Buying vs. Leasing Business Equipment
Buying and leasing are two completely different methods of acquiring the resources you need for your business. There’s no surefire way of telling you exactly which direction you should go, as each business is different and has different end goals. If you need...
5 Questions to Ask About Business Leasing
New and seasoned business owners understand that there are many different types of expenses associated with your operations. In some cases, costs rack up before you can open the doors. This is one of the reasons why leasing business equipment is a practical option. It...
The Worth in Leasing Business Equipment
In a multitude of situations, buying business equipment can be more economical if you need it for an extended period of time. If you need an immediate, short-term solution, leasing is the better option. There are additional reasons why leasing is worth the hassle for...
What You Should Know About Leasing Equipment For Your New Business
Most new business owners often think of banks when considering possible financing sources. Unfortunately for the new entrepreneur, traditional bank financing may be impossible to obtain, at least in the first two years of business activity. Another option available to...
Methods For Improving Work Productivity
Companies and employees alike are looking to maximize productivity so no one is wasting their time. Improving productivity can be a nuanced task, however, and there are a few ways to approach it. The following are some methods that, alone or combined, have been proven...
Keeping Equipment and Space Clean and Clear
Keeping the workplace neat and tidy can often be a more important concern than many businesses might realize. From cultivating a more professional image to eliminating the equipment, supplies and other clutter that may be obstructing the movements of their staff and...
Three Types of Business Risks
Every type of business, no matter the size, faces all sorts of risks. In larger companies there are departments dedicated to managing risk systematically. However, for smaller business owners it may be necessary to take the time themselves to research and learn about...
Six Reasons to Finance Equipment for Your Business
Every type of business requires equipment, however, many do not have the ability to invest money into purchasing things brand new. At that point it comes down to two options: leasing or financing. If you’re looking for a way to keep working capital and avoid loans,...
Innovation and Equipment Finance
Businesses must be innovative to stay profitable. Old equipment and technology can slow down productivity and cost extra money to use, which can cut into a company’s profit. The problem is that 61 percent of business executives find innovation to be challenging when...
What is Risk Management?
The most important term in the financial world to know and understand is risk management. The most basic definition of risk management is identifying, analyzing, and accepting or mitigation the uncertainty of an investment decision. Risk management will typically be...