Leasing Or Buying Business Equipment

Released on = December 14, 2005, 2:42 pm

Press Release Author = Reliable

Industry = Real Estate

Press Release Summary = Determine Your Buying Power Exercise Your Tax Options and
Create A Lean Mean Business

Press Release Body = Leasing refers to an owner, or lessor, selling use of his
property (equipment, automobile, home, or business) to a lessee. For many
individuals, leasing is a good alternative to buying because leasing requires less
equity and, therefore, more people have the qualifications to lease than to buy. For
example, a $1 million piece of property may be too expensive for a business to
purchase, so they lease it for $5,000 per month, which they are able to do with the
profits they make.

Having the latest high-tech equipment is crucial for an IT company, so they may
lease the best computers and have a continuing upgrade in their contract. This is
much more cost-effective than regularly having to purchase the latest model,
especially because computers are constantly being improved upon and the older ones
become obsolete in no time.

Many other types of equipment, such as those used in construction, entertainment,
weddings, and offices are typically leased to the user. Bulldozers, loaders,
graders, and cranes are just some of the equipment needed when constructing a new
building. If the building owner bought these items for the temporary use needed, he
would spend hundreds of thousands of dollars needlessly. By leasing the machines, he
is paying less and also being guaranteed service, repair, and maintenance on them.

Equipment rentals are a big part of the entertainment industry, from a child's
birthday party to huge corporate events. Many parents lease massive waterslides,
cotton candy machines, and "moon walks" to enhance their child's party. Corporations
trying to impress clients host big blowouts complete with extravagant light shows,
live broadcasts, and other huge presentations, all requiring leased equipment.

Weddings and bat/bar mitzvahs are other big sources of leasing needs. These events
often require large amounts of silverware, linens, tables and chairs. Some even opt
to have huge tents erected for their event, another leased product. A wedding
typically has five or more vendors, all providing various leased services, such as
catering, supplies, and music for the event.

Business offices must supply their workers with adequate equipment required to
produce a huge amount of paperwork and computer files. Machines such as computers,
printers, scanners, copiers, and fax machines are often leased because the lease
contract provides the lessee with service and maintenance. Many contracts also
include supplies, upgrades, and installation, all of which would be too expensive to
buy individually. Leasing is much more cost-effective than buying in many of these
situations.

Business leasing works similarly to home leasing. A person or company will buy a
strip mall and lease each of the storefronts to different businesses, focusing on
what sort of businesses will do well in the community and offering a variety of
services on the property. The business owner would rather lease the store than buy
it, because it is less expensive and the landlord will handle all service and
maintenance of the building.



Web Site = http://business4000.com

Contact Details = Greg Vanden berge

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