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Short on cash, but need equipment? Consider leasing what you need. Leasing equipment may be a better alternative to buying, depending on your situation and needs.

Today, leasing is common practice in business. Over the past two years, equipment leasing has risen approximately 20 percent, according to recent research by the U.S. Small Business Administration (SBA). And 8 out of 10 U.S. businesses lease all or part of their equipment, reports the Equipment Leasing Association.

Leasing is appropriate for just about any business at any stage of development. For start-up businesses with no revenues, smaller leases—those of $100,000 or less—may be better managed on the personal credit of the owners—if they are willing to make the monthly payments.

Comparing Leasing to Buying When you buy a piece of equipment or vehicle, you usually have to pay for it in full either by using cash or by financing the balance. After you finish paying for it, you own it.

Equipment leasing, on the other hand, is essentially a loan. The lender buys and owns the equipment and then “rents” it to a business at a flat monthly rate for a set number of months. At the end of the lease, the business has several options. It can purchase the equipment for its fair market value (or a fixed or predetermined amount), continue leasing, return it or lease new equipment.

With a lease, you actually only pay for using the equipment. But at the end of the lease period, you could end up owning nothing. So why lease? The answer is simple: By leasing equipment, you leave money in the bank that can be used for other purchases. Since lease payments are usually smaller than regular loan payments, you don’t have to pay out as much each month.

However, keep in mind that a lease is not cancelable like a bank loan or other debt. If you need to get out a standard loan you can sell the equipment and pay off the loan, or even refinance it. With a lease, you generally have to pay off the lease in full. So you have to be sure you make the payments when you enter into a lease.

So what kinds of equipment make the most sense for a small business to lease? According to research by the SBA, the most common items leased are office equipment, computers, and trucks and vehicles.

Benefits of Leasing Leasing equipment offers a wide range of benefits, from consistency with expenses to increased cash flow. But perhaps the most significant advantage of leasing is the ability to maintain up-to-date equipment. Leasing allows you to easily and affordably add equipment or upgrade to a complete new piece of machinery to meet future needs. This lets you transfer the risk of being caught with obsolete equipment to the leasing company.

Here are some other benefits of leasing:

• Alternative to financing – Leasing is essentially an alternative to traditional financing and can be great for companies not able to obtain business loans.

• 100-percent “financing” – In many cases, leasing requires no down payment. This allows you to “finance” an entire purchase, including software, hardware, consulting, maintenance, freight, installation, and training costs.

• Ease and convenience – Applying for a lease is easy, and lease arrangements can be structured to meet your individual requirements. Equipment leases can range from $ 2,000 to $ 2 million. For smaller amounts, you can complete a brief application and receive a final decision within days—often with no financial reports or tax returns needed. Leases for more than $100,000 generally require detailed financial information from the business, and the leasing company conducts a more thorough credit analysis than it would for a smaller

• Flexibility – Lease terms range from 12 to 60 months, depending on the equipment type. Most leases can be structured so that payments are made with operating rather than capital funds. This can eliminate or reduce capital budget delays. Leased equipment can be purchased later if capital becomes available. Plus, a percentage of the lease payments can be credited toward the purchase of the equipment.

• Fixed, predictable payments – Having fixed lease payments enables you to accurately predict the impact of equipment expenses on your cash flow.

• Conserves working capital – Leasing conserves your working capital by requiring only a minimum initial outlay of cash.

• Tax Advantages – Operating leases are generally treated as a 100-percent, tax-deductible business expense paid from pre-tax earnings instead of after-tax profits.

• Protection against inflation – Lease payments are based on the dollar’s current value. And unlike bank lines of credit with fluctuating rates, your payments are fixed regardless of what happens to the market tomorrow, making it easier to budget, forecast and grow.

Working with a Leasing Companies When leasing equipment, keep in mind that the company selling the equipment simply makes a direct referral to a leasing company with which it does business. And, usually, the company selling the equipment works with more than one leasing company. So be sure to get quotes from a number of leasing firms. It’s also a good idea to ask for referrals from friends and business associates.

