Quick question: If I offered you one of three choices: $5,000 cash right now, $5,000 in a few years, or $1,000 a year for five years, which would you take? Most of you would say $5,000 right now, which is the correct answer. There are a lot of reasons why most people feel this is the correct answer.… Read More »
One thing that never changes is the media latches onto “bad” news much more than good news, and often, the bad news becomes the prevailing sentiment. I’m not going to pretend I’m not influenced by that either – in this very blog I’ve recently been discussing shortages (both in materials and labor), rising inflation, rising interest rates, and… Read More »
One more reason to finance equipment in 2022 is my old favorite, Section 179. It makes more sense than ever to take advantage of Section 179. All you have to do is read my past few blog posts – there you find talk of rate increases, record inflation, increased lead times, and even used equipment costing more. All… Read More »
Well, it happened. The Federal Reserve raised interest rates last week a quarter point, marking the first rate increase in three years. Most economists felt this was inevitable, and I’ve been talking about this for a while now. Well, we’ve moved out of speculation and into reality – with the inflation numbers being what they are (the highest… Read More »
Keeping up with the “reasons to finance equipment in 2022” theme, let’s talk about a favorite subject of business owners everywhere – getting the jump on your competition. Business is all about providing good products and services that are of value to your customer base. But competition is always going to exist – everything you do, your competitor… Read More »