How to Finance Mining Equipment: A Step-by-Step Guide
According to a trend report by IBIS World, the U.S. mining sector’s market size — based on revenue — is at $473.2 billion as of 2021 (from $421.3 billion in 2020). It is expected to grow further by 12.3% in the same year. This optimistic forecast presents plenty of opportunities for those who are looking […]
Section 179: 7 Things to Know About Section 179 Tax Deduction
What is one thing small business owners should know about the Section 179 tax deduction? To help small business owners stay informed of the Section 179 tax deduction, we asked tax experts and small business leaders this question for their best advice. From making purchases before the end of the year to being aware of […]
Equipment Financing Options for Small Businesses
Your business needs the right equipment to scale, but buying these outright can be expensive. When funds are limited, lenders offer an opportunity to buy what you need to thrive and grow without exhausting your working capital. In this article, we explore the different equipment financing options available to small businesses. Loan or Lease? Before […]
Lab Startup Equipment List and Average Costs
Setting up a private medical laboratory business is an exciting yet nerve-wracking experience, especially given the high cost of equipment and rigorous licensing process. A significant investment is needed for a startup lab, so those considering this type of venture should have a solid business plan in place. Whether you are looking to set up […]
Heavy Equipment Rental Rates: What Costs to Expect
The choice to rent heavy equipment or purchase it outright is a big decision and largely depends on your usage. If you need such machines for long-term and recurring purposes — like when you have a construction company — you’ll get the most value for your investment by buying your machinery. However, if you are […]
Cost To Start a Medical Practice with Equipment
Establishing a medical practice is a dream of many physicians. There is a different level of satisfaction from operating a clinic independently. But, running a business and taking care of people takes two different mindsets. If you’re planning on setting up your own clinic, you have to be ready for the paperwork and costs that […]
8 Things To Consider When Making an Equipment Purchase
What is one thing to consider when making an equipment purchase? To help companies with equipment purchasing, we asked business leaders and equipment financing experts this question for their best advice. From initial investment costs to safety precautions, there are several considerations that may help you when purchasing equipment for your business. Here are eight […]
7 Ways For Small Businesses To Take Advantage of Current Market Opportunities
Small businesses are invaluable—they foster local economies and build community. Nonetheless, they have fierce competition with large competitors. For this reason, small business owners need to have their finger on the pulse of their community and continue to evolve with current market opportunities. Learn how seven business owners and entrepreneurs take advantage of current market […]
What To Know: Putting Used Equipment Up For Sale
What should someone know when looking to put used equipment up for sale? To help you put used equipment up for sale, we asked financing experts and business leaders this question for their thoughts. From giving your used equipment a make over to getting it inspected by a third party, there are several great tips […]