Is Your Company Suffering From Lost Opportunity?

Most business owners know how to calculate fixed costs—like rent and equipment—and variable costs— such as wages, utilities, materials, etc.— related to providing goods and services. But there is another kind of cost to consider when making business decisions: lost opportunity cost. While lost opportunity costs can sometimes include intangible factors that are harder to measure, that does not mean they are not real. Missing out on a large sale or project because you do not have the right equipment is worth your time to consider to add or replace equipment.

Keeping Informed

Why You Should Consider Section 179

Acquiring new equipment for your business is an important decision. Section 179 of the IRS Tax Code allows you to deduct all of the cost of qualifying equipment purchases in the tax year when you make the purchase.
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How Strong Is Your Business Credit?

Email me for a free copy of your D&B report

The D&B PAYDEX® Score measures a business’s past payment performance based on information in the Dun & Bradstreet Data . On a scale of 1 to 100, scores of 80 and above are considered low risk and could potentially increase a business’s credibility to creditors
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Financial Tips for Business Owners

The prospect of becoming a small business owner can be very intimidating. When you’re the big decision-maker and the success or failure of the company hinges on what you do, it’s easy to become overwhelmed. One mistake can lead to…
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Paul Petersen  July 11, 2019 

Do your customers know how much they can save by buying equipment NOW and taking advantage of the IRS Section 179 deduction?
Want to help them learn more?

Click here for a FREE downloadable PDF.

The PDF is yours to distribute to any of your customers or potential Customers!

When you are financing/leasing a piece of equipment, you are essentially renting it the same way you might rent an apartment. It typically requires no money down and no collateral other than the equipment we are financing. In most cases, the debt is not on your personal credit and is only considered businesses debt.

Once you have reached the end of the term you will own the equipment (Capital Lease).
Or purchase the equipment on a FMV (Operating Lease).

What is a Line of Credit?

A business line of credit provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow.

Business Financing-Facts & Figures

The Following points provide a good overview of your sales and /or acquisition process of a business

• 81% of businesses prefer to have a payment over the sales price
• 84% of businesses are without a financing plan when they start to search for equipment
• 94% of a business owner would return to their dealer that provides financing options
• 73% would rather not finance equipment from their bank

Would you like a free copy of your D&B Business Report?
Just send me a email:  Email Barbara
 
Always your One Point of Contact
Barbara Griffith
Office – 714-573-9804 EXT 101