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So you’re all ready to buy a new piece of equipment for your business – maybe a new trailer or a hydroexcavator.You’ve settled on your preferred model, figured out your financing and made room in your budget for payments. Now, hold on. There are two more questions you must always consider before making a major business purchase.No. 1: How soon will that new gadget pay for itself? And No. 2: What is owning it going to cost you?You really need to know the answer to the second question if you’re going to accurately answer the first one.The cost of owning
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Cornell Pump Company Case Study
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