Let's talk Finance.

Lets’ talk Finance! For a lot if not most businesses cash is king!

How important is it to your business? We’re going to take a guess and say that having cash in your business is essential. Without a healthy cash flow, businesses can struggle to work productively, struggle to provide the service they want to and sometimes even eventually close down completely. Why then, do so many businesses insist on using their precious cash to buy new assets or fund growth when they don’t necessarily need to?

You may or may not know that we partner with Bluestone Leasing and in this blog we take a look at the benefits of leasing and the potential savings your business could make with smarter financial choices.

So what are the benefits of leasing??

· Well firstly it enables you to budget smarter, don’t spend your valuable cash into depreciating assets, deploy it elsewhere for better returns.

· Budget holders get to make investment decisions based upon their needs and are not compromised by limitations on available capital budgets.

· You can make the capital you do have work better; rather than paying for everything up front you are able to spread both costs and risk with low cost fixed payments that don’t change regardless of any fluctuation in interest rates.

· You can manage obsolescence and refresh assets strategically rather than face unbudgeted write offs.

· Leasing also gives most businesses significant tax benefits as lease payments are 100% tax deductible and VAT is also paid in instalments rather than a lump sum up front.

In reality there are lots of situations where leasing is smarter and a better financial decision than buying with cash. Giving our customers the option to lease rather than paying up front can be the difference to making your business more successful. You could spend that extra money on investing in marketing, offering a new product or service, purchasing more stock.

Bluestone are one of the leading finance specialists and we are proud to work alongside them helping our customers achieve their business goals quicker.

If you would like to talk to us in more depth about how leasing could work for your business then give us a call. We have a dedicated team ready and waiting to assist you in making the best choices for your business and it may just be the best way to fund your next project.

Steph BaxterApril 29, 20221 Comment