Leasing Solutions Limited

Lease rentals are considered as an operating cost, which means that it is often possible to deduct them from taxable profits (as a trading expense).

• Leasing keeps your Bar Equipment & Fittings up−to−date. Equipment eventually becomes obsolete. With a lease, you pass the financial burden of obsolescence to the equipment leasing company. For example, let's say you have a two−year lease on Bar Equipment & Fittings. After that lease expires, you're free to lease whatever equipment is newer, faster and cheaper. (This is also a reason some people prefer to lease their cars.) In fact, 65 percent of respondents to a 2005 Equipment Leasing Association survey said the ability to have the latest equipment was leasing's number−one benefit.
  
• You'll have predictable monthly expenses. With a lease, you have a pre−determined monthly line item, which can help you budget more effectively. Thirty−five percent of respondents to the Equipment Leasing Association's survey said this was leasing's second−highest benefit.
  
• You pay nothing up front. Many small businesses struggle with cash flow and must keep their coffers as full as possible. Because Leasing Solutions Ltd require a a small down payment, you can acquire new Bar Equipment & Fittings without tapping much−needed funds.
  
• You're able to more easily keep up with your competitors. Leasing can enable small businesses to acquire sophisticated technology, that might be otherwise unaffordable. The result: You're better able to keep up with your larger competitors without draining your financial resources.

To be able to operate successfully, your business will need to acquire assets or capital equipment, such as plant or machinery. These assets may include office furniture, Bar Equipment & Fittings, computer equipment, company vehicles, engineering machines or service equipment. You could buy all of this equipment outright, or you might decide to rent or lease it instead. There are advantages and disadvantages in both options.

The disadvantages of buying outright include :−

• you have to pay the full cost of the Bar Equipment & Fittings up front out of cash which can affect your cashflow
• if you use an overdraft or loan to fund the purchase it will add to the cost − overdrafts can be withdrawn at short notice and in some cases early repayment of loans can be demanded
• a small company is unlikely to get the same deals on price as a large company and may not have the same product knowledge and experience − and so could make an unwise choice
• you may end up buying Bar Equipment & Fittings that you will not need in the future
• you can't easily spread the cost to coincide with money coming into the business
• you are entirely responsible for the maintenance of the Bar Equipment & Fittings
• you won't be able to take advantage of the tax benefits of deducting the cost of rental from your taxable income
• the value of the asset may depreciate over time and be worth less than you paid for it
• you take on all the risk if the Bar Equipment & Fittings breaks down or needs replacing.

With ever increasing demands for jobs to be completed in shorter times, the need for control and efficiency is of high importance. To have the right Bar Equipment & Fittings to finish the job 'in house' is almost a necessity. We have taken this on board and now offer leasing on the complete range of both new and used Bar Equipment & Fittings.