How EaaS Benefits Businesses Big and Small
4 Min Read By John Mahlmeister
We’re all familiar with equipment rental and software subscription services in the restaurant industry. But have you considered how an equipment subscription is a better, smarter business move than equipment ownership?
If you’re going to run a successful restaurant, there are certain pieces of equipment you just can’t do without: dishwasher, walk-in refrigerator, ice machine, etc. You get to choose how to acquire this equipment: buy or rent. While purchasing has always been the norm for most, if not all, essential equipment in the restaurant business, it’s not necessarily the smarter fiscal choice.
Capital expenditures (CapEx), often but not always incurred before a business opens, represent major purchases that business owners typically finance with loans. Virtually all the CapEx equipment and other items in a restaurant or bar depreciate over time and must eventually be replaced. Back-of-house essential equipment includes some of the most expensive items a restaurant…
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