Today's business savvy eyecare professionals know that cutting-edge equipment like a Briot edger can make a practice more competitive and profitable. Many choose to lease the equipment to minimize capital outlays and enjoy significant tax advantages while growing their practice profits today.
- Leasing avoids a steep upfront cash investment and preserves your working capital for other business building opportunities like advertising and promotion.
- Leasing doesn't weaken the asset-to-liability profile on your balance sheet.
- Unlike loans, leasing doesn't affect your bank loans or credit lines.
- Leasing an edger is a pre-tax professional business expense. A "true" lease allows you to write off all lease payments and sales tax for the duration of the lease. Your accountant can provide the best advice for your situation.
You can lease a Briot edger for as low as $450 a month. Your savings on lab fees alone can cover the monthly lease cost. You'll start building your sales with faster customer service. Your Briot edger can literally pay for itself, often in a year, with the increased profits.
- Example: If you edge 10 jobs a day, or 230 a month, your annual profits after lease costs could increase as much as $28,080 a year by edging in-house on a Briot edger.
- Click here to see the sample profit analysis showing lab fees saved and profit potential after lease costs are paid.
Briot Can Help You Arrange A Lease Through Flagship Bank Equipment Finance
Our leasing partner, Flagship Bank Equipment Finance, is highly reputable and well qualified to handle the leasing needs of the optical community. The company offers a wide array of leasing products and provides fast turnaround on all lease applications.
For more details and application information, check with your Briot sales consultant or call our Inside Sales Representative at 800-292-7468 Ext. 2.
Section 179 - U.S. Tax Code
Your business may qualify for significant tax advantages that offset the purchase of capital equipment. Under Section 179, the amount a business can deduct for capital equipment purchases was increased to $100,000 annually. However, the increased tax incentives have a limited time expiration. To determine if you qualify, check with your Briot sales consultant and your tax advisor who is the best source of information on this subject.
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