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Audio Recording for Profit by David Goggin, Chris Stone

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25

Equipment Leasing Is It for You?

In this “never enough time or money” world we live in, there is always a wish list of equipment that we “must have” and that we can't afford. There are common-sense formulas that I have found helpful to determine if you really need the gear. First of all, ask yourself if it can pay for itself by increased revenue or by winning a new client. Next, how you are going to pay for it? A very important consideration is exploring the option of equipment leasing as an alternative to direct purchase.

There are a great many arguments for and against leasing, as opposed to buying. We will try to review the sensible choices here, in general terms, to help you decide what is best for your financial situation, given the net ...

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