E02: Leasing vs Purchasing: What is the ideal method and what issues should we consider?

03/22/20 • 12 min

We’re sometimes conflicted when making an informed decision about whether to lease or buy assets such as houses, motor vehicles and equipment. While it’s important to choose a method that is suitable, it is not always easy to determine its cost effectiveness. In this episode I compare different assets and identify if leasing and purchasing work or not.

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E01: Making a personal budget and the importance of planning ahead

Have you ever set financial goals and realized that achieving them is harder than you thought? Have you ever wondered how you can manage your money better so that you can have surplus funds for rainy days? In this episode I focus on budgeting; how it can assist you, what you can do to budget and how you should do it.

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E03: Why it is not sustainable to value the profitability of your business based on sales

On this episode I discuss why sales and gross profit are not be sustainable indicators to value the profitability and market longevity of your business. I have selected two local small businesses, Dressed By Kat and MoveIt Removals, as case studies to provide a practical demonstration of how indirect costs have a significant impact on the financials of a small business and how they can negatively affect net profit if they are not controlled.