You’ve probably heard the saying “Cash is king.” As a small business owner access to capital may be your largest obstacle to growth. Companies need cash to pay for everyday expenses, like inventory and payroll, and also to invest in equipment to support and grow their operations and profitability. Without sufficient cash, businesses may be forced to shut their doors for good.
This doesn’t have to happen to you. By leasing equipment through YES Leasing, you will get the equipment you need today without having to spend the money upfront. Maintain a healthy bottom line and preserve your cash for other, more urgent business needs.
The Importance of Positive Cash Flow
Cash flow is the amount of money being transferred into and out of a business as measured in a specified period of time. To calculate a monthly cash flow, subtract your monthly ending balance from your starting balance. As a simple example, let’s suppose you have $15,000 available in cash on February 1st and $20,000 on March 1st. This equates to a positive cash flow of $5,000 for the month.
Having a positive cash flow is very important to growing your business. Not only could it reduce your stress as a small business owner, but building your bank account balance will enable you to better invest in your business, pay yourself handsomely and weather more difficult times. Not to mention, your bank will be more prepared to give you a loan at a favorable rate!
YES Leasing Can Help!
Additional equipment can help you earn more profits. By meeting increasing demand, or making your operations more efficient, investing in equipment is key to building a successful business.
Buying equipment outright could be stressful and a financial burden to small business owners. Purchasing equipment means less money in the bank, and a smaller bank balance may put your company at risk of closing its doors for good.
That’s where we come in.
Leasing is a powerful tool for cash flow management. By leasing with YES, you can:
- Get the equipment you need fast
- Keep your cash to run your business
- Own the equipment at the end of the lease
- Preserve your credit for expansion or unexpected needs
- Benefit from tax advantages of fully deductible lease payments
Most importantly, you will get the equipment you need fast. So, start earning additional profits and apply for a lease today!
