WHY LEASING IS GOOD FOR BUSINESS
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.
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.
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.
IS LEASING PREFERABLE TO PAYING OUTRIGHT
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?
Monthly payments allowed me to achieve the salon i have always dreamed of
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.
