Posts Tagged ‘Benefits’

Benefits of Technology Financing

Tuesday, November 3rd, 2009


Whether you’re a CIO considering a switch from Sun to IBM or a manager debating about upgrading your entire Server platform, one thing remains the same: you’ve probably got one eye on your efficiency gain and the other eye on your budget.Fortunately, there are several financing options available to help you break down large technology acquisitions into more affordable monthly payments.The Equipment Leasing and Finance Association (ELFA) estimates that eight out of ten U.S. companies lease at least some equipment, but what many people don’t realize is that there are flexible financing options available for almostany kind of technology equipment, including software, services and training.Equipment financing is a popular way to maximize your purchasing power largely because it is acost-effective way to obtain the newest equipment without a large outlay of cash.Financing also helps shield you from the effect of equipment obsolescence, a real issue for all those using any type of technology asset. It’s easy to add the latest software version to your master lease so you don’t have to worry about working with outdated technology.The Benefits Add UpSome of the other recognized benefits of financing technology equipment include: • Reduced Tax Burden – The IRS does not consider certain leases, for example, to be a purchase, but rather a tax-deductible overhead expense. Therefore, you may be able to deduct the lease payments from your corporate income. • 100 percent financing – Some financing options require very little money down – perhaps only the first and last month’s payment are due at the time of the acquisition. • Immediate write-off of the dollars spent – With some financing options, payments can be treated as expenses on a company income statement, so equipment does not have to be depreciated over the useful life of the equipment.• Flexibility – As your business grows and your needs change, flexible financing options provide more opportunities for businesses to add or upgrade equipment during the lease term. • Asset management – Financing provides the use of technology equipment for specific periods of time at fixed payments. With some financing structures, the finance company assumes and manages the obsolescence risk of equipment ownership. At the end of the finance terms, the financing company is responsible for the disposition of the asset.But that’s just the tip of the iceberg when it comes to reasons to finance technology equipment. Some of the other recognized benefits of financing include:• Upgraded technology – Equipment that is frequently updated, such as software, should be financed to limit your risk of being stuck with obsolete equipment. It’s easy to add the latest software version to your master lease, for example, so you don’t have to worry about working with outdated technology.• Speed – Some financing options can allow you to respond quickly to new opportunities with minimal documentation and red tape. Most resellers work with a finance company that can approve applications within twp hours.• Improved cash flow – Many finance structures can result in a lower monthly payment when compared to a standard loan. In addition, some finance companies offer seasonally adjusted payments to match a company’s needs. • Simplicity- Financing process and documentation is straight forward and easy to understand. Finance Services TooTraining, support and other services are vitally important to a successful technology implementation, yet they are some of the most overlooked costs involved with a technology acquisition. Because of this, Somerset Capital Group, Ltd. offers a finance program to help companies cover the cost of training and services, specifically.Often, everything involved in a technology purchase, from the software to the services and training can be bundled into one predictable monthly lease payment, making it easy to budget for all costs associated with a technology acquisition. With Financing, One Size Does Not Fit All Another important benefit of financing is that there are a variety of flexible financing products available to help meet your unique business needs. Many finance options can be tailored to fit month-to-month or year-to-year cash flow needs. Custom arrangements can be designed to address requirements such as cash flow, budget, transaction structure, cyclical fluctuations, and more. Some finance options even allow the customer to miss one or more payments without penalty.If you’re concerned about purchasing technology that could become obsolete or outdated, or if you’d like to give yourself the flexibility to respond quickly and easily to new opportunities that call for additional software, chances are there’s a financing option for you. Even if your company has cash on hand for a large technology acquisition, there may be a finance option available that would allow you to make better use of your working capital.Like any business decision, it is important to do your research before deciding which kind of finance option makes the most sense for you.Get Financing TodayBecause financing is such an important part of helping you get the software you need to excel at your job, USXL makes a variety of flexible financing options available. The application process is fast and simple; you could qualify for financing before the end of the day.

The Astounding Fifteen – 15 Benefits of Starting Your Own Internet Marketing Business

Saturday, September 19th, 2009

Internet Marketing is very trendy because it’s an easy way to make money online from home. Whether you want to replace your job’s salary or just want to earn some extra cash, internet marketing is the best way of potentially doing what you enjoy.

