Reinvesting in the Business
» Reinvesting in the Business, Volume 3, Issue 3, 2003
If respondent's business has business equipment AND prefers to lease the equipment.
3a. What is the ONE most important advantage of leasing over purchasing? Is it that leasing:?
Response | ||||
---|---|---|---|---|
1 | Lets you try new things without a long-term commitment | 6 | ||
2 | Improves your cash flow | 38 | ||
3 | Lets you always have the most up-to-date things | 21 | ||
4 | Offers tax advantages | 25 | ||
5 | Results in better service from the seller | 4 | ||
6 | Other | 5 | ||
7 | DK/Refuse | 1 | ||
Total (%) | 100 | |||
N | 107 |
Notes: Thirty-eight (38) percent of the small employers who have business equipment and prefer to lease business equipment rather than purchase it give cash flow as the most important advantage for doing so (Q#3a).