Equipment Leasing: Part 1 Ownership And Keeping Current With Technology

Equipment Leasing: Part 1 Ownership and Keeping Current with Technology

by

Walker Wild

Leasing provides an alternative to equipment purchase. Almost any type of equipment can be leased; electronic equipment like computers, fax and photocopy machines, manufacturing machinery, vehicles, healthcare equipment and heavy equipment including bulldozers, excavators and paving machines.

According to an article in the Business Owner’s Toolkit the following are some of the advantages of equipment leasing. Reduced initial cash outlay. The main advantage of leasing is that you can generally gain the use of an asset with less of an initial cash expenditure than would be required if you purchased it. Equipment leases rarely require down payments. Easier credit terms. You’ll likely have an easier time finding someone willing to lease you equipment than finding someone willing to extend you credit to purchase the equipment. One reason is that with a lease, title to the property remains with the lessor so if you miss some payments, the lessor can quickly get the equipment back. Furthermore, under a lease you may be able to negotiate a longer payment period (resulting in reduced payment amounts) and/or a more flexible payment schedule (resulting in a better matching of your payment obligations with your cash flow) than you would be able to negotiate under a loan. Avoidance of financial restrictions. An equipment lease rarely includes any provisions that restrict your future financial operations. In contrast, it is not uncommon for a loan agreement to include restrictions on your ability to acquire additional equipment or to borrow additional funds without the lender’s permission. Flexibility in addressing obsolescence. Leasing may enable you to better keep pace with improving technology. For computers, communications devices, and other equipment that is subject to rapid technological improvement, you’ll have an easier time convincing yourself to invest in updated equipment if you acquired your existing equipment under a short-term lease or a lease that includes an equipment substitution provision. Flexibility in addressing need and suitability. If you’re not sure whether you really need a particular item of equipment, leasing an item on a short-term basis will provide you the opportunity to evaluate the item’s utility to your business without committing to a substantial investment. You can also use short-term leases as a way to test and compare different brands and models. Maintenance support. Under some leases the lessor may agree to be responsible for maintaining and repairing the leased equipment. Although the cost of this service will usually be factored into your rental payments, you’ll at least avoid the problems of having to find qualified repair persons and of being burdened with unplanned repair costs. Furthermore, a responsive lessor who is familiar with the equipment being leased can significantly reduce your equipment’s downtime when repairs are necessary. Current deductibility of rent. Assuming that the IRS doesn’t recharacterize your lease as a purchase for tax purposes, leasing provides a potential tax advantage in that your lease or rental payments are fully deductible if you use the leased asset in your business. In considering whether leasing will provide an actual tax advantage, however, you need to weigh the corresponding disadvantage of being denied any depreciation deductions with respect to the leased property. Some additional considerations for leasing equipment include: Sales/Use Tax Deferral. The purchase of equipment may require the payment of sales tax at the time of purchase. In most cases with equipment leasing sales/use tax is paid over time as the equipment is used resulting in a potentially significant cash savings the first year of the lease. Preserving Lines of Credit. A lease preserves bank lines of credit for use as working capital, meeting fluctuating sales or seasonal sales cycles or emergencies. Inflation Hedge: Cash outlays are deferred with equipment leasing as compared to a purchase. Inflation lessens the cost of future lease payments because the payments are made with cheaper dollars which reduces the cost of financing in real dollars. Equipment Disposal: At the end of a lease, equipment can be returned to the leasing company and the cost of disposal or recycling is avoided. Leasing is an alternative to purchasing equipment and has many advantages. It is recommended that a company consult with their accountant and tax advisor to understand the financial impacts of leasing and have a lawyer review the leasing contract to ensure the terms and conditions meet the company’s needs.

