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There has always been a fine balance between getting all of the equipment you need to start a new business venture, and not over extending yourself in the first few years of trading. How, though, can you get the best of both worlds? Is it possible to keep the company solvent, and still get the kitchen equipment that you know you’ll need for years to come? It is, but there are right and wrong ways for going about this tricky manoeuvre. For some companies the balance sheet is everything. They have a fixed amount of money, and don’t want to take out much (if any) additional money that they will invest into the equipment that they are going to need. They will source equipment that is second hand, end of line, or just out of date, in order to get the business up and running while playing it safe with the money that they have put into the company. Now, while it’s always a good idea to be careful with the money you have going out of the business, you’ll find that most businesses never have enough working capital to begin with; so borrowing is a must, but spending it in the right places is essential. Good, solid, long lasting professional standard Restaurant equipment is essential. For instance, you may be in the market for hot food tables, you may have discovered that a nearby restaurant is going out of business, and they’re selling their tables for a couple of thousand less than it would cost to buy them new. Sounds like a good deal, doesn’t it? It may be, but do you get any sort of guarantee with the tables? What happens if they break after the other company has gone out of business? It’s back to square one; with you having to pay a second time for equipment that you thought you had crossed off of your list and accounted for in your budget. True, buying new restaurant equipment can be an expensive business, but it’s something that you should have accounted for in your original business plan; there is, however, a way to get new equipment at a price that your bottom line (and accountant) will be able to cope with: buy direct from the manufacturer. Just think about it for a moment. You aren’t going to have to pay more money, just because a middleman needs to take their commission; you can have your initial questions answered by people who know everything they possibly can about the equipment; and you know that if anything does go wrong, these are the people who would ultimately be dealing with the problem anyway. In short, not only do you save money, you could be saving time, too. Bayonne Stainless Products aren’t some ‘new kid on the block’ either. The company was founded in 1965, so they have had more than enough time to perfect their craft, and you don’t stay in business for that long if you aren’t producing high quality products, and giving customers all of the support they need, when they need it. In fact, you don’t get contracts to supply the military if you can’t provide them with something like top of the line, sturdy and reliable Hot food tables. If you plan to be in business for a long time, take a leaf out of the books of the company that should be supplying you with your new kitchen equipment: solid, sturdy, hard wearing and reliable will be the backbone of the success of your enterprise – having to constantly renew your equipment will quickly put you out of business. So, if you realize that the money being invested into your company needs to be done in such a way as to secure its future, look to by the best equipment possible, and do it by going to www.Bayonnestainless.com and dealing direct with the manufacturer – not with some commission driven middleman who would be quite happy if you had to keep going back to him to replace your expensive kitchen equipment.
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