Aug
22
The advantages of leasing equipment for a company.
Leasing can make sense when cash is tight,as many businesses have been experiencing more often than not.
Every few years, or whenever the lease term ends,you can upgrade your equipment .
Some lease agreements cover certain repairs,upgrades and maintenance,so you can may not face as many out-of-pocket expenses.
Some equipment depreciates in value so fast such as computers and copiers that the businesses need not worry about all the upkeep and disposal costs.They just turn the equipment back into the leasing company.
Start-ups without steady or generous cash flow may do well to lease in order to preserve cash.