Incompro Capital Lending is a nationally recognized leader in commercial finance. We are leading the way in commercial lending of all types, including

[youtube]http://www.youtube.com/watch?v=Qlfu6uK7DkQ[/youtube]

commercial real estate finance

,

Equipment Leasing

, Sale Leasebacks,

Heavy Equipment Leasing

,

Heavy Equipment Financing

, Medical Financing, Ac

Article Source:

ArticleRich.com

Crosswords/2005/February/1

Tuesday, February 1, 2005

Feel free to use the Wikimedia sites to solve our Wikinews crossword (Please do not fill it out online as it would spoil it for other people, print it out and fill it in at you own leisure!)

If you like, you can follow the instructions on Crosswords/Across Lite to download and solve today’s crossword on your computer.

Today’s crossword in Across Lite TEXT format (warning – contains answers!).
< Yesterday’s crossword.
Retrieved from “https://en.wikinews.org/w/index.php?title=Crosswords/2005/February/1&oldid=515782”
Categories Uncategorized

Peter Andren, Australian MP dies aged 61

Sunday, November 4, 2007

Australian federal member of Calare, Peter Andren died on Saturday after a short battle with pancreatic cancer. He was aged 61.

Mr Andren who had held the seat since being elected in 1996 had previously announced his intention to run for the senate after his electorate was changed for the 2007 federal election. After Mr Andren was diagnosed with cancer in July, he announced that he would be retiring from politics at the election.

Mr Andren’s 1996 campaign platform was based upon retaining services in regional Australia, particularly banking, health and telecommunications. Over the next 11 years, Mr Andren’s primary vote grew and at the 2001 and 2004 elections was elected without preferences, achieving a majority primary vote.

In 2001, Mr Andren disagreed with his electorate on refugees. The electorate supported the government’s tough stance but Mr Andren could not support the government’s border protection measures. Following this, a vicious letter-box campaign rose up saying “you might like Peter Andren … but you won’t like what he’s got to say about keeping our borders safe”.

Fellow NSW independent member, Tony Windsor said Mr Andren’s stance on asylum seekers was just one sign of his compassion and strong belief in human rights.

Mr Windsor described Mr Andren as the “conscience” of parliament. “Peter Andren was a true representative of the people of the Calare electorate, a man of the highest integrity and the conscience of the Parliament,” he said.

“He was subjected to vitriol from time to time within the Parliament over issues, but if he believed in something he stuck to it. He didn’t compromise and I think that’s a lasting legacy that Peter will leave.”

Prime Minister John Howard said despite having a difference of opinion with Mr Andren on many issues, he had a lot of respect for him.

“I respected his skills as a local member,” he said.

“Mr Andren and I frequently disagreed on major issues and he made no bones about that and I made no bones about it either but that didn’t stop me respecting him and acknowledging the tremendous work he did for his electorate.”

Labor leader Kevin Rudd described Mr Andren as a true independent.

“Peter Andren will be a great loss to the Australian parliament,” he said.

“He was a man of principle, a man of commitment, a man who was an absolute independent.”

Leader of the Greens, Bob Brown said Mr Andren was an example of how a politician should be.

“He was an exemplar of representative politics for his electorate and the people of Calare kept returning him with a bigger and bigger majority,” he said.

“[If] anybody ever asks me how a politician should be, I am going to say, ‘Look at the record of Peter Andren'”

“He was a great Australian representative and he is a great loss to this country.”

During his political career, Mr Andren fought the sale of Telstra, introduced a bill to allow MPs to opt-out of their generous superannuation schemes, opposed the Iraq war and campaigned on environmental issues.

Mr Andren was born at Gulargambone, near Dubbo in Western NSW in 1946. Before he entered politics Mr Andren worked as a teacher before moving into journalism. Mr Andren worked as a news producer in Sydney for the Seven and Nine networks, before moving back to regional NSW where he worked as the news editor for both Radio 2GZ and Prime Television.

Mr Andren is survived by his partner and two sons.

