S7E12: Lease or Buy? The Simple Way to Decide
Manage episode 508418561 series 3580498
Disclaimer: This content is for educational purposes only and is not tax or financial advice. Always consult a qualified tax professional for guidance specific to your situation.
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Should you lease or buy equipment for your business? It’s one of the most common—and expensive—decisions entrepreneurs face. From trucks and computers to cameras and tools, the wrong choice can cost you serious cash and tie up your cash flow.
In this episode of Cash Flow with Pam Prior, Pam breaks down three simple questions you can ask yourself to make the right decision every time. Using real-world examples, including a client faced with a fleet purchase decision, Pam explains how to choose between leasing and buying based on usage, tech turnover, and total cost.
You’ll learn:
The three key questions to guide your lease vs. buy decision
How tech turnover impacts whether you should lease
When buying is smarter—and when it could hurt your cash flow
How this decision ties directly to long-term financial health
Whether you’re buying a single piece of equipment or managing a whole fleet, this episode will help you make a clear, confident choice.
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Produced by Francis Plata & Forward Press Media: www.forwardpressmedia.com
116 episodes