A laptop is arguably the most important
piece of business equipment you own.
If you use your car for business, it is a business expense, just like transporting any other
piece of business equipment for repairs is a business expense.
Not exact matches
A social cause, be it a one - to - one
business model or donating a portion
of revenue, is no more or less an investment than that
of a new
piece of equipment, a new sales manager or a new office.
For service
businesses, capital is usually tied to the various
pieces of equipment used to service customers.
It used to be that owning a physical asset — such as a building or a
piece of equipment — was a valuable thing to build a
business around.
But for
businesses needing to know exactly who's got their hands on which
pieces of company
equipment or information, biometrics are likely to be an increasingly attractive option.
Business owners often think if they purchase a
piece of equipment for $ 100,000, they should be able to borrow $ 100,000 by pledging the
equipment as collateral.
For example, a term
of three or six months might make sense for purchasing quick - turnaround inventory that will be sold over the next three months while an expensive
piece of industrial
equipment might be better suited to a term that allows the
business to spread the payments over several years.
For instance, a sole proprietor in a lawn care
business may use various
pieces of lawn care
equipment for both
business and personal use.
If the small
business loan is intended to purchase some kind
of asset, like a
piece of equipment or real estate, the lender might use the asset being purchased as collateral.
Any time you buy a
piece of equipment dedicated 100 percent to your
business, you can write it off against your
business using one
of three methods: depreciation, amortization or depletion, generally requiring the help
of a tax professional.
If those terms make you a little uncomfortable, or if buying just makes more sense in regard to the
pieces of restaurant
equipment you need, take a look at getting a small
business loan.
«It is our job to educate the marketplace to offer smaller
pieces of equipment which are more versatile, to provide an ever - expanding menu at their clients places
of business.»
Opinion
pieces on the foodservice
equipment and supplies industry from leaders and laymen from all aspects
of the
business, including dealers, distributors, design consultants and multi-unit operators.
The 100,000 - square - foot center, just inside the entrance to Prairie Stone
Business Park off Higgins Road west
of Illinois Highway 59, will have three full - size basketball courts, three indoor tennis courts, a lap pool, an activity pool, an indoor running track and 150
pieces of aerobic and weight
equipment.
If the small
business loan is intended to purchase some kind
of asset, like a
piece of equipment or real estate, the lender might use the asset being purchased as collateral.
For example, if you are looking to purchase a new
piece of equipment, provide quotes on the exact costs, how much capital you need to facilitate this purchase, and specifically how the new
equipment will help grow your
business.
Whether it is a loan for rent and other bills, fixing a broken
piece of equipment or starting an expansion project, your
business may have needs that require additional financing.
But if you're like many
of us, and could use a few computer upgrades or a new
piece of equipment to jumpstart your
business — it may make sense to bite the bullet now.
If a required
piece of equipment malfunctions ruining inventory,
business insurance may also help you recover the cost
of the inventory.
Bottom line — The most important
piece of equipment, the most valuable asset and the only indispensable person in your
business is you.