By Twoepic on
Dec. 07, 2008
I'm starting a shop, was wondering if anyone knew the best route to take in regards to owning your equipment or leasing it.
Thanks:cool:
I'm starting a shop, was wondering if anyone knew the best route to take in regards to owning your equipment or leasing it.
Thanks:cool:
Re: Lease or Buy Equipment?
6 of one/half dozen of another. If your intent is to keep the equipment long term, then buying probably makes sense. If you want to hold and upgrade within a short window, leasing might make sense.
There are tax's to look into also. Full lease doesnt qualify for property taxes but purchase/lease purchse do. well, in my state anyway.
talk with a local cpa or tax advisor before making any final decisions.
just my .02. :-)
Have a great day! :)
Nathan Harrison
Skyline Prints Embroidery and Screen Printing
4982 Bill Gardner Pkwy
Locust Grove, GA 30248
(770) 914-1558
www.SkyLinePrints.com
Follow us on Twitter or FACEBOOK
Design your own shirt on our website.