Reasons Businesses Lease & Finance Equipment
The vast majority (78%) of U.S. businesses lease or finance their equipment, and the Equipment Leasing and Finance Association has released a new infographic highlighting why this method of equipment acquisition is so popular. The “8 Reasons to Finance Equipment for Your Business” infographic provides a reader-friendly, visually inviting explanation of some of the key benefits businesses enjoy when they lease or finance the equipment they need to operate and grow.
Equipment Leasing vs Equipment Financing
When your business needs equipment but you don’t have the cash to buy it outright, you have two options: leasing or financing. Either option provides a means to get what you need–whether it be computers, machinery, or vehicles–but which one is better for your business?
Management Traits of an Operations Manager
Overseeing the operations of any business is a career in which the right business-minded individual can truly succeed. An operations manager is tasked with ensuring that operations are both efficient and effective. However, this requires not only understanding a business’s overall goals and objectives, but using that information to run the business successfully.
Best Practices for Building Business Operations
Running and scaling a business will always be challenging. But having a solid foundation of smoothly operating practices underlying your company can make it much easier.
How to Manage Cash Flow
There’s an old adage about business that “cash is king” and, if that’s so, then cash flow is the blood that keeps the heart of the kingdom pumping. Cash flow is one of the most critical components of success for a small or mid-sized business. Without cash, profits are meaningless.
The Perks of a Business Line of Credit
It’s alarming that, according to a U.S. Bank study, 82 percent of small business failures are due to poor handling of cash flow. Clearly, most businesses need a better understanding of where capital can be obtained quickly and inexpensively.
5 Ways Small Businesses Can Grow
In the world of business it is all about growth. Coach Lou Hotlz famously said, “in this world you’re either growing or you’re dying, so get in motion and grow.” As a result, here are five sure-fire ways to grow your business in 2017.
5 Most Important Negotiation Skills
Think of all the times in your business week you negotiate: with new hires and existing employees; with sales prospects and long-term clients; with vendors and suppliers. If you’re a business owner or leader, you need to know how to negotiate. This is non-negotiable.
World’s Coolest Home Offices
The 2014 World’s Coolest Offices feature may have you pining for an out-of-this-world headquarters. But why should the pursuit of “cool” be limited to outside your home? It’s entirely possible–and actually easy–to incorporate some breathtaking design details into your own home office. Featuring creative space savers, cutting-edge lighting, hidden nooks and hammocks, here are some sources of inspiration to get you started.