Get an Equipment Bank Loan or an Equipment Lease?
Recently, many business owners are re-evaluating equipment bank loans vs equipment leases. With the Fed aggressively hiking interest rates in the last 3 months, ...
Thinking of selling your equipment? How to make sure you get top dollar in today’s market.
Many of our customers are looking to upgrade this year or simply get rid of older equipment while it is still a seller’s market. ...
How the supply chain on equipment can affect your Section 179 tax write off
In many industries the supply chain on equipment is getting worse compared to 2021. We have spoken with many vendors who have stated their ...
Changes in the new and used vehicle market
The new and used vehicle market has changed dramatically in the last few months. If you are not aware the interest rates on vehicles ...
Understanding Your Balance Sheet Part Two – Debt to Equity Ratio
As we continue our series reviewing the balance sheet, the next important ratio to discuss is your company’s debt to equity ratio. This ratio ...
Understanding Your Balance Sheet Part One – Current Ratio
Many small business owners think that their balance sheet is confusing and best left to accountants and bankers to understand. However even having a ...
Don’t Fight the Fed
Many business owners are concerned about inflation, the recent market sell off, and the increasing cost of funds in this rate rising environment. The ...
How to make sure your accountant is working for you
A good accountant is worth the extra expense and here are a few tips to ensure you have the right person in place working ...
Don’t Bank On It
We have recently spoken with numerous customers that are sharing their unique stories on what they are experiencing in the current banking environment. This ...
Building Wealth for Your Business Over Time
One of the best strategies to build equity and wealth for your business is by investing in real estate. This strategy has several short-term ...
3 Ways to Handle Staffing Challenges
In the current environment, staffing is a big concern for business owners. Here are three ways to handle staffing concerns:1. Hire New Employees.Almost every business ...
4 Tips to Protecting Your Financial Health
The last time the Federal Reserve increased rates was in 2018 and many business owners have forgotten the financial impacts an increased rate raising ...
Guide to Buying Used Equipment
Supply chain issues and increased costs for new equipment are major concerns for business owners in 2022. This has led many business owners to ...
Prepare Yourself for Rising Interest Rates
As you may be aware, the Fed is forecasting as many as 3 rate hikes this year, including the one that recently happened. A rising cost of ...
Is a Bank Line of Credit the Right Option for You?
Many small business owners are reviewing bank line of credit options, as managing your line of credit is essential for the long term success of your ...