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I’ve worked in businesses of all sizes. One of the big hurdles in the smaller businesses was access to the capital we needed to grow the business. To keep our cash flows strong, we utilized equipment financing and leasing when we made capital purchases. This allowed us to buy the ERP system and manufacturing equipment necessary to manage the company as we grew it from a small equipment manufacturer to a diversified technical services company. Leasing and financing kept us from having to make 5-, 6-, and 7-figure investments that would have been impossible otherwise.
A good tip to keep in mind as we all grow our online and offline businesses.
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Leasing can be very advantageous when your running a business for tax purposes. You can write off more.