All businesses require a type of equipment to perform their operational activities. For example, construction companies need bulldozers and excavators, while creative services companies may need long-arm quilting machines. While some businesses can purchase their equipment in full, others may...
Upgrading or purchasing new equipment is influential in helping your business grow. Businesses can get to the point where they have plateaued and need to invest in their business for it to grow and become more profitable. You may need to purchase new technology, machinery, or vehicles. Taking...
This article was originally posted to the AACFB newsletter by John Chaplin. American Financial Partners is a member of the AACFB. From the title, you might think this article is about networking on the golf course and having a successful business. It’s not. It actually refers to something I...
Our world has changed tremendously in just a few short months. Business owners who have never financed before or have only used their banks will be looking for alternative finance options – one thing everyone has learned – CASH IS KING – conserve it. Equipment vendors...
It’s all about cash flow right now! AFP may be able to help save you money on a business necessity – insurance. AFP has worked with instaCOVER for years as a valued and trusted partner. They have helped many of our customers with their commercial equipment insurance...
In a recent independent survey of 2412 Business Owners (less than $30,000,000 in revenue): Companies that pay cash for equipment keep equipment longer Companies that pay cash for equipment have higher maintenance expenses Companies that pay cash for equipment have more equipment downtime...
The new year is giving scammers an easy way to forge documents. You can protect yourself with an easy New Year’s resolution: Stop abbreviating the year. This post was originally posted by USA today. find it here Because this year starts and ends with the same two digits, documents dated...
By allowing businesses to deduct the full amount of the purchase price of equipment (up to certain limits), Section 179 is a fantastic incentive for businesses to purchase, finance or lease equipment this year. If your business plans to take advantage of the Section 179 tax deductions for 2019...
A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card. Your personal credit score is built on your credit history. For a score with a range between 300-850, a credit score […]