Financial Statements: Business Equipment Financing
Автор: Cash Flow Kung Fu
Загружено: 2013-06-27
Просмотров: 3297
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Part 7 in a series about using financing statements for business management.
In this video, we look at the impact of business equipment financing decisions on your Profit and Loss, Cash Flow and Balance Sheet.
It's not always possible or prudent to tie up the business' cash in equipment. Equipment financing facilities are very effective for financing the investment in plant and equipment, computers, trucks, cars and so on.
There are significant differences between the various types of equipment finance facilities. There are also tax and accounting issues to consider. Different types of equipment finance facilities have different financial implications for your Cash Flow, Profit and Loss, and Balance Sheet. You should always get professional advice about the right type of equipment finance for your business.
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