A Recent Study Shows........................

A recent study revealed in the last week by Wells Fargo Small Business Administration, shows that nearly half of small businesses are completely putting off large purchases for fear of money problems. The effect is felt widespread across the industry, like an earthquake. And SMALL BUSINESSES are getting hurt, they can't stay competitive, and they certainly can't gain an edge in their marketplace.

Sure, Equipment Leasing can help them - it is designed to keep cash-flow liquid. But, there may be other genius solutions sitting under their noses as well.

That's why many recommend a mid-year business check up, so to speak. Call in a professional business analyst, explain your situation, turn over your balance sheets and P&L's - and see what remedies they have in mind. More often than not some small tweaks, can make some big differences to your bottom line.

How to find a trustworthy business professional to make a "house call" at your business? Try looking through a peer-based professional referral site; like www.guru.com ... Guru.com is almost like an "Angie's List" of the business world. Instead of rating contractors and the like, they rate business consultants, accountants, analysts etc. I have found many incredible professionals using this web site, and have used it as a secret weapon in building my team.

Sign of the Times

Are we in a recession?

Who knows.

Every day another study is released with experts saying "Yes, we are." Or "No, we're not."

What I do know, and what I think we ALL know - is that we ARE in the midst of an economic slow down.

Who knows how tight the grip will be on the economy, and who knows how long it will last. For businesses, now is the time to be saving your money and saving your credit, should the lean moments continue.

With the stimulus package having been passed by the government, many of my clients have received checks in the mail... and my simple advice has been: Rather than running out and using that money on a down-payment for a new or used piece of equipment, I have advised them to DEPOSIT the check in an interest bearing account, and lease what they need INSTEAD. With 100% financing offered by leasing, it is a WIN/WIN. They get the equipment they need to stay successful, and they also save money for a rainy day... or a rainy week (depending on which economy expert you are listening to!)

Let's Talk Leasing

I started this company to assist businesses - small, medium, or large. I wanted to help business owners capitalize on the good times, and survive during the lean times. Leasing equipment definitely does that. Here on this blog I invite business owners to talk about their experiences in the entrepreneurial world, not totally limited to their leasing experiences. What has worked for you, what have you found challenging? Feel free to use my resources, and ask me questions. Allow me to simplify the world of equipment leasing, whether you sit at a desk or drive a tractor for a living - the universal responsibilities and needs of a business owner are the same.

A trend I am seeing a lot of right now, clients that typically would be pulling money out of their home by refinancing - but, because the real estate market is in such a precarious position at the time being with loans being so hard to secure, they are turning to equipment leasing - and finding it is answering all of their needs, and still leaving their equity intact.

Credit Tip:

It is important to watch your credit score, I recommend checking your credit report sporadically for inaccuracies. In recent studies, nearly 80% of credit reports have errors, and almost 25% have misinformation severe enough to contribute to an application denial. There are lots of places to obtain a credit report, my personal favorite is www.FreeCreditReport.com, and not just because of their wacky musical commercials.

In The News

Lease With Crystal Joins Lease One & Helps Small Business Land Affordable Equipment Leasing

Lease With Crystal today launched its small business-focused equipment to help entrepreneurs compete with larger, more established businesses.

San Jose, CA (In The News) - Lease With Crystal a company focused on helping small businesses compete with their more established counterparts today opened its doors. Lease With Crystal offers leasing services to small businesses that don't want to or cannot afford to bear the burden and heavy costs associated with owning equipment.

"By leasing equipment, entrepreneurs and small business owners can keep their bank accounts full and still have the cutting-edge equipment they need to be competitive in the marketplace," says Crystal Riley, founder of Lease With Crystal. "It's a service that will help a lot of small businesses grow, even in an economy that might not favor the little guy."

Having partnered with Lease One, a leading financial services company that provides flexible and creative asset-based financing for its clients, Riley will leverage the relationships they've built with equipment companies and provide the same level of Fortune 500 service to small business owners. Lease One has moved billions of dollars of equipment over the last 19 years and has helped larger businesses lease equipment in a variety of industries.

Leasing equipment is quickly becoming the favored choice for many growing and established businesses around the country. Small business owners will find it even more attractive because the lower monthly cost associated with leasing keeps the strain off their bank account. What's more, since the equipment can be refreshed and updated at the end of a lease, the entrepreneur will never be stuck with aging equipment.

Riley notes that with an economic slowdown gripping the nation and a recession just around the corner, small businesses around the country don't necessarily have the cash flow to purchase the equipment they need to build their business. Riley came to this realization after attempting to open a small business of her own and concluding that she'd have to risk her own nest egg on equipment just to get it off the ground.

According to Riley, Lease With Crystal is the ideal solution for startups and other small businesses. By providing small business owners with a friendly, approachable service and the experience and funding ability of powerhouse Lease One, entrepreneurs can instantly gain a competitive edge that might not be available with regular financing. Full details on Lease With Crystal can be found at www.leasewithcrystal.com.

For press and media relations please contact Biz N Need,Inc. - www.bizinneed.com (888) 639.1694