As many businesses arrive at the two or three-year stage and have spent their founding cash, they require new and upgraded equipment to cater to the continuous business coming in. This is the time when asset finance becomes increasingly valuable to a business to efficiently manage its growth and remain competitive.
Should you rent or buy your next piece of equipment? Here are 3 benefits of renting that Bigstone finds important to consider before making your next equipment purchase:
All business purchases need to be justified, well planned and appropriately funded or you run the risk of wasting your hard-earned cash. Here are some questions to ask yourself before you buy a new piece of equipment, one of which is how you'll pay for it.