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.

By Erik Gunn
March 23, 2015

Filed Under

Small Business Investment

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Think Strategically When Considering New Equipment — Do you foresee the need for a new hydroexcavator 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...

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