Retrieved from “https://en.wikinews.org/w/index.php?title=Peter_Andren,_Australian_MP_dies_aged_61&oldid=4501771”
Categories Uncategorized

The Chemical Plants Should Have Suitable Storage Facilities To Avoid Accidents

The Chemical plants should have suitable storage facilities to avoid accidents

by

Samuel J Lucas

In the industrial area there would be different types of production plants and factories. There would be innumerable persons working through out the day without any interval. The chemical industry is the unique type of industry wherein many liquid acids and chemicals are used to make many types of items in the market. The paint manufacturing plants would have to store millions of litters of various acids and chemicals in their storage containers. These containers would be in the suitable temperature condition to convert the mixture into suitable chemical composition to be used in the process of making different color paints.

[youtube]http://www.youtube.com/watch?v=2zK5JmGZ8QQ[/youtube]

The automobile manufacturing companies would order for paints with the paint suppliers for their painting requirements. Similarly all the products manufacturers’ would also give orders for paints from the paint suppliers. Hence the paint producing company should have suitable storage facilities to store the paint in stock. The storage facilities in the store yard in which the chemical is stored are to be organized and maintained in appropriate way. The maintenance engineers should check all the instruments that are controlling the cooling towards and boilers in the chemical plant. The employees would be working on the assurance that they are working in the safe environment. They trust the capacity for the maintenance engineers and service engineers appointed to make sure of the storage facilities in the chemical plant. Many dangerous chemicals are used in the chemical mixture and if the water drops is mixed in the storage container then the chemical mixture would start to convert as boiling liquid and discharges the poisonous smoke through the smoking pipes. Hence the pipelines under the ground level which are provided to keep the chemical storage containers in perfect temperature level would not have any leakage in their pipes. The pipes should be re-laid if any leakage found by the maintenance staff to prevent major accidents in the chemical plant. The siren should be given and the employees to be alerted to evacuate from the area immediately. The preventive measures and controlling measured to be taken at once to stop smoke discharge and further damage in the factory due to toxic smoke discharge from the plant. The alternative methods are to be taken immediately to stop the further discharge of the smoke from the storage containers. The fire extinguishers have to be fitted in the complete area to be used in the emergency occasions to stop the fire damages. All the methods are to be implemented immediately to store the chemicals safely in the containers in the chemical factory to give safety for all the outside people who are working in other surrounding companies.

Samuel Lucas is the expert author for

storage facilities adelaide

.Visit his articles for more useful info on finding self storage units.He is an authority on

boat storage adelaide

in Adelaide. Our self storage Adelaide facility is fenced and gated with 24-hour storage surveillance.

Article Source:

ArticleRich.com

Flooding in Nakhon Sri Thammarat

Friday, December 16, 2005

Moderate flooding has hit the province of Nakhon Sri Thammarat in southern Thailand. Moderate to heavy rain persists in the area, further exacerbating the flooding conditions. The northeast monsoon has intensified the flow of rainfall-laden air from the Gulf of Thailand. Torrential rains have been plaguing the nine southernmost provinces of the country for nearly two weeks and further downpours are forecast for later this week.

Thung Song District in Nakhon Sri Thammarat province is experiencing waist-high floodwaters in downtown shopping areas. Transportation has ground to a halt in affected areas. In Songkhla Province, the government has called for steps to be taken to prevent further flooding of the commerial district of Hat Yai. Rail tracks have been lifted in some areas to permit flood waters to leave the city, and the Thai Navy has been ordered to take part in relief efforts.

In Muang District of Nakhon Sri Thammarat, many roads have been closed and sandbags are being deployed to help affected businesses. Schools throughout the province have been closed because of flooding conditions. Other provinces, including Phattalung, Pattani, Yala, Narathiwat, Trang, Sukhothai and Satun have experienced similar problems with high tides and heavy rain paralysing much of the region.

The Meteorological Department of the Thailand Ministry of Information and Communication Technology issued a weather advisory concerning the flooding, “People in the lower South and navigators in the Gulf of Thailand should exercise caution and small boats should stay from December 15 until December 18.” It is reported that this has left some tourists stranded on smaller resort islands in the Gulf of Thailand.

