137. How We Evaluate Financing Equipment To Grow A Larger Company w/ Host Brian Fullerton
Fullerton Unfiltered
Brian Fullerton
5 • 1.1K Ratings
🗓️ 30 November 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
Today we're going to be talking for a few minutes about financing equipment and what we look for when making an upgrade or purchase. Interest rates, monthly payments and whether or not to pay cash are all topics I wanted to discuss! This is just MY philosophy and approach to how Liz and I run OUR business and OUR life! You get to decide what works best for you and your business, but I think any of these topics shared here will help you have a better understanding about the why and when to upgrade and invest. Enjoy!
Transcript
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| 0:00.0 | You're now listening to the Fullerton Unfiltered podcast. |
| 0:09.0 | Straightforward, no nonsense business advice. |
| 0:12.0 | Completely Un-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-N-Nfil. forward no nonsense business advice completely unminmin |
| 0:14.9 | filter grow your business grow your life now here's your host Brian Fullerton |
| 0:21.0 | hey what's going on guys well welcome to another episode of the Fullerton. Hey, what's going on guys? |
| 0:23.0 | Well, welcome to another episode of the Fullerton Unfiltered Podcast. |
| 0:26.0 | It's your host Brian Fullerton here hanging out with you guys for the next 20 or 30 minutes and talking to you guys |
| 0:31.0 | a little bit about financing equipment and help you |
| 0:33.8 | guys get your ducks in a row to help you grow your business for 2021. |
| 0:37.9 | I'm really excited about talking about financing some different things and what I |
| 0:41.9 | look for in thought process when we're trying |
| 0:44.4 | to finance new equipment. I got some different things that have worked for me |
| 0:48.1 | over the years and I just wanted to share some advice and here's what I'll tell you guys |
| 0:52.4 | any time you listen to somebody, myself included, |
| 0:55.6 | I always try to preach the grocery store method, right? You go through the grocery store, |
| 1:00.3 | you're not buying everything at the grocery store. |
| 1:02.6 | Okay, you're going to go in for what you need, pick what you want off the shelves, |
| 1:06.4 | and something that you don't need or you're not ready for, just leave it on the shelf. |
| 1:09.8 | So what I want to do is talk to you guys about some thought process that I've personally adopted over the years about financing equipment and what has worked for us and to help you guys grow. |
| 1:19.0 | Now I know a lot of us out there, you know, you guys want to pay cash for things you want to |
| 1:24.1 | run your business debt free your life debt free dude that is awesome I'm a big proponent of |
| 1:29.2 | that being personally debt free as well and even business debt free. |
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