So you’ve decided to expand your small business, but you don’t have much capital?
Don’t throw in the towel just yet.
Here are four ways you can leverage leasing your equipment to make your business a million dollar success.
Paying for your business equipment is hard.
Banks don’t help with their ridiculous policies and mountains of paperwork.
Getting the equipment your business needs to function and grow shouldn’t be that hard. Thomcat Leasing makes securing your equipment safe and easy.
Check out this video about equipment leasing and it’s benefits:
See for yourself how affordable equipment leasing is to your business. Get a 60 second lease estimate today!
As you know, when heavy equipment is used on a job site, it is vitally important to ensure the safety of your workers. According to WorkSafeBC, 145,803 injuries were reported in BC in 2015 resulting in 122 work-related death claims, 6,628 short-term disability claims, 2.6 million days lost from work.
Of those work-related injuries, the two leading sectors were Construction and Manufacturing. With those statistics in mind, how can you prevent such tragedies from occurring on your watch?
Sometimes finding the right equipment for your business to function and grow can be difficult. You don’t have a lot of time to be browsing pages of irrelevant listings. You just want to find what you need, get it, and put it to work.
This guide will provide you with examples and advice for finding your equipment fast. I’ve been shopping for heavy equipment every day since 1989, and as simple as these tips might be – they really work!
According to the Canadian Federation of Independent Businesses, 1 in 5 small businesses were the victim of fraud or attempted fraud this past year. The average loss suffered by a small business was about $6,200. And as anyone who has been the victim of fraud knows, more is lost than just money: time, productivity, stress, and an overall drop in employee moral have been reported.
One of the best ways to fight scammers is to keep yourself and your employees informed of potential scams that are circulating.
Here are 5 common scams and how to identify them (so you can protect yourself)!
When it comes to managing your business finances there are daily decisions that you need to make. Whether it’s paying employees, purchasing equipment, or processing payments, you will regularly check your cash flow. How much comes in and how much goes out.
Let’s talk a little bit about what goes out. Sometimes you need to spend some to earn some.
While keeping expenditures low is a good general strategy, there is definitely the chance of being too restrictive when it comes to spending. Your business feeds on cash. You need it to function, grow, and earn new contracts.
There are good expenditures. They are the ones that bring you a positive return on investment.
Here’s how to turn your 3 biggest expenses into good investments:
Getting the right commercial trucks or heavy equipment is paramount for your business to function and grow.
An excellent equipment financing program can get you exactly what you need without having to break your bank account. One of the things you must consider when looking for equipment leasing is your business credit. Is it impressive or tattered?
Here are 5 tips to help you build your business credit:
You’ve spent hours finding the perfect equipment for your business. You’re finally ready to buy it, but how will you finance the equipment? Now the important question to answer is “should I lease or buy?”
Getting the right heavy equipment or commercial trucks is essential for your business. A Canadian equipment lease can help you acquire what you need quickly without breaking your bank account. Before you get started by signing on the dotted line, have you considered how the lease will end? There are many end of lease options, and which one you want depends a lot on your unique business circumstances and plans.
We have been asking our customers to submit stories on how they came to be business owners and the trials they have faced. In this blog series, we are sharing these stories so that others looking to jump into the world of small business have some information before making the leap. Each of the customers taking part in this series is happy to impart the wisdom they have gained in hopes that other new business owners will be able to use it to their benefit.
This story comes from Chris, who decided to start a construction business and was helped greatly by the power of equipment leasing.
