Business Remodeling: Is it Time and How Should You Pay?

Maintaining a modern, attractive business is important. Your customers want to visit an establishment that makes them feel comfortable and welcome. Sometimes these updates aren’t at the top of your “to-do” list, but they may be key to keeping your business strong.

Why are we talking about this now? There are many reasons:

  • Software and computers are constantly being updated. Staying on top of your business information is integral to maintaining a strong bottom line. Invest in new computers and software as needed to stay up-to-date with what’s happening in your industry.
  • If your business is in a growth mode, you may be looking to add items to your waiting room or customer area – tables, chairs, cabinets – everything that’s needed to maintain a clean, inviting atmosphere.
  • Maybe it’s time to refresh how you serve your customers. Do you need additional terminals? More modern lighting? A flat-screen TV? Adding convenience and comfort to your business area will attract new clients and encourage current customers to return.

“But now isn’t the right time!” you exclaim. Maybe you just made some equipment purchases a few months ago. Consider that 2015 will be a new tax year, with a fresh set of potential business expense write-offs. Check with your accountant to understand how making purchases now could give you an advantage on your income taxes this year.

Even if you don’t have cash on hand for purchases, there are many options for you to consider.  The equipment vendor you’re purchasing from may have financing options they recommend. Also, you may have a line of credit available through your own financial institution. Of course, if you’d rather keep your business purchases out of your personal or business credit lines, Professional Solutions Financial Services offers extremely competitive financing solutions designed to help businesses like yours.

So how do you choose the financing option that suits you best?

Comparing terms is the best way, but sometimes the offers are confusing. That’s why we developed the Lease/Loan Comparison Hotline. If you provide us with a copy of the written quote or contract you’re considering, we’ll compare it to our Finance Agreement and point out differences, including those little clauses that may prove hazardous to your financial health. While we can’t provide legal advice, we’ve helped many business owners identify potential pitfalls that could have cost them more than they expected.

You can start the comparison today by calling 800-970-5060, ext. 5802. Or, if you’re ready to move forward with financing from a source you can trust, we can help you on that, too. 

You’ll have your new business furnishings, equipment and more before you know it.

Posted by:
Tony Dickinson

Published in:
Equipment Loans

Dated posted:
Oct . 30, 2014

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Information provided in the Posts & Articles section of the Professional Solutions Financial Services website is designed to educate healthcare professionals and other small business owners and provide tips related to money, credit and financing. Contributors are sharing their expertise and experiences. This does not constitute advice or endorsements by Professional Solutions.

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