Catering equipment leasing experts are great people to help you to increase your profitability by freeing up your cash flow reserves - and rentals are fully tax deductible. But one thing’s for sure - we all have to carry on eating. There’s a limit to just how many charity shops can be sustainable in their place. Well known shops are falling by the wayside in their droves. https://www.sunlecn.com/product/led-street-light/led-street-light-slrx.html China LED STREET LIGHT SLRX Manufacturers Big, famous names like Blockbuster, Comet, HMV and Jessops to name but a few, have been suffering from both the consumer downturn and the shift in customer attitudes to using the shop merely as a showroom, in favour of purchasing on line. Meanwhile, that ideal property remains empty, just waiting to be snapped up by an organisation that has money readily to hand. Stories are coming to light that the catering sector is taking advantage of a lot of this newly available retail space.
Picture this scenario. The chances are that you could be up and running with your new catering venture before your competitors have even got through the front door of their local bank for advice, let alone getting their hands on the actual cash that they so desperately need. Morrisons is a good recent example, having acquired 49 Blockbuster stores to eventually become Morrisons Convenience stores. The high street retail scene is in dire straits. They are recognising that empty shop units are occupying prime retail high street locations, so they’re jumping at the opportunity of setting up new start businesses, or expanding their existing successful outlets, often on quite a local scale.
The entrepreneurial sole trader needs fast decisions and speedy access to funds in order to buy his equipment. They are typical of the small business owner who turns to catering finance companies for funding to purchase the high-end equipment that they need to make their venture a going concern. That’s why these days the savvy ones will readily turn to specialist catering equipment finance companies to help them out with high-cost items like frying ranges, fridges and ovens.
The result is that around one in ten shop units around the country are lying empty.
But are they resorting to the traditional source of high street banks for their catering leasing needs? The answer in many cases is no, because so many people are frustrated with the length of time banks take to reach decisions.
Equipment finance leasing companies are reporting something of a boom period for entrepreneurial enterprises such as fish and chip shops. Because the leasing company purchases the kit, often with their own funds, they remain the owners, which means that the client can start using it immediately, while enjoying all the resultant tax benefits.
Picture this scenario. The chances are that you could be up and running with your new catering venture before your competitors have even got through the front door of their local bank for advice, let alone getting their hands on the actual cash that they so desperately need. Morrisons is a good recent example, having acquired 49 Blockbuster stores to eventually become Morrisons Convenience stores. The high street retail scene is in dire straits. They are recognising that empty shop units are occupying prime retail high street locations, so they’re jumping at the opportunity of setting up new start businesses, or expanding their existing successful outlets, often on quite a local scale.
The entrepreneurial sole trader needs fast decisions and speedy access to funds in order to buy his equipment. They are typical of the small business owner who turns to catering finance companies for funding to purchase the high-end equipment that they need to make their venture a going concern. That’s why these days the savvy ones will readily turn to specialist catering equipment finance companies to help them out with high-cost items like frying ranges, fridges and ovens.
The result is that around one in ten shop units around the country are lying empty.
But are they resorting to the traditional source of high street banks for their catering leasing needs? The answer in many cases is no, because so many people are frustrated with the length of time banks take to reach decisions.
Equipment finance leasing companies are reporting something of a boom period for entrepreneurial enterprises such as fish and chip shops. Because the leasing company purchases the kit, often with their own funds, they remain the owners, which means that the client can start using it immediately, while enjoying all the resultant tax benefits.
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