eLease Equipment Leasing

Tax time is a great reminder of why we lease equipment for our customers. Depending on how you setup your leases you can write off your payment as an expense for your business.  Have questions about the different types of leases out there? Give us a call or check out this basic overview Lease Types.

The idea is to have your company running like a fine tuned machine. You are only spending money on what is making you money. Also it is scalable, so the more equipment you have the more money you make. Equipment leasing makes it much easier to plan and clearly see equipment is making money for your company.

With large capital investments it is hard to track how profitable those investments are for your business. But when you lease, you can match the money payments to the monthly profits.

Taxes can be a stressful time for companies. It is one of the only time small companies get a chance to look at their year in review and plan for follow years. Take advantage of the perspective and let 2008 be a high growth year from your company.

Sometimes the largest personal asset an entrepreneur has does not sit on the company balance sheet which is personal credit. Personal credit is usually reviewed first at the Bank they choose to open their business account and it continues from there with the land lord for the business wanting a signed credit application with your SSN.

Your business depends on your personal credit. It is your ability to gain credit for your business which is why it must be reviewed and protected. As a lender our banks review my personal credit on an annual basis which means I need to make sure my credit is protected. When I did my annual review of my credit I saw an account I don’t remember signing up for which was not being used but I had no recollection of applying for this account. I decided at that point to partner with a company, Lifelock, to protect my credit.

Lifelock www.lifelock.com provides a million of insurance for identity theft. I look at it like insurance on the business. How could I not protect my biggest personal asset for my credit. What if my identity was stolen? What would happen to my credit and more importantly what would happen to our relationships with our banks? The scenario almost made me sick to my stomach. I feel much better that I don’t have to worry about that for $10.00 per month!

Here is their info:

About LifeLock

LifeLock is the industry leader in the rapidly growing field of Identity Theft Protection. We are based in Tempe, Arizona. Our company is led by experienced and successful entrepreneurs and industry experts. We are backed by Bessemer Venture Partners, one of the leading venture capital firms in the world. We serve tens of thousands of consumers in every state of the union, Puerto Rico and the US Virgin Islands. Take a moment to browse and learn about the team that will work for you.