Leasing Loopholes

My strapline - 'The South West Business Doctor - Hands on Help to Improve YOUR Bottom Line' has lead me into further new territory. Leasing. Leasing is an effective means to maximise cash flow - a way of getting the benefits of office equipment, commercial vehicles, business cars, agricultural equipment, industrial plant and machinery, medical and dental equipment and equipment in hotels and restaurants - without plundering any cash reserves or entering into binding and complex bank loans. It is a sobering thought that in 1990 total new asset finance in the UK was approx. £16 billion. (No that isn't a typo!) That figure stood at £29billion in 2008. Even more staggering, perhaps, is the fact that a government debate recently indicated that up to 75% of businesses have at some time been wrongly charged by leasing companies. This may be because unrealistic sales commissions have been built in; the APR may be incorrect; hidden charges may have been built in - there are many possibilities.This does not apply to every lease, I hasten to add. But how do you know whether you have a 'good' lease or not?



You come to me!



A simple, initial check will cost you nothing. Working in association with BKA Midlands, part of the Pickstock group of companies, I will get your lease checked out FREE OF CHARGE to establish whether or not there are signs of overcharging and if there are, an indication of by how much. So for absolutely no charge, you can establish whether your leases are true to what you believe you signed up for. Now that can only be a good thing surely? On the other hand, if there are signs of overcharging, you can assess the amount and weigh up the benefit of having a third party recover that amount on your behalf. Details of costs for this will obviously be fully disclosed at the time. A completely transparent process with me keeping you fully posted throughout.



What is the point of investing in good marketing to generate more business if you are not going to realise the full potential profit that is created? Good business practise is about growing core business and increasing profitability and managing costs; this is a part of the latter - but it all impacts on your bottom line.



Forensic auditing is a very exciting development in a complex area requiring specialised expertise.



I can introduce you to the people with the relevant expertise that can either put cash back into your business or reassure you that any leases you have are exactly what you believe them to be.



If you want to know more - email me - info@thesouthwestbusinessdoctor.co.uk or give me a call on 01805 804645 - I'll look forward to hearing from you!