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check IRS publication 946 (link added below)

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17y ago

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What is equipment finance?

Equipment financing is an example of a small business loan specifically designed to purchase the equipment and equipment needed to run your business. There is the option to make this type of loan to purchase all kinds of office furnishings, medical equipment, commercial ovens, or farm equipment.


What is the formula for cost benefit analysis?

Cost-benefit Analysis is simply calculating the cost of something versus the benefit to see if the purchase or project is worthwhile. It is an example of unadulterated Economics. For example, let's say you want to purchase a new piece of equipment for your business. You would calculate the initial cost of the purchase and then calculate how long it would take before the equipment paid for itself and you began making money off the purchase. Which is greater, the cost or the benefit, which determines whether or not the initial purchase is worthwhile. Which is greater, your assets or the deficits of what you or your business is contemplating. Which is greater, the benefit or the cost?


What is the formula for benefits?

Cost-benefit Analysis is simply calculating the cost of something versus the benefit to see if the purchase or project is worthwhile. It is an example of unadulterated economics. For example, let's say you want to purchase a new piece of equipment for your business. You would calculate the initial cost of the purchase and then calculate how long it would take before the equipment paid for itself and you began making money off the purchase. Which is greater, the cost or the benefit, which determines whether or not the initial purchase is worthwhile. Which is greater, your assets or the deficits of what you or your business is contemplating. Which is greater, the benefit or the cost?


Can you write off the purchase of used equipment on your taxes?

Yes, you can typically write off the purchase of used equipment on your taxes as a business expense, which can help reduce your taxable income.


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Is Business Financial Associates of Texas real?

They are real. They are located west of Houston. Our business used them to do a lease purchase on some equipment.


What are the terms depreciable value salvage value and estimated life mean?

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One place where you can purchase used meat processing equipment is Wright Packaging Sales Company based out of Cleveland, Ohio. They have been in business for over thirty-five years.


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That is the beauty of business loans. The money from business loan can be used to pay down debt, purchase new equipment for business or inventory, advertising and marketing functions, or anything that you deem fit.


What are the steps of cost-benefit analysis?

Cost-benefit Analysis is simply calculating the cost of something versus the benefit to see if the purchase or project is worthwhile. It is an example of unadulterated economics. For example, let's say you want to purchase a new piece of equipment for your business. You would calculate the initial cost of the purchase and then calculate how long it would take before the equipment paid for itself and you began making money off the purchase. Which is greater, the cost or the benefit, which determines whether or not the initial purchase is worthwhile. Which is greater, your assets or the deficits of what you or your business is contemplating. Which is greater, the benefit or the cost?