In a recent independent survey of 3,214 businesses (with less than $50,000,000 in revenue) that make at least two equipment purchases per year… • Companies that pay cash for equipment keep equipment longer • Companies that pay cash for equipment have higher maintenance expenses • Companies that pay cash for equipment have more equipment downtime • Companies that pay cash for equipment have more employee turnover
Upon determining the need for additional commercial equipment, we see business owners often struggling to decide between purchasing new or used. With a little proactive thinking about your business, how you use the equipment and a few financial implications, you can have a plan that fits your needs.
Struggling with the cost of staying current with business technology? On the one hand, you can’t afford to fall behind. On the other, it can be hard on your budget to keep up. That’s why it’s so important to make every tech dollar you spend count.
When you choose LEAF, you’re choosing a team with one goal: to help you equip your business quickly, with customizable, affordable terms that all help you get the most out of your equipment investments. Find out more about why businesses nationwide choose to finance their equipment, software, hardware and other technology with LEAF…
Things aren’t always as they seem…using equipment through the end of its functioning life has many unforeseen costs. Here are 5 you may not have realized!
For most business owners, equipment acquisition happens in the break/fix moment. Recent research points to more than 65% of all small business owners replacing equipment only when absolutely necessary. But with the significant price of this equipment and the enormity of downtime expenses, is this the right approach?