If your business is like most businesses, rental equipment. Research shows that companies can improve their leasing process, reduce overall financing costs, and save time. You may consider appeal for proposal strategic planning for winning the proposal.
One of the best ways to do this is with detailed requests for quotes (RFP), which is only dedicated to leasing equipment. This RFP is separate from equipment requirements and is only related to funding. The purpose of this special tender is to protect your company's financial interests. RFP leasing is written effectively and serves as a tool to extract and eliminate hidden costs from leasing financing.
- Hire a team.
1. Select the RFP team and the leasing team from those involved in financing, maintaining, and operating equipment. The RFP team often includes factory operations, utilities, and maintenance managers, as well as heads of financial officers.
2. Consider employing an independent RFP specialist with experience in preparing and analyzing RFP rentals. This specialist will guide you through confusing double rental conversations so you can concentrate on your daily work.
3. Discuss break taxes and rent the consequences with your company's accounting and tax services.
- Budget and deadlines.
1. Don't be carried away by the gadgets you read in industrial publications. Your company requirements are not what you want to do by your device operator.
2. Your budget is your business. Don't let equipment dealers or leasing companies know how much you want to spend.
3. Add the possibility of alternative funding. Good. Suppliers and manufacturers may have interesting financing options, including rent plans or low-interest financing plans.
4. Remember that there is no such thing as free lunch or flower-free money.