Episode 15: Do I really need that asset?
February 8, 2021
It is usually pretty clear when a client WANTS to buy a certain asset for their business. But the questions of whether the NEED that asset is a far more important one. This is a question that often comes up for both Trudi and Sarah with their clients.
While an asset purchase can be a great way to harness growth within a business and sometimes it is needed to propel the growth, many business owners don't really think through the long term implications of that particular purchase. In this episode, Trudi and Sarah discuss many of the things that should be taken into consideration when looking to purchase a new business asset to help you decide....do you NEED that asset? They also talk through the difference types of asset finance available and current tax benefits to your business.
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Just two industry experts (and guests) having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.
This is a safe space to ask questions and hear useful info on financial matters.
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DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances.