No matter what your industry, there comes a time when you’ll need to consider updating your equipment. Maybe you’re eying off a shiny new truck, or a fancy piece of gym equipment. Maybe the wheels are starting to fall off your old trailer (literally!), or maybe you’ve picked up a big contract and need extra equipment to keep the customer happy.
The benefits of new equipment are obvious – it can raise productivity levels, help meet your existing customers’ needs, and give you the edge you need to attract new business. But buying equipment outright can be very costly. And let’s face it, many small to medium businesses simply don’t have the funds to lash out on expensive purchases at the drop of a hat.
Before you make your decision, here are a few tips to help you decide your best course of action.
View original post 393 more words