BACKGROUND:The key with leasing is understanding if someone wants a Capital or Operating Lease. An operating lease is treated like renting — payments are considered operational expenses and the asset being leased stays off the balance sheet. In contrast, a capital lease is more like a loan; the asset is treated as being owned by the lessee so it stays on the balance sheet.The…
Background: Now that we talked about the importance of good credit in a previous Industrial Talk podcast, now let’s focus on getting a business loan for working capital, expansion, inventory, receivables or perhaps payroll if cash is coming in slowly. One item of note is personal credit is not weighted as heavier as the viability of the…
Keith McAslan leverages his experience in building and selling businesses and offers his to Industrial business owners on this weeks Industrial Talk Podcast. In this podcast, Keith lays out the tangible steps for improving and maintaining your credit rating. This is the first step, in a 4 part series, to gaining access to capital for expansion and…
Today, our world's energy, food, and water systems are so poorly protected and we have a responsibility to protect them from nefarious intruders wishing harm. Cyber attacks are on the rise and we must work together to make our factories, refineries and smart grid secure, safe and reliable. In this weeks Industrial Talk episode, we talk…
In this episode of the Industrial Talk Podcast, Eric Faith, Vice President at Stratum Consulting Partners, discusses deploying continuous improvement results in the beverage industry by leveraging Enterprise Asset Management (“EAM”) solutions to facilitate long-term operational success. Stratum Consulting Partners is an Alliance Partner with Infor and Eric brings a wealth of EAM knowledge and…
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