Leasing vs purchasing baking equipment?

post Category: Equipment Leasing — admin @ 1:47 am — post
postApril 2, 2010

I’m starting a small bakery and I’m wondering if leasing or purchasing would be my best option. I’d like to lease in case the business goes belly up I think.

Anyone have any good links (they’ve personally had experience with) for leasing bakery equipment such as a convection oven, display case, refrigerator and a mixer?

Even if you do lease, you are going to be required to personally guarantee the lease in case the business does go belly up. Being a start up company, the personal guaranty will be a requirement.

But leasing is a good option, it can leave you with more cash for operating expenses, inventory and payroll.

powered by Yahoo Answers

« Previous Post
How to get a business license, I live in an apartment? »

1 person has left a comment

#1

Even if you do lease, you are going to be required to personally guarantee the lease in case the business does go belly up. Being a start up company, the personal guaranty will be a requirement.

But leasing is a good option, it can leave you with more cash for operating expenses, inventory and payroll.
References :

Joe M wrote on April 2, 2010 - 7:16 am
You can leave a response, or trackback from your own site.

Write Your Comment

Comment Guidelines: Basic XHTML is allowed (a href, strong, em, code). All line breaks and paragraphs will be generated automatically.

You should have a name, right? 
Your email address, I promised I won't tell it to anyone. 
If you have a web site or blog, you can type the URL right here. 
This is where you type your comments. 
Remember my information for the next time I visit.