
One of the biggest expenses that any enterprise faces is the purchase of new technical equipment. Given the cash crunch in most small businesses, outright purchase of new equipment might not be feasible. Added to that is the fact that computers and other technological equipment quickly become obsolete. A growing small business may need to refresh its technology in some areas every eighteen months, but investing in the latest gadgetry may be beyond its means. In such a situation, is leasing the best way out?