Additionally, make sure you understand with whom you’re dealing. Are you talking to a broker—the person who simply structures deals, then gets them financed through any of the leasing companies he or she works with. Or are you dealing with a leasing company that is actually putting its own funds on the line?

Brokers can be beneficial because they have valuable insight about the leasing market and can help you find the best leasing solution for your needs. But as when dealing with any type of salesperson, you are responsible for handling the due diligence. Do your own homework to ensure you negotiate the most favorable lease agreement for your company.

The day trader’s ultimate objective is to trade expensive and volatile stocks on the NASDAQ and NYSE markets in in increments of 1,000 shares or more, and profit from the small intra-day price movement. The day trader may make many trades in a single day, holding onto stocks for only a few minutes (or hours), and almost never overnight. Day traders are short-term price speculators. They are not investors, and they are not gamblers.

Day trading is not investing. The day trader’s time frame of analysis is rather short: one day. Their only intent is to exploit the stock’s intra-day price swings or daily price volatility. Unlike stock investors, day traders do not seek long-term value appreciation.

Stock volatility is generally a rule of the market rather than an exception. Most stock prices move up or down in any given day due to a variety of external factors. Even if the market is relatively calm, there are always stocks that are volatile. Day traders seek to identify a stock that has a trend and then go with that trend. “Trend is a friend” is a common motto among day traders. Day traders seek to pick up a relatively small stock movement, 1/8 or more on that stock. If day traders are trading a large block of shares (that is, 1,000 shares per trade), then day traders will profit $125 from a 1/8 price movement. Conversely, if a day trader acquired 1,000 shares and the trader was wrong, which also happens, then the day trader will lose $125 from a 1/8 price movement. Volatility is a double-edged sword.

For expensive stocks that trade for $100 or more, a 1/8 or 12.5 cents movement is such a small relative price change that it happens all the time. Consequently there are plenty of day trading opportunities. It is not common to see a day trader executing many, sometimes as many as 100, trades in a single day. On the other hand, an investor’s time frame is much longer. Investors seek a much larger price movement than 1/8 to earn the desired rate of return. That takes time.

In short, day traders seek to extract an income from intra-day price volatility by trading the stock frequently, while the investors seek a long-term capital appreciation.

The amusement ride operator/attendant has full control on most rides and must be proactive and capable of reacting quickly to situations as they arise.

The safety record of the amusement ride industry has greatly improved as a result of inspections, ride maintenance, safe operations and better ride designs, and ride operators/attendants play an important role in maintaining amusement ride safety.

Most countries have occupational health and safety legislation designed to protect the health and safety of workers and the public. Herein is a discussion of the role that amusement ride operators/attendants play in maintaining the highest possible level of safety on the rides on which they work.

Amusement ride operators/attendants should work safely, get as much training as possible in the safe operation of the equipment they are working with and stay alert to prevent safety hazards.
Amusement ride operators/attendants should not engage in any unsafe activities such as horse-play, showing off, or any unseemly behavior while on the job.

Every amusement ride operator/attendant is responsible for on-the-job safety. They are responsible for their own safety as well as the safety of other employees and that of the general public.

Here are some basic rules for a safe workplace that amusement ride operators/attendants should follow:

• Be sure that you know and obey all safety rules and procedures

• Keep your surroundings neat, clean and free of hazards

• Immediately report hazardous situations that might result in an accident

• Complete the inspection checklists prior to operating the ride

• Develop safe work habits and participate in safety training

In addition, there are a number of workplace hazards for which amusement ride operators/attendants should be on the look-out and attend to at once:

• Anything that can cause someone to trip

• Anything that can cause someone to bump their head

• Anything that can cause someone to get a splinter

• Anything that can cause someone to fall

• Anything that can cause someone to get a cut

Amusement ride operators/attendants must work in accordance with the Health and Safety legislation in affect in their area. They must also follow their employer’s policies and safety procedures. They should also be sure not to work when they are tired. Breaks should be taken away from the ride in order to enable the amusement ride operators/attendants to properly relax so that they may return to work refreshed and rested.

