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.

Monday morning the first Monday of March, I turn on the news and hear about oil hitting $103.00 per Barrel. Barak and Hillary are going head to head and gold hits another record. Since I am running about 5 minutes ahead of schedule I pull into a gas station that says gas is $3.19 a gallon. As I pull I see the gas station worker walk over to change the gas to $3.29 that would have cost me an extra $1.60 for the fill up. I was the last customer at that price which I found unsettling. Even scarier is that I heard on the news that gas could go to $4.00 per gallon that will have huge effects on the small business community and households in general.

Some economists have compared this economy to the early 80’s. I can see the comparison but there is no interest rate comparison. The silver lining for entrepreneurs and households is at least interest rates have decreased substantially. This will allow entrepreneurs to borrow with less cost which should help significantly.

I cannot remember a time when the Federal Reserve has lowered the borrowing costs by 1.25% in a month and gas has increased over 13% at the same time. I am started to feel sea sick from all the information and the rapid changes in the capital markets.

With instability opportunities are created. I am always amazed by the resiliency of entrepreneurs to grow their businesses in changing times. We spoke to a vendor today that is selling wind turbines to small businesses in the Midwest to help reduce energy costs! Every market correction has an opportunity to flourish new industry.