With an internet marketing business, you can earn some money and get some checks rolling in. But the checks you get in the post are just the icing on the cake!

The benefits of starting your own internet marketing business are simply staggering. Presented in this article are all the key benefits you get by starting your own internet marketing business.

After reading them, I am sure you will ask yourself “Why am I not into internet marketing?!”

1. You are THE BOSS! Yes, this is the most fantastic benefit of having your own internet marketing business. You call the shots! No pressures of a demanding boss or work mates. You escape the rat race, no sitting in the car in the traffic! You set your own hours and targets. You work in your own home, in your own hours.
2. The money is YOURS! If you work hard, the benefits are all yours – isn’t that great? What you earn is not fixed or decided by someone else who thinks they know what you are ?worth’.
3. Better work-life balance. Do you know how enslaving it is to be stuck with your 9-5 job that does not pay you anywhere near what you actually need to make ends meet. With internet marketing, you get a better work-life balance since you can work from home and set your own goals. You just have to set down your goals of how much you want to earn with your online business and go for it! You can work from home and spend more time with your beloved ones.
4. You can start building your internet marketing business while working part time, until you are ready to get into it full time. You can still keep your job that pays the bills while you are building your internet marketing “empire”. No pressure – you set your targets and you go from there! With an internet marketing business, you can work on it around your current job or commitments. It’s unlike other types of businesses where if you start, you have to be involved ?hands-on’ full time straight away.
5. Small initial capital outlay. Most businesses require you to have a huge amount of savings to get started. With internet marketing, you can start on any shoe string budget and gradually build your business. You can start an internet marketing business by joining an affiliate program for free and market it using the free or cheap advertising methods and start getting some checks coming in.
6. Low operating costs. With other businesses, you will be looking at high monthly bills to cover personnel, rent etc. With internet marketing type of a business, you have no huge operating costs. Your main costs will be advertising, hosting fees and merchant accounts, among others.
7. High Profit margins. Low running costs means you can quickly break even and start making profits. Most importantly, as you build your business, your profits will be just so huge. Your costs for any single sale will be very low.
8. You can AUTOMATE your business! This is one of the very attractive aspects of running an internet marketing business. You have heard it before – you can make money while you are asleep or on holiday. You can not do this with other types of businesses. In internet marketing, you can use various tools to automate your business – auto responder email system, payments and credit card processing systems. You just need to set these things up and you are ready to go. Nothing beats having financial security on autopilot. Your website will do the work for your 24 hours every day of the year. This leaves you more time to do other things like marketing or expanding your internet marketing business.
9. Unlimited Market Potential. Your internet marketing business can be as far reaching as you want it to be. Other business will tend to be ?local’, but with internet marketing, your market could be world wide. This increases the potential market size you can capture. Access to and use of the internet will continue to grow in the future, so your market will also potentially grow.
10. You do not need your own product. There are various internet marketing business models. You can start making money online without a product, for example, with affiliate marketing. You can market other people’s products and earn huge commissions.
11. You don’t have to reinvent the wheel. Internet marketing is one type of a business where you can simple model yourself on a proven business that works, hence shortening your learning curve. With other types of businesses, you will have to learn as you go, doing ?trial and error’, which is costly and frustrating. You do not have to waste time and time figuring it out. There are established experts who have made it in the internet marketing business – just get the blue prints and duplicate it!
12. Free Resources. With other businesses – whatever resource you need, you have to pay for it. In internet marketing, you can get ezines or forums with invaluable tips. If you have pay for something, it’s not normally hugely expensive.
13. You are part of a community of amazing people. Internet marketers tend to be very supportive and helpful lot. You can join some good forums where you get amazing support.
14. Tax breaks. When you run an internet marketing business, you can write off many costs. You just need to consult with your accountant and establish the tax breaks you can get. Key costs for which you can get tax breaks are office supplies, advertising, telephone and fax lines, training etc.
15. Help you be the best you can be! This the ultimate benefit. You get pride from running your own business. You get to achieve your maximum potential. You can financially secure, and can retire early.

With all these benefits available for you if you start an internet marketing business, what are you waiting for? Get started!

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