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The top six reasons restaurants lease equipment
Yes, restaurants can lease equipment. In fact, many restaurants choose to lease equipment because it allows them to acquire the equipment they need without having to make a large upfront investment. Leasing equipment can provide many benefits for restaurants, such as: In summary, restaurants can lease equipment, and many do. Leasing equipment can provide various … Continue reading “The top six reasons restaurants lease equipment” Read more
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Should mechanics continue to lease equipment?
Mechanics, like other businesses, may choose to lease equipment for a variety of reasons, including: In summary, mechanics may choose to lease equipment for various reasons such as preservation of capital, tax benefits, flexibility, cost-effectiveness, maintenance and repair services and predictable costs. This can be especially beneficial for mechanics in the automotive industry, where new … Continue reading “Should mechanics continue to lease equipment?” Read more
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Harness the secrets of equipment leasing and defeat the IRS
There are several tax benefits of leasing equipment for businesses: It’s important to note that these tax benefits may vary depending on the type of equipment being leased, the terms of the lease, and the jurisdiction in which the business is located. Businesses should consult with a tax professional to ensure they are aware of … Continue reading “Harness the secrets of equipment leasing and defeat the IRS” Read more
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Cash is King
Preserving capital is important for businesses because it allows them to have a financial cushion to help them weather unexpected expenses or downturns in the market. When a business has a reserve of capital, it is better able to handle unexpected expenses such as equipment repairs, unexpected increases in the cost of goods, or even … Continue reading “Cash is King” Read more
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5 Powerful reasons big businesses lease their equipment
Commercial equipment leasing is a popular option for businesses of all sizes, as it allows them to acquire the equipment they need without having to make a large upfront investment. Leasing equipment can provide many benefits, including: When considering leasing commercial equipment, it’s important to compare different options and choose the one that best suits … Continue reading “5 Powerful reasons big businesses lease their equipment” Read more
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Jim Coxon - Equipment Lease and Finance 