It is of the utmost importance that amusement ride operators/attendants be totally familiar with the rides that they are operating. They should observe how the ride operates, and the motions involved in their operation until they understand them completely.

Every ride has a safety zone, which is the area from which the ride is operated. This safety zone is usually designated by the manufacturer or owner of the ride, and should be clearly defined and fenced off, in such a way as to be easily identified by the riders. The safety zone should also be an area that is easily controlled by the amusement ride operators/attendants. The safety zone is for the personal safety of the amusement ride operators/attendants while the ride is in motion, and should never be left while the ride is in motion, or before it has come to a full stop.

The safety of the amusement ride operators/attendants and that of their riders is equally important. Unsafe riding practices are the major cause of incidents on all types of rides.
Rider responsibility should be encouraged, and the amusement ride operators/attendants can play an important role in this. Safety instructions should be clearly posted at the entrance to the ride and the amusement ride operators/attendants should strictly enforce all of them.

It is especially important to reach out to the parents of young children and to enlist their help and support in promoting safe riding practices and in enforcing all safety instructions.

• Be alert to unsafe conditions that could cause trips or falls on the ride platform or steps

• Be alert to unsafe conditions that could cause injury

• Always check that seat belts or safety restraints are fastened and locked in place before the ride starts

• Be careful not to close the door or restraint on any part of the rider’s body while the riders are getting on or off of the ride

• If there is even a suspicion that a rider is under the influence of alcohol or drugs, they should not be allowed them

• Remind riders to follow the posted rules for the ride regarding age, height and/or weight restrictions

• Be sure to alert pregnant women and people with heart conditions to possible risks involved in using the ride

• Remind riders to keep hands, arms, legs and feet inside the ride at all times

• Remind riders to remain seated until the ride comes to a complete stop

If there are any problems with a rider or parent because of ride restrictions or behavior, amusement ride operators/attendants should not operate the ride. They should stop the ride if in motion and only resume operation after the problem has been settled.
Amusement ride operators/attendants should always report all safety-related matters to their immediate supervisor, the insurance company and local safety authorities. They should also update the ride manufacturer and consult with them.

Amusement ride operators/attendants should never leave the ride while it is operating.

Amusement ride operators/attendants should watch the ride and riders at all times while it is operating.
Remembering and following these rules while operating amusement rides will significantly increase the chances of a safe and enjoyable time for everyone, riders and operators/attendants alike, while lessening the prospect of stricter insurance terms and licensing requirements for the amusement ride hirers/operators.

High school—a constant hub of activities, studies, and events—and the last years of our school days shared with friends. High schools always hold a variety of events to raise funds for the many extra curricular activities that makes school fun.

High school students are old enough to realize that in order to have a successful fundraiser, a business plan should be in place. The plan should begin with the question, “what are we raising funds for?” What expenses will be incurred is also another consideration for your plan. Research the most successful fundraisers for high schools to produce. There are many Internet websites that have hundreds of ideas. Don’t use the same fundraiser year after year if profits have continuously declined. Recruit a lot of volunteers who are willing to work for the cause, and check your calendar to make sure there aren’t a lot of other charity events going on at the same time.

Once your plan is in place, think about the type of fundraiser you would like to hold. Successful fundraising ideas include scratch off cards, discount cards, car washes, bake sales, candy sales, seasonal gift catalogs and book fairs. You can find lots of information about any of these on the Internet.

Finally, make sure students alert the community about the fundraiser and promote it by placing flyers throughout the community. You might also try to get a radio or television station to sponsor your event, thus gaining greater exposure. Make sure thank you notes are sent to all those involved.