Buy the best equipment first time, save money, spread the cost and enjoy tax benefits by leasing your Takara Belmont equipment.
Capital investment in high value, high cost equipment is a big decision for any hairdressing and barbering businesses. Too often, purchase compromises are made based on perceived affordability, but buying inferior equipment often costs more in the longterm. The cost of repairs or replacement equipment not only means you end up spending more over time, your business can also suffer from lost revenues due to service disruption, downtime and equipment failure. Lease Takara Belmont equipment and you're investing in the world's finest equipment first time, as well as benefiting from tax efficiencies and uninterrupted performance.
Leasing is an affordable way to retain cash flow within your business. It provides an alternative way of funding capital investment purchases so you don't have to't afford to buy outright; it offers a sensible way to make the capital investments your business needs.
How leasing works
Takara Belmont has a preferred leasing organisation called Kennet Leasing, which all our dealers use. When you visit your local Takara Belmont dealer they will be able to guide you through the leasing process and make the necessary arrangements for you.
What happens at the end of the lease
When the agreement term ends you can own the leased equipment for just one additional monthly payment. However, at this point, you may decide to renew or upgrade your equipment. This is a simple process. Just choose new Takara Belmont equipment, start a fresh leasing arrangement and your new equipment will be delivered by your dealer to replace the existing equipment, which they will take away for you.
Of course you can pay outright for your equipment and it is subject to the same warranties. However, leasing gives you financial certainty and it enables you to retain capital reserves in your business for other important things, such as staff training, marketing, a new website or expansion, as well as allowing for unforeseen eventualities. Importantly, when salons are budgeting for furniture, the temptation is to assume you need to make a capital outlay in one go and as a result, you may end up purchasing cheaper, less reliable and inferior equipment. Why compromise?
As a general rule, it is said that businesses should buy assets that appreciate in value and lease assets that depreciate. The reality is that equipment depreciates in value over time so it's better to lease and then renew your equipment at the end of the agreement.In addition to giving you access to the world's best equipment at a manageable cost, leasing is tax efficient too. Lease payments are regarded as a tangible business expense and therefore it attracts tax relief for the duration of the lease agreement. You can confirm how this benefits you with your accountant and discuss with Kennet Leasing.
SHOULD I LEASE OR USE MY BANK
Using your bank for every business transaction is generally not regarded as good practise. Locating all your loan and overdraft facilities in one place and maximising them may leave you vulnerable when you need financial intervention or support for investment or unforeseen expenditures. As business account costs vary, interest rates rise and changes in your banking T&Cs may result in payment fluctuations or reductions in your overdraft facilities, we advise leasing as the payments are fixed for the duration of the lease agreement.
LEASE, DON'T COMPROMISE
Leasing gives you access to the world's leading equipment whilst managing your investment over a period of time with no initial capital outlay or deposits. Redefine quality in your salon or barbershop and start reaping the benefits even before your leasing payments start!
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