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Equipment Business Small Older Things Exchanging Goods Services

Id ESLPod_0920_CN
Episode Id ESLPod 920
Episode Title Leasing Business Equipment
Title Getting Business Equipment for Less
Text

Many small businesses "struggle with" (have problems with) "cash flow" (the availability of money to cover expenses), so it can be difficult for them to make large investments in expensive business equipment. However, there are many ways they can "obtain" (get) the business equipment they need without "going broke" (becoming bankrupt; spending all their money).

Businesses can purchase "older models" (earlier versions) of the business equipment they need. "Top-of-the-line" (the best available) business equipment is very expensive, but often the older equipment it is replacing is much more "affordable" (not too expensive; able to be paid for) and offers similar "functionality" (performance; the things a piece of equipment can do). These older models might be "second-hand" (used), or possibly just extra "inventory" (items that have not yet been sold).

Small businesses can also consider buying equipment form the government. Government agencies sometimes "seize" (take by force) equipment from "criminals" (people who have broken the law) and sell them through "auctions" (a type of sale where items are sold to the people who are willing to pay the most for them).

Finally, the Small Business Administration recommends that small businesses "barter," exchanging the goods or services they offer for the goods and services they want, without actually exchanging cash.

Of course, these "tips" (ideas; suggestions) are not "limited" (restricted) to small businesses. Individuals and families can use these same ideas to obtain the things they want and need "for less" (without paying the full price of something).

Topics Business

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