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Implementing a Major Purchase

April 13, 2006

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Once you've decided that a particular major purchase or project is right for your business, the issue becomes, what's the best way to implement your decision?

While many of the details of your project plan will be specific to your particular business, some of the more common questions business owners face are the following:

• Should you buy or lease?
• If you buy, what are some considerations in financing your project?
• How should you protect and maintain your equipment?

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