The Bottom-Line Choice: Lease vs. Buy – A Business Owner's Guide
Journal Title: International Journal of Current Science Research and Review - Year 2024, Vol 7, Issue 01
Abstract
This comprehensive guide navigates businesses through the intricate decision-making process of leasing versus buying, addressing the pivotal capital conundrum they face. The framework begins with a meticulous financial fitness check, evaluating cash flow, budget constraints, and long-term projections. Exploring various types of leases provides a nuanced understanding of leasing advantages, from flexibility to off-balance sheet financing. Conversely, ownership’s power is analysed, emphasizing control, stability, and long-term value creation. The guide integrates risk mitigation strategies for both options, emphasizing the importance of negotiating favourable terms and conducting due diligence. As businesses stand at the crossroads, this guide serves as a strategic compass, empowering informed decisions aligned with financial goals, operational needs, and sustained success in the dynamic business landscape.
Authors and Affiliations
Tumukunde Alex, Alfred Bayo, Edith Sherura, Businge Lumu, Lilian Ikwe, Claude Timothy Ogwal,
Keywords
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- EP ID EP727183
- DOI 10.47191/ijcsrr/V7-i1-26
- Views 51
- Downloads 0
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