying equipment for your office, store or factory, consider buying some of the less frequent needed equipment used or refurbished. The most important and frequently needed items can be bought new or on sale or older models. This will save much needed cash flow and will still do the job you need done just as well. When we owned an ice cream store we purchased about 40% of the equipment used and only the most-worked items new because of constant use. Our big 3-door ice cream freezer was new because it got the most use and had to sustain very low temperatures.

Things such as a general duty refrigerator and sandwich bar were bought used and we never had a problem with them. Most of the items in the customer service area were new to give a good impression. By buying the equipment (new & used) from one restaurant supplier, we were able to get a very good package price plus a few extras thrown in. Consider used when you can and save valuable cash flow dollars.
More on business spending in chapter 6 of my book "When the Shit Hits the Fan" Career Press Publisher available at amazon.com

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