According the Small Business Administration, more than 600,000 small businesses are started each year in the United States. And David Birch, former head of a research firm specializing in small business data, found that 85 percent of businesses fail in their first year. While those new businesses range from home-based, online and traditional brick and mortar establishments, most of these businesses have one thing in common - they need equipment to be able to operate successfully and avoid becoming one of Birch's statistics. But because there are costs, often large ones, associated with starting a new business, many business owners are faced with the question of whether to buy or lease equipment. Commercial leasing expert and founder of Lease with Crystal, Crystal Riley reveals the four questions every business owner should ask before buying or leasing equipment.

Los Angeles, CA (PRWEB) April 29, 2008 -- Small business owners need equipment to be able to operate successfully and avoid becoming one of the 85 percent of businesses that fail within the first year of operation. But because there are costs, often large ones, associated with starting a new business, many business owners are faced with the question of whether to buy or lease equipment. Crystal Riley, president of Lease with Crystal, a company dedicated to providing customized commercial leasing programs, believes that the decision to buy or lease equipment should be considered seriously.

"There are several key considerations business owners need to factor in when deciding how to procure new equipment for their businesses," says Riley. "These considerations go far beyond which one is cheaper in the short term. Rather, tax breaks, resale value, and the net cost of the asset all need to be considered carefully."

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