When you’re a new business cash conservation is critically important…
But it’s hard to conserve cash when you’ve non or not much trading history, making it impossible to have a positive credit rating.
This makes life extremely difficult, as instead of conserving cash and spreading payments you seem to be constantly paying out, and the better deals always seem out of reach.
An example of this is getting hold of technology for new or growing offices.
High end and efficient print and scan solutions, internet office phone systems with clever mobile apps and computers with office 365 are expensive, and credit terms are usually out of reach.
We remember starting our business 19 years ago. Internet phones weren’t around back then, and the internet was slow and clunky due to limited bandwidth. Credit terms were still hard to secure.
Which makes us think and act differently for organisations just starting out, with poor credit history or who simply don’t want to get involved with finance agreements.
You see, many of our office technology services are available in monthly subscriptions with no up-front investment required or separate finance agreements.
These range from multifunction printers with unlimited ink supplies, photocopier technology worth thousands, internet office phone systems through to laptops pre-loaded with office 365.
The funny thing is it’s recently happened again, as a couple of years back we started an electric car charge point installation company, and it’s been tough getting finance for installer vans.
…luckily, we don’t have to worry about paying out cash for the office technology solutions.