I’ve been qualifying bakery equipment opportunities for the last 23 years, and after answering only a few key questions I can sense when a FoodTools machine will provide a rapid payback. A machine that saves labor will improve profits and should be a no-brainer investment, therefore, its strange when an organization fails to see the return on investment (ROI) as well as the quality improvement that portioning equipment can provide. When a no-brainer purchase decision is no, I try to uncover any hesitations, and sometimes that leads to discussions about equipment leasing options.
Companies that invest in themselves are the ones that grow. Those that postpone investments often limp along missing opportunities or are out of business when I follow up at a later date.
While I always recommend due diligence on capital expenditures, buyers concerns over capital purchases interrupting company cash flow should not postpone a good buying decision. I try to let small business know that they should consider equipment leasing options when the benefits outweigh the lease payment. When weighing your options, there are many short and long term plans available from equipment leasing companies that can be cash flow positive. These lending companies will tell you honestly if you can or cannot afford a purchase based on your ROI. Leasing a machine that saves labor can be a cash flow positive choice. If your company has never leased equipment it is easier than you might think.
EQUIPMENT LEASING OPTIONS – SECTION 179
Additionally, Section 179 of the IRS tax code in the United States allows businesses to deduct the entire purchase price of new capital equipment purchased or leased for the tax year 2016. Visit www.section179.org for more information, or click here to use the interactive calculator to see how much your business can benefit.
If you have any questions about purchasing or equipment leasing options ask your FoodTools representative. We have years of experience directing our customers in the right direction toward funding sources that meet their needs.