Across the border in Malaysia, three are reported to have died and over 10,000 been evacuated as a result of the flooding.

Retrieved from “https://en.wikinews.org/w/index.php?title=Flooding_in_Nakhon_Sri_Thammarat&oldid=435521”
Categories Uncategorized

‘Mobile phone dermatitis’ linked to nickel deposits

Friday, October 17, 2008

The British Association of Dermatologists (BAD) has released a report saying that an illness they named ‘mobile phone dermatitis’, in which individuals owning a cell phone have developed a rash on the side of their face, is likely linked to nickel deposits in the metal of some cellular phones. Nickel has been known to cause rashes on those who have a sensitivity to, or are allergic to the metal. Nickel is also mixed with other metals to make jewelry.

The Association says that the condition is likely to affect people who spend too much time talking on the phone. They found that those who spend too much time text messaging or talking for long periods on the phone, were most likely to develop a rash, sometimes severe, on their face and ears, or the tips of their fingers.

Tests in January, performed on 22 cellular phones by scientists at Brown University in Rhode Island located in the United States, had found that just under half, a total of 10, contained nickel while the rest had rubber buttons and a plastic case. Initially the rashes were unexplained, and researchers could not find a reason why so many individuals began to experience the symptoms. In most cases the rashes were untreatable.

“Cell phones intended for rugged use … often have rubber coating and no surface nickel. Those with more fashionable designs often have metallic accents and are more likely to contain free nickel in their casings,” said Lionel Bercovitch MD., one of the researchers, in a report in the journal for the Canadian Medical Association on January 1, 2008.

Researchers also state that although some people may not be allergic to nickel, “prolonged” and continuous exposure to it can cause severe reactions.

“Prolonged or repetitive contact with a nickel-containing phone is more likely to cause a skin reaction in those who are allergic,” said BAD dermatologist Dr. Graham Lowe in a press release. In the United Kingdom alone, BAD says nearly 30% of the population suffers from rashes brought on by prolonged exposure to the metal.

The researchers also recommend individuals to buy swab test kits to test for traces of nickel.

Retrieved from “https://en.wikinews.org/w/index.php?title=%27Mobile_phone_dermatitis%27_linked_to_nickel_deposits&oldid=4434654”
Categories Uncategorized

How To Make Your Own Pair Of Dungarees}

Submitted by: Robin Kittler

There is an early ’90s revival on the horizon and it’s beginning to emerge this Spring the dungaree. Why not be at the frontline of fashion and make your own pair of dungarees? It couldnt be easier!

Things you will need:

Denim

Sewing machine

Scissors

Thread

Fabric pencil

[youtube]http://www.youtube.com/watch?v=huSD-nPJ5QA[/youtube]

Measuring tape

Old trousers

2 buttons

Instructions: Step 1

Fold your existing pair of old trousers in half, so that you have what looks like one leg. Then lay the trousers over a double layer of your dungaree fabric. Trace around the outside of the trousers, and then add a half-inch to all sides, which allows for the seams. Then cut along the outside lines.

Step 2

Take one of your new trouser leg pieces and lay it over a double layer of fabric, then use it to cut two more trouser leg pieces.

Step 3

Measure across the front of your chest and down to your waistband from that point. Use these measurements to draw a square on a single layer of your fabric. Add half inch seam allowance to all sides, and cut the square from the fabric. This will be the front of your dungarees.

Step 4

Measure the distance from your chest to the back of your waistband, going over your shoulder. Draw a rectangle on a double layer of your fabric that is this length plus 1 inch, and 3 inches wide. Cut 2 of these rectangles. These will be your shoulder straps.

Step 5

Lay two of the trouser leg pieces together, right sides together, and then pin the straight outer edges together. Stitch these together inch away from the edges and press the seam allowances open. Do the same for the other two trouser leg pieces.

