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Expert leasing advice

SOffering expert advice on leasing, the potential pitfalls, and the critical steps to achieving the “maximum value” from a leasing deal, will be law firm Hempsons.

The company cautions that, whether leasing independently or via the national framework agreement, crucial steps include:

• Asking if leasing fits with the company’s strategic planning and whether existing assets can continue to be maintained.
• Asking if it is the best option – “the flexibility that leasing can potentially provide will lend itself better to technologically-driven equipment”.
• Analysing “lease versus buy”.
• “Examining expectations”: “ask what counts as efficiency and whether it can be measured, how, and over what period”.
•  Considering the next steps should efficiency gains not be achieved.

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