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Idea Cafe: The Small Business Channel -  ideas for Funding New Employees

Answer from our Guest Expert Lillyvette Montalvo - page 2

Where to Find Contractors

You may be able to find some contractors in your own neighborhood, in the location of your new client, or even through such great resources such as Guru.com or FreeAgent.com.

When working with corporate clients, regardless of their current size, you have the opportunity to expose yourself to these businesses by showing them all of your talents and by stamping these sites with your biz name, you expose yourself to even more business entities that work with your client. This is an outstanding marketing tool...it's like showing someone your resume...you're practically shouting, "See what we did? Isn't this awesome? Come hire us too!"

Leasing Options to Help You Grow Wisely

As your business grows, be sure to look into leasing additional equipment for your business...not purchasing! Consider this option for a few reasons:

1. You're in a high-tech biz and leasing is the best way to maintain your biz state-of-the-art -- it's a great way to prevent equipment obsolescence!

2. You don't have to put out all of your working capital to purchase your equipment. You can make easy payments each month, thus ensuring that you don't go through some months where you'll be in total famine because you spent all of your capital purchasing the additional and necessary equipment to handle your growth. Make it easy on yourself...choose terms that are reasonable and feasible.

3. It's a great tax benefit! Talk this over with your accountant...in most cases, your equipment can be a "write-off" and give you the edge that you're seeking during that special time of the year: tax time.

If you can find a company, such as Star Capital, Inc., that will bunch all of your equipment into one lease, you have a great advantage as well. If you're looking to get additional office furniture to accommodate your new equipment, a bigger and better phone system, computers, printers, servers, etc., you can put all of this on ONE lease and not have to make individual payments to each of the companies where you found your equipment. This makes it just plain simple...different equipment, one lease.

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