Think Strategically When Considering New Equipment

Equipment purchase decisions today – whether you’re pinching pennies or spending heavily – will have an impact when it comes time to cash out the company.

Mar 02, 2015 | by Erik Gunn |

Small Business Investment

Truck Mounted Sewer Jetter — Do you foresee the need for a new truck-mounted sewer jetter in your future? Major equipment purchases are a big deal. Make sure you are taking the right approach.

When it comes time to buy new equipment, you face scores of decisions. What brand? What make and model? What features?Should I buy new or used? Should I lease instead of buy? Or if I do buy, how should I finance it?Other questions require deeper reflection: Will this equipment make my business more productive? Will I be able to generate the cash flow to pay off the loan? Is it good for my business?And some of these decisions have even longer-term implications still – not when you buy the equipment, not even necessarily a year or two later.Instead, those turn

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