A catering or restaurant is not complete without food, guests, employees, and equipment. Remove one of those elements and you will have no operation. Commercial equipment is a necessity, but not every restaurant owner can purchase the latest top-of-the-line pieces. Every situation is different, which is why you must consider Brisbane catering equipment lease hire to help you run your business.

There are several benefits to leasing catering equipment:

Ideal for startups

New catering businesses are consumed with a huge starting cost. There are food, labour, and many other financial expenses that the bills pile up fast and cash flow is tight. But, it does not mean that you would settle for inferior equipment during its infant stages. When you opt for Brisbane catering equipment lease hire, you can minimize their equipment expenses while having access to the top brands and cooking technology.

Minimal upfront costs

When leasing catering equipment, there are no large down payments to budget for. By reducing the amount of money necessary upfront to do a leasing deal, it helps keep more money in your hands to keep your catering business running smoothly and efficiently.

Add-on flexibility

No business in the hospitality industry that can get by with only a single piece of heavy-duty foodservice equipment. And leasing a pizza oven doesn’t mean you should have to jump through hoops to lease a deep fryer as well. Also, you can add more equipment to your Brisbane catering equipment lease hire contract hassle-free.

Discounted early buyouts

If you are fortunate to have a profitable year with your catering business without a prepayment penalty, you may buyout your contract early, with an additional discount. Leasing is a great option if you need to get a lot of equipment quickly, or if the equipment you need is quite expensive. Sometimes, leases have buyout options that let you purchase the item at the end of the lease.

Lease to own

Why go through the trouble of finding a piece of new catering equipment to research, install, use, and hope that it works perfectly.  With catering equipment lease hire, there is no better way to know how a unit will perform than by putting it to the test.

Additional Reasons Leasing Could Be a Lifesaver for You

• You may not have the money available to buy a huge commercial freezer, but a lease enables you to convert a large capital expenditure into smaller payments every month. This allows for sustainable and continuous business growth.

• Leasing is a tax-effective way to finance the catering equipment you need, as the monthly payments are often deductible from your taxable profits.

• Leasing offers you the opportunity to distribute your payments while maintaining a stable cash flow. The fluctuation in interest rates will not impact the monthly payments.

• Leasing allows you to pick the higher quality catering equipment, instead of settling for the cheaper and second-rate models.

With catering equipment lease hire, you can use for other purposes the capital you save by paying smaller instalments, which is particularly useful when you are new to the industry. You can spend that cash training your staff, marketing your business, or engaging potential customers.