I just read a recent post on another blog about how Section 179 was leveraged in the copy machine sales business. Special thanks reminding me of Section 179 in the IRS Tax Code and how it creates “urgency”. I’ll use his quote here. “Time is limited as the asset must be placed in service by the end of… Read More »
Note: Because leasing has such a wide definition, for this article I am specifically talking about lease purchases (where the intent is to purchase the equipment at the end of the term.) What is the difference between a Lease and Loan? This is a pretty broad topic, but the basics can be covered in a succinct fashion. Technically…… Read More »
Cash flow is essential to the life of any business, large or small. In simple terms, the proper allocation of cash resources makes it easier for a business to flourish. However, when revenue generation is at a lull, a business may need to seek funding options to ensure steady growth without interruption. Luckily, these days, there are many… Read More »