Step 6

Lay the two trouser legs together, matching up the curved centre back and centre front seams. Stitch these seams together half-inch away from the edges and press the seam allowances open.

Step 7

Line up the inseam edges of the trouser legs and stitch them together, going over the seams at the centre back and front. Turn under the hem of each leg a half-inch and stitch them in place.

Step 8

Take the square piece of fabric and fold the top and side edges under a half-inch. Stitch the edges in place, and then add buttonholes to the top corners. Line up the bottom edge of the square with the front of the waistband edge of the trousers, right sides together. Stitch the square to the waist, a half-inch away from the edges. Fold the rest of the waist edge down a half-inch and stitch it in place.

Step 9

Take the shoulder straps and fold under one short and both long edges a half-inch, stitching the edges in place. Stitch the remaining raw edges to the back of the waistband, going over the waistband stitching. Add one button to the finished edge of each shoulder strap.

Now you will have your own home-made dungarees ready to wear!

About the Author: Robin Kittler is a fashion author with expertise in the

vintage clothing

industry having recently conducted fashion research into

vintage dungarees

as part of Rokits true vintage ranges in London.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=507474&ca=Womens+Interest}

Police report drug haul seizure worth up to £30 million in Brownhills, England

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Retrieved from “https://en.wikinews.org/w/index.php?title=Police_report_drug_haul_seizure_worth_up_to_£30_million_in_Brownhills,_England&oldid=2611781”
Categories Uncategorized

Fargo, North Dakota, prepares for record flooding

Tuesday, March 24, 2009

Fargo, North Dakota is preparing itself for what could be its worst flood ever. Hundreds of high school and college students worked with two hundred National Guard soldiers Monday on the task of filling over a million sandbags in the effort to stave off the rising Red River. Classes at North Dakota State University were canceled in order to lend the assistance of its students and faculty.

The threat of further rainfall has increased the flood risk, with the river now predicted to crest as high as 52 feet (15.8 meters), over twice that of its lowest flood stage. An emergency levee south of town is also being hastily constructed. Three machines capable of filling 15,000 sandbags an hour are being used around the clock to keep up with demand.

Temporary dikes from Louisiana are being flown in. The dikes, 4 foot high interlocking containers filled with sand, were used during Hurricane Katrina. In Emmons County, several dozen homes were evacuated on Sunday, and families in the town of Beulah, North Dakota have also been forced to leave ahead of the rising waters.

The current scenario is a reminder of the record 1997 flood which inundated the Red River Valley. Fargo constructed a levee system following the disaster to help prevent future flooding. Up to 6000 homes are currently at risk, with many communities farther downriver also preparing for flooding.

The American Red Cross has sent over 20,000 prepackaged meals, along with cots and blankets. Its volunteers around the country have been put on standby, ready to travel to North Dakota if necessary.

All eyes are currently on the skies, as the fate of many communities will be determined largely by how much rain and snow falls over the next week.

Retrieved from “https://en.wikinews.org/w/index.php?title=Fargo,_North_Dakota,_prepares_for_record_flooding&oldid=2646725”
Categories Uncategorized

At least eight dead as building collapses during construction in China

Sunday, July 6, 2008

At least eight construction workers have died and thirteen more are injured after a building collapsed during construction in Qiuzhigou Village, a suburb of China’s Wuhan City. It is unclear how many more if any are trapped as the project’s coordinator fled and is being sought by police.

The collapse occurred at 5 p.m. local time yesterday and reduced the four-story structure to a five-metre pile of rubble. The building was a private residence and was illegal as authorities had not been informed of it. Its location in an area accessible only via narrow alleys is hampering search and rescue efforts as heavy equipment such as cranes is having difficulty reaching the scene.

Around 100 rescuers continue to pick through the rubble in the rain. An investigation has been launched.

Retrieved from “https://en.wikinews.org/w/index.php?title=At_least_eight_dead_as_building_collapses_during_construction_in_China&oldid=1100107”
Categories Uncategorized