1. Research and summarize an article on leasing versus buying for your small business. As a small business owner it is typically more beneficial to lease equipment/ vehicles rather than purchase. Why? Be sure you’re article discusses this aspect, as well as the two different types of leases and the financial pros and cons of each type. 2.Research a local bank (Ohio) for information and requirements for a commercial or small business lines of credit. Make sure you proivde an explanation of the terms and what requirements are for a small business start-up to qualify for a line of credit. Write a short report detailing your results. Be sure to provide your sources/citations.
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