Friday, January 4, 2008

Help For Growing Your Small Internet Business

Making money online for me is a business. Yeah there is some fun involved, but bottom line this is about turning a profit. When I am laying out money for a PPC ad campaign the bill comes due at the end of the month, the profit lags by 20-30 days or more. This is a cash flow issue. Now say my laptop takes a crap and I need to purchase a new computer or need to upgrade software, or any other small business related expense. The lag between "outgo" and income combined with a necessary expense can create a cash flow problem.

One way to help in this area is business equipment leasing and software leasing. For any small business cash flow is of major importance. A lot of people finance small businesses with their own finite funds or a small loan from a bank or economic development entity in their local area. When that money begins to run out and cash flow becomes choked growth stops and many businesses don't survive. Even for a big company with large cash reserves, lease financing equipment acquisitions makes business sense by matching cost to benefit. Many factories lease forklifts for example.

Whether you are looking to lease finance a custom ecommerce solution, office equipment and furniture, to forklifts, leasing enables small established companies to become larger ones quickly. I went the lease route for some equipment years ago and let me tell you dealing with the bank during the process was not fun. There are miles of red tape to go through when applying for a lease or loan with a major bank. Dealing with a company that specializes in these types of loans instead of a local or national bank makes more sense. So if you are looking to expand your small business or just need to purchase additional software, hardware, or other equipment keep lease financing in mind. Instead of tying up your precious working capital or bank lines of credit, a smart small business owner will let the equipment benefits pay for the equipment all while their cash reserves and borrowing power work to fund their future success. Here is to your small business success.

later all and have a profitable and productive blogging day

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