Plan for Today and Tomorrow
Guy cites operating leases as a current trend in the industry. He says that this method is becoming more common because operating leases do not show up on balance sheets. In these cases, the financial institute owns whatever is being leased.
Plan for the long-term, but not eternity
John Torchia, director, commercial administration, Bobst Group North America, says that any decision to purchase additional capital equipment, “should entail an analysis of the additional revenue such assets will bring in and/or expenses to be reduced. The residual value of the assets being considered should also play a large part in the decision.” For example, he says Bobst equipment typically maintains its value after many years and has a useful life that goes well beyond the typical financing terms.
- Companies:
- Gallus Inc.
- Styers Equipment