Financing
The Benefits of Leasing
VS
Buying Equipment
by RJ Grimshaw
L
easing or buying new equipment is a difficult decision for many businesses. It can be challenging to know which is the best option for your company. Luckily, there are many benefits of leasing equipment rather than buying it that make leasing a strong business solution. For example, with leas-
18 Pillars of Franchising
ing, businesses can start small and gradually grow into more expensive purchases. You can also lease more than one item at once, so you don’t have to worry about investing in more than you need today. Let’s explore some other benefits of leasing over buying so you can make an informed decision!
